– FloBiz is an Indian neobank for the Indian SMBs.
– Company raised $31m in Series B funding.
– The round was led by Sequoia Capital India, Think Investments and its existing investors Elevation Capital & Beenext, with participation from angels like Vijay Shekhar Sharma (Paytm), Kunal Shah (CRED), Jiten Gupta (Jupiter), Amrish Rau (Pine Labs), Neeraj Arora (HalloApp), Nitin Gupta (Uni Cards), Ankit Tomar (Bizongo), Sayali Karanjkar (PaySense) and Krishnan Menon (BukuKas), along with 9Unicorns and Whiteboard Capital.
– The company intends to use the funds for team expansion, product development and scaling distribution.

– Mobile Premier League, the Asian largest esports and skill gaming platform, raised its Series E round of financing at a pre-money valuation of $2.3b.
– The round was led by Legatum Capital with participation from existing investors Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, and Founders Circle Capital.
– The new investment will be used to finance the company’s global expansion and invest in its technology.

– Apna, a startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs, has become the youngest firm to join the coveted unicorn status in the world’s second-largest internet market.
– The startup raised $100m funding led by Tiger Global at a $1.1bn valuation.
– Other investors include Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures.

– Leap raised $55m in Series C funding.
– The round was led by Owl Ventures.
– It also saw participation from Harvard Management Company, Inc, along with returning investors Jungle Ventures and Sequoia Capital India.
– Leap is building the infrastructure to enable students to pursue international higher education. It runs a million-member strong community of international study aspirants in South Asia and has helped over 60,000 students in their study abroad journey over the last 18 months.

– Rattle is building a real-time and collaborative “connectivity tissue” to address the siloed nature of modern record-keeping and intelligence platforms.
– The startup announced that it has raised a seed round of $2.8 million from Lightspeed and Sequoia Capital India.
– Amy Chang (EVP at Cisco & Disney board member), Ellen Levy (early investor in Outreach), Jake Seid (early investor in Brex & Carta), and Krish & Raman (the founders of unicorn SaaS firm Chargebee) also participated in the round.
– The startup, which launched its offering in March, is already seeing over 70% conversion rate among enterprises that have given it a try.
– Rattle has amassed over 50 customers, including Terminus, Olive, Litmus, Imply and Parse.ly.

– RaRa Delivery, a logistics company, raised $3.25m in seed funding.
– The round was led by Sequoia Capital India’s Surge program and East Ventures.
– Other participants included 500 Startups, Angel Central, GK Plug and Play and angel investors Royston Tay and Yang Bin Kwok.
– RaRa Delivery is a logistics company that relies on a proprietary engine that batches orders and optimizes delivery routes based on data like real-time traffic information.
– It currently operates in Greater Jakarta and is getting ready to expand into five other Indonesian cities this year.
– RaRa Delivery’s goal is to integrate with all major marketplaces in Indonesia, so sellers can offer it as a delivery option to customers.
– It also partners with brands, small e-commerce businesses and seller aggregators.

– Revery, a sleep-focused mobile app, raised $2m in funding.
– The round was led by Sequoia Capital India‘s Surge program and joined by GGV Capital, Pascal Capital, zVentures (Razer’s corporate venture arm) and angel investors like MyFitnessPal co-founder Albert Lee; gaming entrepreneur Juha Paananen; CRED founder Kunal Shah; Mobile Premier League founder Sai Srinivas; Carolin Krenzer; and Josh Lee.
– The company plans to launch its app in the United States later this year.

– GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million.
– The company says the round was oversubscribed, passing its initial target of $75 million.
– The funding was led by Asia Partners and Falcon Edge, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners.
– This brings GudangAda’s total raised so far to about $135 million.
– Its last funding was a $25.4 million Series A last year, led by Sequoia Capital India and Alpha JWC.
– Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia.

– Outplay announced its $7.3M series A fundraise from Sequoia Capital India.
– Outplay will use the funds raised to invest in technology and hiring exceptional talent across the globe.
– The platform brings predictability to outbound sales and helps sales reps talk to the right prospect at the right time through the right channel.

– Convosight, a New York, New Delhi, India, and Singapore-based community creator monetization platform, raised $9M in Series A funding.
– The round was led by Singapore-based VC firm Qualgro with participation from Unilever Ventures, Ajay Gupta, IvyCap Ventures and Sequoia Capital India’s Surge.
– The company intends to use the funds to expand operations and its business reach.

– Apna, a startup by an Apple alum, announced its acceptance by the market has helped it raise $70m in a new financing round as the startup prepares to scale the 16-month-old app across India.
– Insight Partners and Tiger Global co-led Apna’s $70m Series B round, which valued the startup at $570m.
– Existing investors Lightspeed India, Sequoia Capital India, Greenoaks Capital and Rocketship VC also participated in the round.

– Bangalore-based FamPay raised $38m in Series A funding.
– The round was led by Elevation Capital and joined by General Catalyst, Rocketship VC, Greenoaks Capital, Sequoia Capital India, Y Combinator, Global Founders Capital, and Venture Highway.
– The size of the new investment makes it one of the largest Series A rounds in India.

