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Neobank Fi finalizing funding at $700 million valuation – TechCrunch

Indian neobank Fi is in advanced stages of talks to raise about $100 million at a $700 million valuation, according to three sources familiar with the matter. Alpha Wave Global, formerly known as Falcon Edge Capital, is leading the round, sources said. Singapore’s Temasek is also in talks to invest in the new round, one […]
B Capital Group Wave Global Falcon Edge Capital Tiger Global Backed Jupiter

India's Classplus raises $70 million to help teachers and creators expand their reach – TechCrunch

At a time when so many edtech firms in India are attempting to cut their reliance on teachers, a Noida-based startup that is helping teachers and creators operate, manage and sell courses to students has raised $70 million in a new financing round. That startup, Classplus, is now valued at $570 million. Alpha Wave Global […]
Republic Of Navrozd Udwadia Mukul Rustagi Wave Global Tiger Global Dhabi Based Chimera Ventures

India's Moglix valued at $2.5 billion in new funding – TechCrunch

Moglix has more than doubled its valuation to about $2.5 billion from $1 billion just eight months ago as the Indian industrial business-to-business marketplace aggressively scales its offerings in many parts of the world. Alpha Wave Global (formerly called Falcon Edge Capital), which led the seven-year-old startupโ€™s previous funding, has returned alongside Tiger Global to […]
Uttar Pradesh United Kingdom Rahul Garg Air India Corporate Regulatory Authority Tata Steel

Record number of unicorns and IPOs: Indian startups raised $39B in 2021 – TechCrunch

In late March last year, as the virus started to spread across India, investors began to worry about the impact a potential pandemic could have on their portfolio firms. They exchanged notes, and on April 1, penned a joint open letter to the local startup ecosystem, advising firms to โ€œprepare for the worst.โ€ In the […]
Andreessen Horowitz Navroz Udwadia Ashish Dave Capital Group South Asian Mirae Asset Venture

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