General Atlantic India has acquired a 5% stake in Tencent-backed Byju’s in return for a $100m commitment that pushed the education services provider’s valuation to $2bn.
Month: October 2018
Funding Circle rings up $576m IPO
The lending platform’s existing shareholders, which include Rocket Internet, sold $184m in shares as part of the offering.
SurveyMonkey adds surplus to close IPO at $207m
The underwriters for the initial public offering have bought another $27m in shares in the Alphabet and Salesforce-backed online survey platform developer.
DarkTrace attracts $50m in series E funding
The SB Isat-backed cybersecurity technology developer increased its overall funding to $230m in a Vitruvian-led round that valued it at $1.65bn.
Forter courts Salesforce to raise $50m
The Salesforce-backed series D round will help e-commerce anti-fraud platform Forter beef up its research and development activities.
Instana inserts $30m in series C round
Meritech Capital led a $30m round for Codecentric spinoff Instana, increasing the app performance manager’s total funding to $57m.
Licious catches $25m
Bertelsmann India Investments co-led the online meat and fish merchant’s series C round, which included fellow CVC Sistema Asia.
News round up 1 October 2018
A round up of all the news on www.globalcorporateventuring.com for our subscribers.