After eating up $20 million in venture funding earlier this year, HungryPanda loaded up with an additional $70 million, with Arma Partners acting as the exclusive financial advisor for the deal, according to a press release. HungryPanda is an online food delivery platform that serves...
The Indian economy has suffered a blow due to the COVID-19 pandemic in spite of its massive 1.3 billion customer base, The Wall Street Journal (WSJ) writes. India’s gross domestic product has fallen 7.5 percent compared to the same time in 2019, WSJ writes. While...
FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as...
InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, a press release says. Mitsui Sumitomo is a subsidiary of MS&AD Insurance Group Holdings, and Takashi Sato, managing partner for venture arm MS&AD Ventures, will be on Hippo’s...
Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. 24). London-based private equity investor Apis Partners is pumping $35 million into Cashfree in exchange for a minority equity...
Digital banking platform HMBradley announced on Tuesday (Nov. 24) that it has raised $18.25 million in a Series A funding round to accelerate its credit program. The funding, which was led by Acrew Capital, will also be used to expand its customer offerings, the bank...
Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The WSJ reported that Boston-based Bain raised...
Investors just delivered another $90 million into the coffers of Loadsmart, a digital freight startup, the company announced Friday (Nov. 20). BlackRock led the Series C funding round, which also included key industry investors like international shipping giant Maersk, which has been an investor since...
African FinTech Chipper Cash has landed a whale of an investor. Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of...
