VP Weekly | 10th Nov ’19
Freshworks raises $150 Mn from Google, Sequoia, and Accel
Software as a service company Freshworks has raised $150 Mn from technology giant Google and the existing investors, venture capital firms Sequoia and Accel.
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Tech Mahindra will acquire New York-based Born Group for $95 MnSoftware services company Tech Mahindra will acquire New York-headquartered digital agency Born Group for $95 Mn
Startup News Snippets
M&A News
Market Pulse
- The US-based electrical and electronics component manufacturer Flex has announced that it is planning to expand its business from China to other geographies, including India
- Amazon Web Services (AWS) has announced to provide the company’s cloud technology to edutech startups Eckovation, Kings Learning and PlayAblo to its AWS startup programme
- US-based online platform for startups, angel investors, and job-seekers looking to work at startups, AngelList has rolled out an India-focussed venture and angel fund
- Indian Angel Network has announced the final close its IAN Fund after raising its maiden fund of $52 Mn from Hyundai as its limited partner and SIDBI, IIFL, Yes Bank, Max Group, and others
- Mumbai-based advertisement technology startup Vserv raised an undisclosed amount from global data analytics and consumer credit reporting company firm Experian
- Yamuna Nagar-based logistics tech startup, TruckSuvidha, has raised an undisclosed amount in seed funding from Maharatna Gas Authority of India Limited (GAIL)
- Vadodara-based dips and sauces manufacturer, All That Dips, has raised an undisclosed amount of funding from GVFL venture fund
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