India’s OfBusiness valued at $5 billion in $325 million funding

OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small businesses with credit, has secured its fourth financing round this year and is now valued at about $5 billion. Alpha Wave Global, Tiger Global, and SoftBank Vision Fund 2 led the startup’s $325 million Series G financing round. Alpha Wave Global, formerly known […]

HR tech startup Sense valued at $500 million in SoftBank Vision Fund 2-led funding

Sense, an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told TechCrunch. The San Francisco-headquartered startup has raised $50 million in its Series D financing round, […]

SoftBank-backed Flock Freight is the freight industry’s newest unicorn

The global shipping and freight industry has never been more in the spotlight, as the pandemic and other disruptions have led to enormous supply chain bottlenecks. While trucking logistics company Flock Freight can’t solve the global supply chain crisis, it could help get goods to their destinations faster and with less waste. Less than a […]

Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation

Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with the matter told TechCrunch. Atlanta-headquartered Invesco is in talks to lead — or co-lead — the new financing round in the Bangalore-based startup, which counts […]

Whoop raises another $200M for its athlete-focused fitness wearable

Founded in 2012, Whoop is far from a household name in the world of fitness trackers. But over the years, the company has attracted its share of converts. It hasn’t had any issue attracting venture capital over the years, either. Last time we checked in on the Boston-based company was in late-2019, when it raised […]

India’s Eruditus valued at $3.2 billion in $650 million fundraise

Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2. The new financing round — which includes both primary and secondary transactions — […]

Indian edtech Unacademy valued at $3.44 billion in $440 million fundraise

Indian online learning platform Unacademy has raised $440 million in a new financing round as investors double down on the South Asian market and elsewhere following a widening series of regulatory crackdowns in China that wiped hundreds of billions of dollars last month. Temasek led the Bangalore-based startup’s new financing round while Mirae Asset and […]