MobiKwik has raised $20 million from UAE sovereign wealth fund Abu Dhabi Investment Authority. The latest funding round has valued the company at $700 million.
Classplus has raised $65 million in a series C round. The round was led by Tiger Global and saw participation from existing investors GSV Ventures, Alpha Wave Incubation, Blume Ventures and RTP Global.
Byjus’s has raised another $50 million in a Series F round from IIFL’s private equity fund and Maitri Edtech. With a $ 35 million investment , IIFL led the funding round.
Car servicing startup GoMechanic has raised $42 million in a Series C funding round led by Tiger Global. The round also saw participation from Sequoia Capital India, Orios Venture Partners and Chiratae Ventures.
EV battery manufacturer Grinntech has raised nearly $2 million in a bridge funding round. All the existing investors participated in the round. The funds will be used to carry out the business plans of the company.