02/05/2019 Newsletter

Funding News

 

Canadian billionaire Prem Watsa’s Fairfax Holdings plans to invest an additional Rs 200 crore into Digit Insurance, an online general insurance company that offers insurance products at reasonable rates by eliminating agent commissions.
Read more on ET Tech

 

Celebrity endorsements may be commonplace, but three-year-old yoga and wellness startup Sarva has managed to stage a coup of sorts by bringing on board global entertainment superstar Jennifer Lopez and her fiance, baseball legend Alex Rodriguez, as investors.
Read more on ET TEch

 

Inter-city trucking and supply chain startup Black-Buck has raised $150 million in Series-D funding, led by Goldman Sachs Investment Partners and Accel US, with participation from B Capital and Sequoia Capital.
Read more on ET Tech

 

Mumbai-based digital lending startup Happy has raised $20 million in fresh capital to grow its artificial intelligence (AI) powered lend-tech model to provide flexible digital loans to micro and small business in over 500 locations across India. With its new funding, the startup will also grow its loan portfolio multiple-fold disbursing over 1 million loans over the next fiscal and will reduce loan fulfillment times to below one minute.
Read more on YourStory

 

Enterprise cloud firm Zenoti has raised $50 million in Series-C funding led by New York-based investment fund Tiger Global Management.
Read more on ET Tech
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