Logistics Agency Delhivery Raises $277 Million, Now Valued At $3 Billion

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Paytm owner One97 Communications is reportedly in discussions to lift as much as $2bn in funding from a consortium that will embrace present backers SoftBank Vision Fund and Ant Financial, at a valuation of $16bn to $18bn. Beverage producer Coca-Cola Company acquired portfolio firm Bodyarmor, a US-headquartered sports drink brand, at a valuation of approximately $6.59bn. Delhiverys valuation post-money has jumped to almost $3 billion, from slightly over $2 billion following a secondary investment from Steadview Capital in December 2020. According to a TechCrunch report, Delhivery revealed the discovering in its latest regulatory dossier led by US funding agency Fidelity. Global Corporate Venturing is where world innovation and capital converge to outline, invest and shape the world of tomorrow.

Depop operates a cell platform with 30 million registered users – 90% of whom are underneath 26 – who can purchase and sell second-hand and new fashion gadgets along with offering styling companies. The deal comes after roughly $100m in funding for Depop because it was founded in 2011, $62m coming from General Atlantic, HV Holtzbrinck Ventures, Balderton Capital, Creandum, Octopus Ventures, TempoCap and Sebastian Siemiatkowski in a 2019 collection C round. Walden Catalyst Ventures, the US-based venture capital agency co-founded by ex-employees of South Korea-headquartered consumer electronics producer Samsung’s Catalyst Fund, closed its debut fund at over $550m. US-based blockchain recreation developer Mythical Games raised $150m in a series C spherical featuring cryptocurrency exchanges Binance and FTX, bringing its complete funding to over $270m. Edtech startup Newton School on Thursday mentioned it has raised USD 25 million in a Series-B funding spherical led by funding agency Steadview… © Reuters Cryptocurrency exchange and monetary services agency, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion.

It also disclosed that the newest spherical is led by Boston-headquartered funding firm Fidelity. Singapore’s sovereign wealth fund GIC, Abu Dhabi’s Chimera, and UK’s Baillie Gifford additionally participated. Ahead of its initial public providing , e-commerce logistics startup Delhivery has raised $277 million.

On GGV, French photo voltaic agency Neoen is aiming for a market capitalisation of €1.5bn ($1.7bn) in an preliminary public offering on the Paris inventory change. Drawbridge Health, a US-based medical diagnostics spinout of industrial conglomerate General Electric , obtained an undisclosed quantity of funding yesterday from Kyoto University’s venturing arm Innovation Capital (Kyoto-iCap). JHL Biotech has raised an undisclosed sum from traders together with Sanoft at a $750m valuation and can put the cash toward further growth of its biosimilar most cancers pixel 3 dayz backgrounds therapies. Call centre software program supplier Talkdesk closed a $21m series A spherical backed by Salesforce three years in the past, but has taken a bug step ahead with a $100m sequence B round that valued it at more than $1bn. Traveloka, an Indonesian company that has grown into a quantity one vacation and journey companies reserving platform for Southeast Asia, is in talks with unnamed buyers to boost $400m.

Cryptocurrency trade and financial companies firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion. Centessa Pharmaceutical, a UK-based pharmaceutical conglomerate formed through a ten-way merger involving spinouts from varied universities, has gone public in a $330m preliminary public offering on the Nasdaq Global Select Market. Vida Ventures and Janus Henderson Investors co-led a $250m series A spherical at the time of the official launch in February. Urban Company, the India-based developer of knowledgeable companies ordering platform, has closed a $255m sequence F spherical co-led by Prosus Ventures, Dragoneer Investment Group and Wellington Management. It was filled out by Steadview Capital, Tiger Global and Vy Capital, and valued Urban Company at $2.1bn.

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