Ecosystem Weekly | 6th Feb’22

SaaS startup Chargebee raises $250M co-led by Tiger Global, Sequoia Capital and others
Chennai and San Francisco-based subscription management platform, Chargebee, on Tuesday announced the closing of a $250 million investment round co-led by Tiger Global and Sequoia Capital, along with returning investors including Insight Partners, Sapphire and Steadview Capital.
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Scaler raises $55M from Lightrock India, others
Tech upskilling Scaler (by InterviewBit) on Tuesday said it raised $55 million (about Rs 410 crore) in funding led by new investor Lightrock India. Existing investors, Sequoia Capital India and Tiger Global, also participated in the Series B round, a statement said.
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Startup News Snippets

M&A News

Market Pulse

• Mumbai-based content platform Social Swag has raised $4 million in Funding from IMEF and Unicorn India Ventures
• Bangalore-based information security compliance platform Scrut Automation has raised $3 million in Seed funding from Lightspeed India Partners and Endiya Partners
• Noida-based blockchain gaming startup OneTo11 has raised $3 million in Seed funding from Oracles Investment Group, Maximus Capital, GDA Capital, Magnus Capital, NFT Technologies, Dutch Crypto Investors, Oracles Investment Group, International Blockchain Consulting, Jason Stone and Carl Runefelt
• Gurgaon-based agritech startup MoooFarm has raised $2 million in Seed funding from Accel India, AgriFood fund and Navus Ventures
• Pune-based logistics SaaS platform Logibricks has raised $2 million in Funding from Shiprocket