Nexus Venture Partners
Zepto, an Indian quick commerce startup, has more than doubled its valuation to $3.6 billion in a new funding round of $665 million.
Star partner at Indian venture firm Nexus to leave and launch own fund
Sameer Brij Verma, a high-profile investor at the venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch, in a move that has sent shock…
Microservices orchestration platform Orkes raises $20M Series A
Back in 2016, Netflix open sourced Conductor, its microservices orchestration platform, but last December, it announced that it would discontinue maintaining it. Thankfully, for the many companies that rely on…
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India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3-5x invested capital. Several leading India investors, including Peak XV Partners, Elevation Capital, Lightspeed, Nexus and Accel, have raised $500 million-plus in the past…
With $33M Series C, Fingerprint looks to expand device intelligence platform
Fingerprint, a device intelligence API, helps developers build security solutions using information from hardware accessing a website. The primary goal is to help prevent fraud. Today, the Chicago-based company announced…
Nx, a startup developing tooling to make it simpler for software dev teams to work within a single code repository, today closed a $16 million Series A round with participation…
Mukesh Bansal seeks over $100M valuation in new venture’s maiden funding
Mukesh Bansal of Indian fashion e-commerce giant Myntra and fitness platform Cult.fit fame is evaluating a new venture. Even though he hasn’t yet decided on his exact plans for the…
ToolJet, an open source low-code app builder, wants to help companies do more with less
“Do more with less” has emerged as something of a business mantra over the past year, with companies across the industrial spectrum facing growing economic headwinds. Organizations of all sizes…
Doola nurses new capital for its ‘business in a box’ tool targeting global founders
Doola, which has seen its revenue grow by seven times since 2020, is building a one-stop solution for compliantly forming a company.
HyperTrack, which provides last-mile routing software, raises $25M
In a sign that the market for logistics and transportation tech isn’t cooling (economic downturn be damned), HyperTrack, a startup offering APIs for freight order planning, assignment and tracking, today…
Neuron7 raises $10M to help customer service agents find solutions
In the customer service arena in particular, enterprises are facing a historic labor shortage. Owing to burnout, flexibility and customer satisfaction challenges, agents are quitting at a faster rate than…
Setting aside time for focused, undistracted work is a challenge not only for workers, which face a growing barrage of notifications, but teams and companies broadly speaking. One source pegs…
Former AWS engineer sets out to build a better log search engine
When ZincSearch founder Prabhat Sharma worked as a solutions architect at AWS, he helped customers implement a lot of tools on top of AWS infrastructure services. He noticed that most…
Observe.ai raises $125M, adding Zoom as an investor, to supercharge the contact center market
Contact centers play a key part in how a company engages with customers, amounting to what is a $400 billion market globally. Today, a company that believes it can improve…
India tax department probe into Infra.Market finds bogus purchases, undisclosed income
The Indian Income Tax Department said it has found and seized “a large number of incriminating evidences” that reveals that a Pune- and Thane-based unicorn startup, referring to Infra.Market, “booked…
Apollo.io raises $110M as its sales intelligence platform crosses 16K paying companies
One of the bigger impacts of COVID-19 has been that more business than ever before is now being carried out online. To meet that opportunity, today a startup called Apollo.io…
Hasura, the company behind the popular open source Hasura GraphQL Engine that can turn virtually any database into a GraphQL API, today announced that it has raised a $100 million…
Travel experiences app Headout survives the Omicron surge, grabs $30M more in funding
Though the COVID-19 pandemic almost immediately devasted the business of travel booking startup Headout, the company has been able to return to growth as domestic travel rebounded in recent months.…
AskNicely answers how companies can best connect with frontline workers
The company’s tools pull in Net Promoter Score, workflow, recognition and feedback, coaching and insights so that businesses can lead from their frontline workers.
Naren Gupta, co-founder of Nexus Venture Partners, passes away
Naren Gupta, a venture capitalist who co-founded Nexus Venture Partners to help plant Indian SaaS startups on the world map, died on Saturday. He was 73. Gupta, who moved to…
Doola raises $3M to help global founders launch an LLC in the US
Doola, a startup that aims to help global entrepreneurs form a U.S. business, has raised $3 million in seed funding. Doola actually started its life in 2020 as StartPack as…
Apollo.io taps $32M to make the process of B2B sales more intelligent
To date, the company has over 9,000 paying customers, has tripled revenue in the past 12 months and maintained profitability for more than 18 months.
Zepto, a 10-minute grocery delivery app in India, raises $60 million
Two 19-year-old entrepreneurs, who previously collaborated on a number of projects including a ride-hailing commute app for school kids and left Stanford last year to pursue a new startup, said…
API platform Postman valued at $5.6 billion in $225 million fundraise
San Francisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a…
Ultrahuman raises $17.5M, touting a wearable blood glucose tracker
Fitness platform Ultrahuman has officially announced a $17.5 million Series B fundraise, with investment coming from early stage fund Alpha Wave Incubation, Steadview Capital, Nexus Venture Partners, Blume Ventures and…
Credit Suisse leads $20M Series A in data extraction startup Daloopa
Daloopa will continue developing its data extraction technology for financial institutions, which is now being expanded globally.
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 $48 million in a…
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…
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…
Infra.Market becomes India’s newest unicorn with $100 million fundraise
The newest unicorn in India is a startup that is helping construction and real estate companies in the world’s second-most populated nation procure materials and handle logistics for their projects.…
