INDmoney raises $75M for its super finance app in India

Indian startup INDmoney has raised $75 million in a new round as it attempts to build a super finance app to become a “one-stop shop” for people’s investments and expenses, a top executive said on Monday. Tiger Global, Steadview Capital, and Dragoneer co-led the startup’s $75 million Series D funding, said Ashish Kashyap, founder and […]

AI chip designer Moffett AI raises ‘tens of millions of dollars’ in Series A round

China’s call to foster semiconductor independence has sent investors chasing after chip startups of all sorts. Moffett AI, a Shenzhen-based chip design company, has received a fresh Series A injection. The company did not disclose the exact amount, only saying that the proceeds were in the “several tens of millions of dollars.” The round was […]

Animoca, Galaxy Interactive and Polygon back gaming firm nCore in web3 push

nCore Games has raised $10 million in a new financing round as the top Indian gaming firm gears up to launch web3 offerings, its top executives said Monday. Animoca Brands and Galaxy Interactive, two high-profile investors in the crypto space, led the funding. Polygon, a popular layer 2 Ethereum scaling solution, and Hyperedge Capital also […]

Ghanaian fintech Float raises $17M seed to power cash flow for commerce in Africa

Cash flow is a major pain point for small businesses in Africa. Long payment cycles, which can take 30-90 days after services or products have been rendered, and little or no capital, of which research says 85% of African small and medium businesses are subject to, are the main culprits of cash flow issues. Many […]

Gradient, 10xFounders back Zowie’s no-code, e-commerce customer service tool

Customer service tickets tend to fall into the same few buckets — returns, refunds or quality control questions. Not only are these repetitive, but it leaves little time for customer engagement on more complex requests, like relaying information on products or helping a customer find the best product for them. Maja Schaefer and Matt Ciolek, […]

Ugandan fintech Asaak raises $30million to support acquisition of motorbikes, smartphones by taxi operators

Asaak, a Ugandan asset financing startup, has secured $30 million in pre-Series A equity and debt funding. The round saw the participation of new and existing investors including Resolute Ventures, Social Capital, HOF Capital, Founders Factory Africa, End Poverty Make Trillions, Decentralized VC and a number of angel investors. Asaak offers motorbike financing to operators, […]