This is to share that PW has raised $210 million in its Series B round, at a post-money valuation of $2.8 billion, which is a 2.5X jump from its last valuation of $1.1 billion.
Troovy, a sauce-making startup, is in the process of securing Rs 11-13 crore (approximately $1.5 million) in funding from Sharrp Ventures, the investment agency of the Harsh Mariwala family of Marico, according to sources who spoke with Indian Startup News (ISN).
z21 Ventures, an early-stage venture capital firm, has successfully closed its $40 million second fund by raising $20 million. WestBridge Capital serves as the anchor investor.
Everest Fleet, a mobility startup, has secured Rs 251.7 crore (approximately $30 million) in its Series C round from Uber, a global ride-hailing behemoth. This is Uber's second investment in the company, which is responsible for the platform's taxi fleet.
Shivalik Investment Fund (SIF), a Category II Alternative Investment Fund (AIF) based in Gujarat, has successfully closed its inaugural fund with 50% of its targeted corpus of Rs 150 crore. The fund also intends to raise an additional Rs 150 crore through the green shoe option.
Taj Investment Holdings has invested Rs 417.5 crore ($50 million) in M2P Fintech, an application programming interface (API) infrastructure platform that was previously known as Yap.