Games24x7 raises $75 million funding at $2.5 billion valuation
Games24x7 plans to use the funds raised to accelerate its user growth, content development, and technological capabilities.
LambdaTest raises $45 million in funding led by Premji Invest
LambdaTest allows web developers to test their websites and apps on over 3,000 different combinations of browsers (and their different versions), operating system environments and devices.
Classplus raises $70 million led by Alpha Wave Global, Tiger Global
The financing round valued the Noida-based startup at close to $600 million, more than double its previous valuation when it had raised $65 million Series C funding in June 2021
Spacetech startup Pixxel bags $25 million funding led by Radical Ventures
Pixxel plans to use the funds raised to accelerate the production of a constellation of satellites that can provide world's highest resolution hyperspectral satellite imaging of the earth
Ola Electric backs Israel-based battery tech startup StoreDot
Ola will have exclusive rights to manufacture batteries integrating StoreDot's fast-charge technology that claims to charge a battery from 0 to 100% in about 5 minutes
Rs 2,000 in co-founder's home, no unaccounted cash, assets at any location: What Income Tax sleuths found after a 3-day raid on Infra.Market
The department is also learned to have conducted similar searches on the offices and residences of another B2B unicorn, Zetwerk, within a day of its searches at Infra.Market
Amagi enters India's unicorn club with $95 million funding from Accel, others
Amagi enables content owners to launch, distribute and monetise live linear channels on free-ad-supported television and video services platforms through a suite of solutions.
Nazara Technologies commits Rs 30 crore to Griffin Gaming Partners' second VC fund
Griffin Gaming Partners had recently raised $750 million in its second fund, bringing the total assets under management to over $1 billion across its two funds.
100ms raises $20 million led by Alpha Wave Incubation
Live video-conferencing infrastructure platform 100ms said it would use the funds raised to help developers build and deploy enterprise-class video applications within a few hours.
Loco raises $42 million funding led by Korean crypto investment firm Hashed
Game streaming startup Loco said this investment would accelerate its streaming technology and content initiatives as it aims to build a social experience platform for the virtual world.
Audio content platform Kuku FM bags $19.5 million funding led by PUBG maker Krafton
According to the startup, the funds raised will be used to broaden its language offerings and consolidate content creation.
Carl Pei's Nothing bags $70 million funding to expand to new products
Nothing's first product - a pair of wireless earphones called Ear (1) - was released in August last year. The company claims to have shipped over 400,000 units until now.
Live tutoring startup Filo raises $23 million Series A funding led by Anthos Capital
Filo helps students connect to tutors for one-on-one live video sessions to clear concepts, solve problems, and prepare for examinations.
Audio-streaming startup Pocket FM bags $65 million Series C funding
Pocket FM plans to expand to new languages, scale its community of audio content creators and help them monetise on the platform.
Mobile Premier League buys Germany's GameDuell for foray into Europe, mobile free-to-play gaming
Founded in 2003, GameDuell offers more than 40 casual online skill games including community card and board games in seven languages
Moneycontrol Masterclass | $200 billion revenue, 5 million direct jobs: Decoding the Indian IT supercycle
The IT industry has grown to be the largest private-sector employer, with a $200-billion revenue and 5 million direct jobs. With the industry growing at 11-14 percent, the sector revenue is projected to reach $350 billion by FY2026. So what does this mean for employment and hiring? What skills are in demand? Will the same pace of hiring continue for the next few years? What a star panel of experts decodes this live on this edition of Moneycontrol Masterclass. Tune in live and ask your questions to Dr. Ritu Anand of TCS, Hitesh Oberoi of Info Edge, Abhimanyu Saxena of Scaler Academy & Sriram Rajagopal of Diamondpick.
Device management platform Servify buys 247around
247around specialises in at-home service of home appliances, consumer electronics and white goods.
Government bans SEA Group's Garena, but what about Shopee?
A local traders’ body is fuming over the government's "miss" at a time when the Tencent-backed firm has made more headlines for protests against it rather than its business metrics
Scrut Automation bags $3 million funding from Lightspeed and Endiya Partners
The startup plans to use funds raised to expand operations in the United States, European Union, and Asia and improve its automation capabilities.
Economic Survey 2022: More than 100 startups working in India's space sector
In June 2020, the government opened up the space sector enabling the participation of private firms in the entire gamut of space activities.
CRED expands ESOP pool size to $500 million
Startups are increasingly announcing ESOP buybacks to retain and hire top talent amid an intensely competitive market.
IndiGG bags $6 million from Sequoia India, Lightspeed, Animoca Brands, and others
IndiGG is being built in association with Polygon to create a Play-to-Earn gaming hub within India.
Nazara Technologies to buy 55% stake in ad-tech firm Datawrkz
Datawrkz is an advertising technology firm that offers programmatic advertising and ad monetisation solutions to publishers, agencies and brands
nCore Games bags $10 million from Galaxy Interactive, Animoca Brands and others for a Web3 push
The mobile games and interactive entertainment startup said the funds will be used to provide the studios additional financial support to create a metaverse that will run across titles
