GIC

GIC in talks to lead $40 million funding in India’s Vegrow

GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating

Hero MotoCorp, GIC to increase stake in Ather with $108 million investment

Hero MotoCorp, the world’s top two-wheeler maker, and Singapore sovereign fund GIC are investing $108 million in Ather Energy, a promising electric vehicle startup in India whose fast-growing f

Quantexa raises $129M at a $1.8B valuation to help navigate online fraud and customer data management

Financial fraud and other online crime continue to present major threats to businesses, and they remain a key focus for regulators requiring more rigorous efforts to keep illicit activity at bay. Now,

Stripe now valued at $50B following $6.5B raise

The company notes that it does not need this capital to run its business, but to help current and former employees with withholding tax obligations related to equity awards.

GIC backs Indian EV startup Euler Motors in $60 million funding

Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production capacity and broaden its offer

Mexican fintech startup Stori reaches unicorn status with $50M equity raise

While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on cas

Powin raises $135M funding from Singapore’s GIC, Trilantic North America and Energy Impact Partners 

Powin, an energy storage technology developer, said today it has raised $135 million in funding led by Singapore’s sovereign wealth fund GIC, with participation from existing investors Trilantic Ene

Germany’s Zolar grabs $105M on soaring demand for solar energy

Berlin-based Zolar has bagged €100 million (~$105 million) in Series C funding to expand its supplier network for small solar systems to meet rising demand for clean energy. Germany is particularly

Grafana Labs raises $240M Series D

Grafana Labs, the company behind the popular Grafana visualization tools (and a contributor to other open source projects like the Prometheus monitoring system), today announced that it has raised a $

Indian fintech giant Razorpay valued at $7.5 billion in $375 million funding

Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product offering

Paytm raises $1.1 billion from anchor investors in India’s blockbuster IPO

Paytm has raised $1.104 billion in India’s largest-ever anchor round as part of its initial public offering, which is also shaping up to be the nation’s largest, as the poster child of the Indian

All Day Kitchens wants to expand every independent restaurant’s delivery network

The company is partnering with restaurants to share their food across a city via a network of satellite kitchens without having to put up any upfront costs.

Apeel bites into another $250M funding round, at a $2B valuation, to accelerate fresh food supply chains

Apeel developed a plant-based layer for the surface of fruits and vegetables, that is tasteless and odorless, and keeps moisture in, while letting oxygen out.

Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation

Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late Friday. Baillie Giff

Locus raises $50 million for its logistics management business

Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence. The new round, a Seri

Indian logistics giant Delhivery raises $277 million ahead of IPO

Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. In a

The VC and founder winners of DoorDash’s IPO

After years of rumors and high-flying headlines, we finally have the S-1 for DoorDash. Alex has covered the primary details, but I figured it would be good to dive in so we can see who is raking in th

India’s Razorpay becomes unicorn after new $100 million funding round

Bangalore-headquartered Razorpay, one of a handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million i

Singapore’s GIC and TPG to invest over $1 billion in Reliance Retail

GIC, Singapore’s sovereign wealth fund, will invest $752 million in Mukesh Ambani’s Reliance Retail, and TPG will invest $250 million in the Indian firm, they all said Saturday midnight (loca

Equinix and Singapore’s GIC will launch a $1 billion joint venture to build hyperscale data centers in Europe

Equinix, one of the world’s largest data center companies, announced that it will form a $1 billion joint venture with GIC, Singapore’s sovereign wealth fund. The partnership will focus on buildin
Load More