Funding Archives - Pinfaves

Babylon Health Gets $2 Billion Valuation With New Funding That Will Help It Expand In U.S.

August 3, 2019August 3, 2019 Loknath Das2, Babylon, Billion, Expand, Funding, Gets, Health, Help, In, It, New, That, valuation, Will, With

Ali Parsa CEO and cofounder of Babylon Health. BABYLON HEALTH Babylon Health, a U.K.-based startup whose fast growth has been shadowed by concerns about the efficacy of its telemedicine apps, has raised $550 million in Series C funding, elevating the company to unicorn status. Saudi Arabia’s Public Investment Fund (PIF), which invest on behalf of the Saudi Arabian government, led the round that valued the company at $2 billion with a total of $635 million raised. The new capital will enable the company to expand into more markets including the…

[Funding alert] Education financing startup Propelld raises Rs 15 Cr from Stellaris Venture Partners and India Quotient

July 3, 2019July 3, 2019 Loknath Das15, Alert, and, Cr, Education, financing, From, Funding, India, Partners, Propelld, raises, Rs., Startup, Stellaris, venture

Propelld, a Bengaluru-based fintech startup that enables student education loans, on Monday, announced that it has raised Rs 15 crore from Stellaris Venture Partners and India Quotient. Existing investor India Angel Network Fund (IAN Fund) also participated in the round. Other investors in the round include Raghunandan G, founder of Taxiforsure and Ramakant Sharma, founder of Livspace, who participated as members of Stellaris’ Founder Network. Bibhu Prasad Das, Founder, Propelld said, “We are expanding the education credit market by creating tailor-made loan products with inputs from our institute and NBFC partners,…

[Funding Alert] Facebook debuts startup investment in India with Bengaluru-based Meesho

June 14, 2019June 14, 2019 Loknath DasAlert, Bengaluru-based, debuts, Facebook, Funding, In, India, investment, Startup, With

Meesho, a Bengaluru-based social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook. This is Facebook’s first investment in an India-based startup, and is a strong demonstration of the company’s commitment to the country’s vibrant internet ecosystem, the Silicon Valley company said in a statement. Founded by IIT Delhi alumni Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho has created an alternate distribution channel by empowering housewives, young mothers, aspiring entrepreneurs, students, and teachers, to launch, build and promote their online businesses…

As GOP Tarries On Health Bill, Funding For Children’s Health Languishes

May 22, 2017 Loknath DasAs, Bill:, children's, for, Funding, GOP, Health, Languishes, On, Tarries

The federal CHIP program funds health care for almost 9 million children. Terry Vine/Blend Images/Getty Images Back in January, Republicans boasted they would deliver a “repeal and replace” bill for the Affordable Care Act to President Donald Trump’s desk by the end of the month. In the interim, that bravado has faded as their efforts stalled and they found out how complicated undoing a major law can be. With summer just around the corner, and most of official Washington swept up in scandals surrounding Trump, the health overhaul delays are…

BSE To auction funding Limits For Rs 4,046-Crore authorities Bonds

June 6, 2016 Srijita4046-Crore, auction, Authorities, Bonds, BSE, for, Funding, Limits, Rs., to

New Delhi: leading stock alternate BSE will on Monday public sale funding limits for remote places buyers for the purchase of government debt securities really worth Rs 4,046 crore. The public sale will be conducted on BSE’s ‘e-bidxchange’ platform from three:30 p.m. to 5:30 p.m., after the close of market hours. The debt auction quota offers foreign places traders the proper to make investments in the debt, as much as the restrict purchased. “stay bidding consultation for allocation of debt investment limits for FII (overseas institutional buyers)/FPI (overseas portfolio traders)/sub…

India Funding Roundup: An Online Legal Services Provider, Loan Marketplace, and More

April 16, 2016 Srijitaan, and, Funding, India, Legal, Loan, Marketplace, More, Online, Provider, Roundup:, Services

Our latest funding roundup compiles seed stage investments in Indian subscription based grocery delivery startups, legal services providers, loan application portals, and proximity marketing firms. Deal4Loans Noida-based Deal4Loans, a loan information and application portal that provides information on personal, home, car and business loans, and credit cards from different banks has raised an undisclosed amount of funding from international investors, including Ram Shriram, Neeraj Arora, Samir Sood, and Puru Vashishtha. Founded in 2009, the company has reportedly booked over Rs. 10,000 crores in loans through seven million customers. LegalRaasta Online…