As more activities between groups of people start online, the need to efficiently connect members of a community rises for the billions of people across the globe. Intros.ai provides automated "introductions that happen over email, text, Discord, Telegram, or Slack."
So far, the company has raised close $45 million in funding in three rounds from investors including Y Combinator, Smilegate Investors, Apis Investment and State Bank of India (SBI).
Kaiko, a cryptocurrency data provider, said on Tuesday that it had raised $53 million in a Series B funding round. According to the press release, the round was led by Eight Roads, whose participation included Revaia and existing investors like Alven, Point9, Anthemis, and Underscore. A spokesperson for Kaiko declined to disclose exact figures but said the series B deal tripled the company's valuation from June 2021. "What was challenging, in all honesty, was the due diligence and closing process because we were really, really under scrutiny.
While working at Zoomcar, the company's then chief business officer (CBO) Hemanth Aluru and chief operating officer (COO) Sudhindra Reddy...
Finhay, a Vietnamese digital investment platform, announced on Wednesday that it had secured a $25 million Series B round led by Openspace Ventures and VIG. According to the press release, the funding round also included firms like Insignia, TVS, Headline, TNBAura, and IVC. Investments in technology development, talent acquisition, and strategic business expansion will be made with the new capital. "We are thrilled to welcome Openspace, VIG, and other investors, and look forward to how their funding and understanding of Southeast Asian fintechs helps accelerate Finhay's growth.
The funding round was led by Zerodha's Rainmatter with participation from Venture Catalysts, 9Unicorns, LetsVenture and Faad Network. : Global escrow banking solution provider Castler has raised $1 million in a seed funding round led by Zerodha's venture capital arm Rainmatter with participation from Venture Catalysts, 9Unicorns, Faad Network and LetsVenture. Castler plans to use the funds to further expand its domestic and cross-border escrow product portfolio, go live with 10 more banks and grow its business by 10x over the next one year.
In a statement, the company said it has raised USD 1 million in a pre-series A round from Powerhouse Ventures, Rajesh Sawhney founded-GSF Fund, and angel investors Murugavel Janakiraman (Founder and CEO, Bharat Matrimony), Dinesh Agrawal (Founder and CEO, IndiaMART) and others.
Career operator Sri Viswanath previously worked at Groupon and VMware. : Prior to his six-year stint at Atlassian, Sri Viswanath accumulated operating experience at Groupon, ... [+] VMware and the Marc Andreessen-founded startup Ning. Coatue is growing its venture investing bench at a time when the market downturn has put pressure on crossover funds. The investment giant announced Monday that Sri Viswanath, chief technology officer at Atlassian, will start in July as a general partner making early- and growth-stage investments in artificial intelligence.
Powerhouse Ventures, Rajesh Sawhney-founded GSF Fund, and Bharat Matrimony founder among investors; funds to be used for expanding within Bengaluru.