Funding

GlowRoad raises $2 Mn in Series A funding from Accel Partners

A woman-centric C2C reseller network, GlowRoad today said it has raised $2 million in series A funding from Accel Partners. The startup will use raised funds for acquiring more resellers and developing its technology platform,

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Funding

IFC Invests $10 million in B2B marketplace Power2SME

International Finance Corporation (IFC), a member of the World Bank Group has invested $10 million in Gurgaon-based B2B marketplacePower2SME that helps SME’s buy raw materials at bulk prices and get working capital without collateral. In addition to the investment, IFC will also

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Startups

Narvar acquires logistics startup GoPigeon to expand in APAC region

The US-based enterprise SaaS platform, Narvar has acquired Indian logistics startup GoPigeon to expand in APAC region. The deal value remains undisclosed. However, Investment firm Nexus, who had led a $1.5-million pre-series round in GoPigeon, will become a

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Funding

Hotel franchise FabHotels gets $25M in Series B financing led by Goldman Sachs

Technology-driven budget hotel franchise, FabHotels has raised $25 million in a Series B financing led by Goldman Sachs Investment Partners to further accelerate the nationwide expansion. The existing investor Accel Partners has also participated in

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Startups

Cloud-based enterprise software firm Freshworks acquires chatbot startup Joe Hukum

Freshworks, a cloud-based business software firm has acquired Gurgaon-based Joe Hukum, a platform that helps businesses build their own chatbots. Joe Hukum had announced the acquisition on its website however, the deal amount remains undisclosed.

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