India’s OkCredit raises $67M to help small merchants digitize their bookkeeping – gpgmail

[ad_1] OKCredit, a Bangalore-based startup that enables small merchants to turn their bookkeeping digital, has raised $67 million to expand its business in the nation. The Series B financing round for the two-year-old startup was led by Lightspeed and Tiger Global. The new round, which follows Series A financing round in June this year, climbs […]

Shape Security hits $1B valuation with $51M Series F – gpgmail

[ad_1] Anti-fraud startup Shape Security has tipped over the $1 billion valuation mark following its latest Series F round of $51 million. The Mountain View, Calif.-based company announced the fundraise Thursday, bringing the total amount of outside investment to $183 million since the company debuted in 2011. C5 Capital led the round, along with several […]

Explorium reveals $19.1M in total funding for machine learning data discovery platform – gpgmail

[ad_1] Explorium, a data discovery platform for machine learning models, received a couple of unannounced funding rounds over the last year — a $3.6 million seed round last September and a $15.5 million Series A round in March. Today, it made both of these rounds public. The seed round was led by Emerge with participation […]

ScyllaDB takes on Amazon with new DynamoDB migration tool – gpgmail

[ad_1] There are a lot of open source databases out there, and ScyllaDB, a NoSQL variety, is looking to differentiate itself by attracting none other than Amazon users. Today, it announced a DynamoDB migration tool to help Amazon customers move to its product. It’s a bold move, but Scylla, which has a free open source […]

Nigerian online-only bank startup Kuda raises $1.6M – gpgmail

[ad_1] Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it a distinction compared to other fintech startups. “Kuda […]

New investment firm wants to change the way we fund early stage companies — from New Hampshire – gpgmail

[ad_1] The three founders of York IE have a vision about how to change the way early stage startups get funding. They have experience shattering norms, having built a successful startup, Dyn, in Manchester, New Hampshire, which is not exactly a hot-bed of startup activity. The founders want to take that same spirit and apply […]

InMobi’s Glance raises $45M to expand outside of India – gpgmail

[ad_1] Glance, a subsidiary of Indian mobile ad business firm InMobi, said today it has raised $45 million as it prepares to scale its business outside of India and bulk up its product offerings. The unnamed, maiden financing round for Glance was funded by Mithril Capital, a growth stage investment firm co-founded by Silicon Valley […]

Syte snaps up $21.5M for its smartphone-based visual search engine for e-commerce – gpgmail

[ad_1] Visual search has become a key component for how people discover products when buying online: if a person don’t know the exact name of what he or she wants, or what they want is not available, it can be an indispensable tool for connecting them with things they might want to buy. Now, one […]

Drivetime nabs $11M from Makers Fund, Amazon and Google to build voice-based games for drivers – gpgmail

[ad_1] Fully autonomous cars may (or may not) be just around the corner, but in the meantime, a startup that’s building in-car apps to help human drivers pass the time when behind the wheel has raised a round of funding. Drivetime — which makes voice-based trivia quizzes, games and interactive stories that people can play while […]

Good Capital launches to close the funding gap for early-stage Indian startups – gpgmail

[ad_1] Rohan Malhotra and Arjun Malhotra left their jobs in London and Silicon Valley to explore opportunities in India in late 2013. A year later, the brothers launched Investopad to connect with local startup founders and product managers and built a community to exchange insight. Somewhere in the journey, they wrote early checks to social-commerce […]