The unit has hired EquityZen co-founder Shriram Bhashyam as its latest entrepreneur in residence in order to coach employees developing financial technology.
Month: September 2019
Credit Sesame lets in corporates for $43m
The Capital One and Symantec-backed consumer credit management platform has now raised $110m altogether, and the latest round will fund hiring and technology development.
Homee zeroes in on $15m
The home services platform increased its overall funding to nearly $30m in a series B round that included Ferguson Enterprises, Liberty Mutual, The Hartford and State Farm.
Sociolla fashions $40m series D
The fashion-focused e-commerce and media brand raised $40m in a round that was led by corporate-backed existing investor EV Growth.
Alibaba suspends India dealflow
Alibaba has reportedly put a temporary halt to deals in India to focus while it waits to achieve its first exit in the country.
Dream11 to draw up terms for $500m
SoftBank Vision Fund, Naspers Ventures and potentially Tencent are in line to invest in fantasy sports platform Dream11 at a valuation of up to $2.5bn.
DG Daiwa digs up $188m fund
Digital Garage and Daiwa Securities are the general partners for DG Lab Fund II, which recently achieved a first close on its way to a $188m target.
Viela Bio vies for $150m in IPO
AstraZeneca spinoff Viela has raised nearly $390m in funding and has filed for an initial public offering that would also allow 6 Dimensions Capital to exit.
SE Ventures seals two more hires
Grant Allen and Varun Jain – both previously recognised by GCV – have been snapped up by Schneider Electric’s $565m corporate venturing fund.
OpenGov reports $51m series D round
Telstra-backed governmental budgeting platform developer OpenGov has now raised more than $125m altogether, after Weatherford Capital and 8VC co-led its latest round.
Recruit makes Plum investment in $20m round
The corporate contributed to a series B-plus round for second-hand goods trading platform Plum that will fund marketing and the bolstering of its services.
Cisco picks CloudCherry for acquisition deal
Customer marketing platform developer CloudCherry has agreed to an acquisition by Cisco that will follow $16m in funding from backers including Cisco Investments.
Xigua Chuangke sticks $21m series B round
The online coding course company banked $21m in a round led by New Oriental Group that included Oceanwide Holdings and Baicizhan.
FreshToHome reaps $20m
Al Nassar-backed farm-to-plate food provider FreshToHome took its total funding to $33m with a series B round led by Iron Pillar.