– Slintel, a startup providing that kind of data, announced a $20m Series A.
– The company has attracted some big-name investors, with GGV leading the round and Accel, Sequoia and Stellaris also participating.
– The investment brings the total raised to over $24m, including a $4.2m seed round from last November.
– The company plans to grow faster again.

– Whatfix, a “digital adoption” platform that enterprises use to bake user support tools into their software, has raised $90 million in a series D round of funding.
– The company’s latest funding tranche was spearheaded by SoftBank’s Visions Fund 2, with participation from Cisco Investments, Sequoia Capital India, Eight Roads Ventures, F-Prime Capital, and Dragoneer Investment Group.

– LambdaTest is a cloud browser testing platform.
– The company raised $16M in Series B funding.
– The round was led by Sequoia Capital India with participation from Telstra Ventures, Wamda Capital and a sovereign wealth fund.
– The new investment will be used to expand operations and business reach.

– Zenyum, a Singapore based direct-to-consumer dental products brand, raised $40m in Series B funding.
– The round was led by L Catterton, which invested invested $25m, with participation from existing investors Sequoia Capital India, RTP Global, Partech, TNB Aura, Seeds Capital, and FEBE Ventures.
– In conjunction with the funding, Anjana Sasidharan, Head of Growth Investments for L Catterton Asia, will be joining Zenyum’s board.
– The company intends to use the funds to accelerate expansion across Asia, deepen its range of products, and further develop its technology stack.

– Plum, a Bengaluru, India-based group health insurance startup, raised $15.6m in Series A funding.
– The round was led by Tiger Global with participation from Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund and Gemba Capital, as well as Kunal Shah (founder, Cred), Gaurav Munjal, Roman Saini and Hemesh Singh (founders of Unacademy), Lalit Keshre, Harsh Jain and Ishan Bansal (founders of Groww), Ramakant Sharma & Anuj Srivastava (founders of Livspace), and Douglas Feirstein (founder of Hired).
– The company intends to use the funds to further scale engineering, business development and operations teams.

– BukuKas, a startup focused on digitizing Indonesia’s small businesses, has raised $50m in Series B funding.
– The round included participation from Gokul Rajaram, the DoorDash executive, and Taavet Hinrikus, co-founder and chief executive officer of TransferWise.
– This news comes just four months after BukuKas announced a $10m Series A led by Sequoia Capital India.
– BukuKas will use its Series B to hire for its engineering and product teams in Jakarta and Bangalore, and launch new services for merchants.
– According to Bank Indonesia, the country’s central bank, there are about 60 million SMEs, though Menon says that number may range from 55 million to 65 million.

– Purplle, an e-commerce platform for beauty products in India, raised $45m funding.
– The round was led by Sequoia Capital India and joined by existing investors Verlinvest, Blume Ventures and JSW Ventures.
– The new round values the Indian startup at about $300m, up from $150m in its 2019 Series C round.
– The startup has raised $95m to date.

– Outplay, a sales engagement platform, raised $2m in funding.
– The round was led by Sequoia Capital India‘s Surge program for early-stage startups.
– Outplay was founded in January 2020 by brothers Ram and Laxman Papineni.
– Outplay is designed for teams that use multiple channels to reach potential customers, including phone calls, text messages, email, live chats on websites and social media platforms like LinkedIn or Twitter.
– It integrates with customer relationship management platforms like Salesforce and Pipedrive, giving sales people a new interface that includes productivity and automation tools to cut the time they spend on administrative tasks.
– Outplay also provides analytics to help sales people track how well sales campaigns are working.

– Apna, a startup by an Apple alum that has become home to millions of low-skilled workers in India, said on Tuesday it has raised an additional $12.5 million.
– Sequoia Capital India and Greenoaks Capital led the $12.5 million investment in the startup. Existing investors Lightspeed India and Rocketship VC also participated in the round in what is an extended Series A.
– The startup, whose name is Hindi for “ours,” has now raised more than $20 million.
– More than 6 million low-skilled workers such as drivers, delivery personnel, electricians and beauticians have joined Apna to find jobs and upskill themselves.

– Doubtnut, an Indian startup that helps students learn and master concepts from math and science using short videos, has raised $31m in a new financing round.
– The round was led by SIG and James Murdoch’s Lupa Systems, and joined by existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures.
– The startup said it has developed a bank of more than 65 million questions in nine languages for students from sixth grade to high school.
– Doubtnut said its app reaches students in smaller towns and cities.

– Cuemath is a Bengaluru, India-based leader in online math learning.
– The company closed its $40m Series C financing round.
– The round was led by Lightstone Aspada and Alpha Wave Incubation with participation from existing investors Sequoia Capital India, CapitalG (formerly Google Capital) and Manta Ray.
– The new investment will be used to drive expansion of the platform globally and build on its launch in the US to further scale up in the geography, along with other international markets.