Tag: Nexus Venture Partners
Indian storytelling platform Pratilipi raises $48 million led by gaming giant Krafton
Pratilipi, an Indian startup that operates an online storytelling platform to enable writers to share their work in various formats, said on Wednesday it has raised a $48 million financing round led by Krafton. South Korean gaming giant Krafton led the Series D round for the seven-year-old Bangalore-based startup, bringing…
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Sequoia Capital India unveils fifth group of startups for Surge
Sequoia Capital India has selected 23 early-stage startups for its fifth cohort of Surge, its accelerator program for India and Southeast Asia, at a time when dealflow activity is at its peak in the region. The new cohort, Surge’s largest to date, have collectively raised $55 million, the storied investment…
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Tiger Global leads $31.5M investment in interactive edtech Quizizz
Quizizz, an Indian startup that is making learning more interactive so that students find it compelling to spend more hours studying, said on Wednesday it has raised $31.5 million in a new financing round. Tiger Global led the Series B financing round in the five-and-a-half-year-old startup. Yahoo co-founder Jerry Yang…
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Jumbotail raises $14.2 million for its wholesale marketplace in India
Jumbotail, an online wholesale marketplace for grocery and food items, said on Friday it has raised an additional $14.2 million as the Bangalore-based startup chases the opportunity to digitize neighborhood stores in the world’s second largest internet market. The five-year-old startup said the new tranche of its Series B financing…
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Investors tell Indian startups to ‘prepare for the worst’ as Covid-19 uncertainty continues
Just three months after capping what was the best year for Indian startups, having raised a record $14.5 billion in 2019, they are beginning to struggle to raise new capital as prominent investors urge them to “prepare for the worst”, cut spending and warn that it could be challenging to…
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