B2B Connect
29,305 results found in 1ms
Meteor Venture | promoting potential startups to reach their zenith of success
Beingartifex | A Unique skills development platform for students
Startup Story Launches COVID Relief Campaign -2021
Nexus backed Blueshift raises $30M in Series C round led by Fort Ross Ventures, Avatar Growth Capital
Edtech startup Doubtnut raises Rs 224 Cr in Series B round led by SIG, Lupa Systems
Neuralink monkey is able to play ping pong amazingly
Pension To Be Provided To Dependents Of COVID-19 Victims; Govt Launches Scheme
Jai Kisan Raises Funding $30M Round Led By Mirae Asset
In-principle Approval From Paytm’s Company Board To Raise Around Rs 22,000 Crore, IPO
Google-backed e-commerce trading and payments platform DotPe (Dot) has bagged funding in a fresh round led by Singapore’s sovereign fund Temasek. This is the second funding round in the last 18 months for the Gurugram-based startup.
Moreover, DotPe’s board of directors has passed a special resolution or memorandum stating the issue of 20 equity shares and 7,327 (CCPS) compulsory cumulative preference shares at a specific issue amount of INR 5,91,525 for a share to raise INR 435 cr or $55 mn.
Temasek (through V-Sciences Investment company) has led the funding round with approximately INR 150 cr or $19 mn. Moreover, PayU Fintech Investment enterprise pumped in INR 91.74 cr or $11.2 mn.
As per a report, the company’s market value is around $245 to 250 million approximately (after allotment). This is a drastic three-times increase in its market valuation when we compare it to its last funding round.
Founded in 2020 by Gyanesh Sharma, Shailaz Nag, and Anurag Gupta, DotPe is a payment services provider to offline and online e-commerce businesses. Moreover, it also helps offline startups and businesses to go online and provides services for order management. The startup states that across the globe, more than 7.5 million merchants utilise its services. Barista, Social, The Big Chill Cafe, and Wat-a-Burger are some of the brands using its services.
Finnovate raises about $1 million in Pre-Series A round of funding…
My TAG App | This edtech startup helps you plan your career the right way…
SaaS platform Dingg raises Rs 3.5 cr in Pre-Series A funding…
Healthtech startup CoverSelf raises $4.8 million in funding from Beenext, 3one4 …
AI communication startup Rephrase.ai raises $10.6 million in funding led by Red …
Ronin Wines raises $2 million in a funding round led by Anthill Capitaland…
Google-backed DotPe raises $54.4 million in funding led by Temasek…
Finnovate raises about $1 million in Pre-Series A round of funding…
First Indian farmer-led Sahyadri Farms raises Rs 310 crore in funding European i…
Frenzi raises undisclosed funding in pre-series A round…
Adobe agrees to acquire Figma in a deal of $20 billion…
About Author
