Unicorn Nest news
WeRize Raises USD8M in Series A Funding
– WeRize is a Bengaluru, India-based socially distributed financial services platform.
– The company raised USD8M in Series A funding.
– The round was led by 3one4 Capital, Kalaari Capital, Picus Capital and Orios Venture Partners.
– The new investment will be used to accelerate growth and expand operations.
Unicorn Nest news
SimpliContract Raises $1.8M in Seed Funding
– SimpliContract is a Bengaluru, India-based AI and SaaS-based contract lifecycle management (CLM) platform.
– The company raised $1.8M in seed funding.
– The round was led by Kalaari Capital with participation from Picus Capital, Arka Ventures, and Digital Sparrow Capital.
– The new investment will be used to expand the company’s engineering, AI research, and marketing efforts.
Unicorn Nest news
India’s ElasticRun raises $75 million to grow its commerce platform for neighborhood stores
– ElasticRun, a startup that is helping neighborhood stores in India secure working capital, inventory from top brands and work with e-commerce firms to boost revenues, raised $75m in its Series D funding round.
– The round was co-led by existing investors Avataar Ventures and Prosus Ventures, and existing investor Kalaari Capital also participated in the round.
– The company has raised $130.5m to date.