Tag: Funding

Pleo raises $150M at a $1.7B valuation for its new approach to managing expenses for SMBs

Whether you are part of the accounting department, or just any employee at an organization, managing expenses can be a time-consuming and error-filled, yet also quite mundane, part of your job. Today, a startup called Pleo — which has built a platform that can help some of that work more…

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MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion

Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever. This growth has translated to an increase in volume across e-commerce platforms all over the world. While there has relatively…

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India’s Furlenco raises $140 million for its furniture and appliance renting service

Furlenco, a Bangalore-based startup that operates an eponymous furniture and appliance rental service, said today it has raised $140 million in a financing round as it looks to scale its operations in the South Asian market and explore international market expansion. The new $140 million financing round, a Series D,…

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With $3M seed, Frame streamlines finding a therapist and builds a one-stop shop for private practices

Therapy is rapidly becoming a standard part of many people’s lives, but 2020 interrupted that trend by nixing in-person sessions and forcing therapists to migrate their entire practice online — and it turns out that’s not so easy. Frame simplifies it with an all-in-one portal for clients and therapists, unifying…

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India’s Licious raises $192 million for international expansion

Licious, a Bangalore-based startup that sells fresh meat and seafood online, has raised $192 million in a new financing round as it looks to expand its footprint beyond the South Asian market. The new round — a Series F — was led by Singapore’s investment firm Temasek and Multiples Private…

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TeamApt will use its new funding round to provide digital bank services for the unbanked

A great deal has changed since we last covered Nigerian fintech startup TeamApt two years ago. At the time, the company had just closed a $5.5 million Series A round from a single VC — Quantum Capital Partners, a firm owned by Zenith Bank billionaire Jim Ovia. TeamApt has quite…

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