meesho News of 02/21/20
Facebook Backs Indian Education Startup Unacademy
Unacademy, one of India’s fastest growing education startups, has just received the backing of a major technology giant: Facebook. The social juggernaut has participated in the four-year-old Indian startup’s Series E financing round, ...
7-Month-Old Simsim Secures $16m For Its Social Commerce In India
Simsim, a social commerce startup in India, said on Friday it has raised $16 million in seven months of its existence as it attempts to replicate the offline retail experience in the digital world with help from influencers. The Gurgaon-based ...
Venture Highway Announces $78.6m Second Fund To Invest In Early-Stage Startups In India
Venture Highway , a VC firm in India founded by former Google executive Samir Sood, said on Thursday it has raised $78.6 million for its second fund as it looks to double down on investing in early-stage startups. The firm, founded in 2015, has ...
Inside Prosus Ventures’ $4.5 Billion Bet On India
Prosus Ventures last week filed a hostile offer for British food delivery startup Just Eat , an attempt to defeat a unanimous rejection from its board and simultaneously fend off a bid from rival Takeaway. The giant Naspers spinoff said it ...
Good Capital Launches To Close The Funding Gap For Early-Stage Indian Startups
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 ...
India’S Meesho Raises $125m To Expand Its Social Commerce Business
Meesho, a Bangalore-based social commerce startup, has raised $125 million in a new financing round to expand its business in the country and change the way millions shop online. The Series D round was led by Naspers, and existing ...
Shuttl Is Winning Over Office Workers In India With Safer Bus Commute Option
Miles away from the fancy parts of Gurgaon, where a cohort of Uber and Ola cars race all day to dot the surrounding, hundreds of people are working on a different solution to contribute to India’s push for improved mobility. When Uber entered ...
Sequoia Reveals First Cohort For Its ‘Surge’ Accelerator Program In India And Southeast Asia
Back in January, Sequoia India announced plans for its first early-stage startup accelerator program in India and Southeast Asia, and today the firm revealed the first cohort of 17 startups. To recap, the program — which is called Surge ...
India’S Meesho, Which Enables Social Commerce Via WhatsApp, Raises $50m
Meesho , a Bangalore-based social commerce startup, has closed a $50 million investment to grow its business in its Indian homeland ahead of future international expansion. This Series C round means that Meesho, which graduated Y Combinator in ...