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Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis.
Round: Series D
Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded by Eric Kinariwala in 2016, Organization Name has now raised a total of $570.0M in total equity funding and is backed by investors that include T. Rowe Price, Sound Ventures, TCV, Global Founders Capital, and M13.
[Jobs Roundup] Here s how you can work for India s newest social media unicorn ShareChat
ShareChat is looking to grow its user base and build a world-class organisation. It is also looking to strengthen its creator community, AI-powered recommendation engine, and platform health.
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ShareChat and its parent company,
Mohalla Tech, which also houses short video app
$502 million in its latest round of funding and joined the list of India s recent unicorns.
The round was led by
Lightspeed Ventures and
Tiger Global, along with participation from
Snap Inc, Twitter, and India Quotient, among others. With this round, the Indic language social media startup is valued at
Just 12 unicorns were born in all of 2020, the highest ever for a year in India. 2021 has already seen the birth of 10 startup unicorns in India, including Pharmeasy, Meesho, Cred, Groww, Gupshup and ShareChat last week.
Snap and Twitter are backing India s answer to TikTok
By
Diksha Madhok, CNN Business
Published Apr 9, 2021 11:46:16 AM
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(CNN) Snap and Twitter are among a group of investors that have just poured half a billion dollars into Mohalla Tech, an Indian startup that owns social media platform ShareChat as well as Moj a TikTok-like app that has soared in popularity since the Chinese original was banned in India last year.
The $502 million funding round was led by investment firms Tiger Global and Lightspeed Venture Partners, and boosted the valuation of Mohalla Tech to a little over $2 billion, the company said in a statement on Thursday. This is Snap s first investment in the company, while Twitter has taken part in two previous rounds, a ShareChat spokesperson told CNN Business.
Moj & ShareChat close US$502 million in its latest round, join the Unicorn Club adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.