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Fintech Funding

Newly turned unicorn has raised $13.5 million in venture debt funding from Alteria capital, India’s largest venture debt fund.

Fintech platform Clearco has raised $215 million in an equity funding round led by SoftBank Group Corp’s Vision Fund 2. The company offers capital to startups and is based in New York, London and Toronto.

Dealshare has raised $144 million in a funding round led by Tiger Global and Coles by WestBridge Capital, Alpha Wave Incubation and Z3 Partners. Other participants were DST Global, Matrix Partners India and Alteria Capital.

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MPOWER Financing has raised $100million in venture funding. The funds will be used to scale business operations and team expansion in Bengaluru. EduTech Funding Global real estate firm Ivanhoe Cambridge, a subsidiary of leading Canadian institutions fund manager (CDPQ),has committed to invest $100 million to develop a lab space in Hyderabad genome valley. Edtech startup Teachmint has raised $20 million in pre series B funding round led by Learn Capital. CM Ventures also participated in the round. Edtech firm AdmitKard has raised $1.4 million in a pre series A funding round. Transport & Travel Funding Ola electric has raised $100 million debt funding from Bank of Baroda. This is one of the largest long-term debt financing agreements in the Indian electric vehicle industry. GoStops has raised $1 million in a pre seed A funding round led by Indian Angel Network and Yuj Ventures.