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TyrePlex, India s leading eCommerce platform for tyre vertical raises seed round led by AdvantEdge Founders – India Education | Latest Education News | Global Educational News

TyrePlex, India s leading eCommerce platform for tyre vertical raises seed round led by AdvantEdge Founders – India Education | Latest Education News | Global Educational News
indiaeducationdiary.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiaeducationdiary.in Daily Mail and Mail on Sunday newspapers.

Indian B2B marketplace OfBusiness in fundraising talks with SoftBank

OFB Tech, which runs the OfBusiness business-to-business marketplace, is in advanced talks to raise $150 million from Japan’s SoftBank Group Corp., valuing the startup at $1.3 billion, two people aware of the transaction said on condition of anonymity.

Indian B2B platform OfBusiness rakes in $110m led by Falcon Edge

Indian B2B platform OfBusiness rakes in $110m led by Falcon Edge Photo: Unsplash April 8, 2021 Business-to-business (B2B) platform OfBusiness has raised $110 million in a funding round led by Falcon Edge Capital, per an announcement. The financing also saw the participation of existing investors Creation Investments, Matrix Partners India, and Norwest Venture Partners. The round, a mix of primary and secondary transactions, saw 12 angel investors and 73 employees sell stock worth $13 million. According to a report in The Economic Times, the latest round values OfBusiness at about $800 million. The company will invest the capital in expanding its tech-based offerings for the B2B ecosystem. It is also planning investments and acquisitions to penetrate deeper into existing supply chains.

Saveo raises $4 Million in Seed Funding from Matrix, RTP Global & Clutch of Angel Investors

Saveo raises $4 Million in Seed Funding from Matrix, RTP Global & Clutch of Angel Investors Team StartupcitySaveo, a B2B e-commerce platform for pharmacies has raised $4 million in seed funding co-led by Matrix Partners India and RTP Global. Incubate Fund and India Quotient also participated in the round along with a clutch of angel investors, including Kunal Shah, Founder, Cred; Rajesh Yabaji, Founder, Blackbuck; Asish Mohapatra and Ruchi Kalra, Co-founders, OfBusiness; Amit, Naveen & RK Misra, Co-founders, Yulu; VS Sudhakar & Vipul, Co-founders, Bigbasket; Revant Bhate, Co-founder, Mosaic Wellness; Sumit Ghorawat, Co-founder, Shopkirana; and Raoul Bajaj, CEO, Trafigura India. Founded in 2019, Saveo operates a business-to-business e-commerce platform focused on pharmacies and deals in allopathy, generics, surgical, ayurvedic and specialty pharmaceuticals.

Saveo Healthtech Gets $4 Million Funding From Matrix Partners India, RTP Global And Others

Saveo Healthtech gets $4 million funding from Matrix Partners India, RTP Global and others The seed round saw participation from Incubate Fund and India Quotient, a statement said. PTI January 29, 2021 / 01:26 PM IST Saveo Healthtech, a B2B e-commerce marketplace for pharmacies, on Friday said it has raised $4 million (about Rs 29.1 crore) in funding, co-led by Matrix Partners India and RTP Global. The seed round saw participation from Incubate Fund and India Quotient, a statement said. Cred founder Kunal Shah, Bigbasket co-founders VS Sudhakar and Vipul Parekh, Blackbuck founder Rajesh Yabaji, OfBusiness co-founders Asish Mohapatra and Ruchi Kalra, Yulu co-founders Amit, Naveen and RK Misra and others also participated, it added.

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