b capital

Indian online pharmacy startup PharmEasy is planning to raise about $300 million in a new round of funding at a 90% markdown from the previous valuation, two people familiar with…

PharmEasy, once valued at over $5 billion, seeks new funding at a 90% valuation cut

Mojocare investors have found “financial irregularities” at the Indian health and wellness startup and are moving to scale down its operations, they said in a statement Sunday. The move follows…

Investors say they have uncovered financial irregularities at Mojocare

Odeko has operations software for coffee shops to manage inventory, get data insights and order equipment and supplies from over 400 vendors.

B Capital leads Odeko’s $53M Series D to help small coffee shops scale

The real estate and infrastructure sectors contribute about 40% of global carbon emissions, and part of solving the climate crisis is fixing how those industries work. Accacia gives large property…

Accacia tackles the real estate industry’s massive carbon emissions problem

Data engineers have a big problem. Almost every team in their business needs access to analytics and other information that can be gleaned from their data warehouses, but only a…

Analytics operating system Redbird makes data more accessible to non-technical users

Spending on the cloud shows no signs of slowing down. In the first quarter of 2021, corporate cloud services infrastructure investment increased to $41.8 billion, representing 35% year-on-year growth, according…

Zesty lands $75M for tech that adjusts cloud usage to save money

It’s still early days for quantum computing, but we’re currently seeing rapid improvements in the underlying hardware and software foundations for this new computing paradigm. Just like during the early…

EeroQ bets on helium for its quantum chip design

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you…

Formerly rich NFT buyers party through the pain

Insilico Medicine, a Hong Kong-based company that has been using artificial intelligence to discover new drugs since 2014, has completed a fresh round of funding. It’s a sign that certain…

Hong Kong’s AI drug discovery firm Insilico closes $60M Series D

CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding, it said today, as the Indian cryptocurrency exchange looks to aggressively expand…

Indian crypto exchange CoinDCX tops $2 billion valuation in new $135 million funding

TruEra, a startup that offers an AI quality management solution to optimize, explain and monitor machine learning models, today announced that it has raised a $25 million Series B round…

TruEra raises $25M for its AI analytics and monitoring platform

Having held the positions of CFO at digital lenders OnDeck and Better.com, Howard Katzenberg experienced firsthand just what a lack of visibility into company spend could cost an organization. After…

Ex-Better.com CFO raises $10.8M to build Glean AI, or ‘accounts payable with a brain’

Debt marketplace CredAvenue, which helps businesses and enterprises secure debt from lenders, has become the fastest Indian fintech startup to join the unicorn club, it said on Sunday. The two-year-old…

Indian fintech CredAvenue turns unicorn with fresh $137 million funding

Innovaccer has raised a new financing round and more than doubled its valuation to $3.2 billion from $1.3 billion in February this year as a growing number of healthcare organizations…

Innovaccer valued at $3.2 billion in $150 million funding

Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high-profile investors back the Indian social commerce startup that is…

Indian social commerce Meesho raises $570 million at $4.9 billion valuation

Debt is the new equity. As founders run around trying to fend off prying VCs from their cap tables, they are increasingly turning to debt products like revenue-based securities in…

Newly christened Percent wants to make it easier to securitize corporate debt

As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform to help companies source and…

Turing nabs $32M more for an AI-based platform to source and manage engineers remotely

As companies continue to shift more quickly to the cloud, pushed by the pandemic, startups like Armory that work in the cloud-native space are seeing an uptick in interest. Armory…

Armory nabs $40M Series C as commercial biz on top of open-source Spinnaker project takes off

As U.S.-China relations remain tense, Southeast Asia becomes the darling for investors and tech companies from both sides as they seek overseas expansion. Behemoths like Google, Facebook, Alibaba, Tencent and…

This new Southeast Asian fund has its eye on Chinese cross-border firms

By the time Felix Ortiz III left the Army in 2006, the Brooklyn, New York native had spent time taking classes at the City University of New York and St.…

Austin-based EmPath’s employee training and re-skilling service snags seed funding from B Capital

Eduardo Saverin will forever be known for co-founding Facebook 16 years ago with four other Harvard classmates (one of whom is still running the company). But even before leaving in…

Eduardo Saverin on the ‘world of innovation past Silicon Valley’

Yalochat, a five-year-old, Mexico City-based conversational commerce platform that enables customers like Coca-Cola and Walmart to upsell, collect payments and provide better service to their own customers over WhatsApp, Facebook…

Yalochat, a fast-growing conversational commerce startup, lands $15 million led by B Capital

Indonesia is not only Southeast Asia’s most populated country, but also one of the world’s fastest-growing economies. But many people, especially outside of major cities, still lack access to basic…

Payfazz gets $53 million to give more Indonesians access to financial services

Ninja Van, a Singapore-based logistics startup, has secured an additional $279 million in fresh funding as it works to scale its operations to keep up with the surge in e-commerce…

Singapore’s logistics startup Ninja Van raises $279M

B Capital Group, formed in 2015 by Facebook co-founder Eduardo Saverin and Raj Ganguly, formerly of Bain Capital, has been quietly building its business since closing its first fund with…

Catching up with B Capital, the fast-growing firm founded by Eduardo Saverin and Raj Ganguly

Bounce, a Bangalore-based startup that operates more than 20,000 electric and gasoline dockless bikes and scooters in nearly three dozen cities in India, said today it has raised $105 million…

Indian bike rental startup Bounce raises $105M

Bounce, a Bangalore-based startup that offers thousands of electric scooters for rent in India, has raised $72 million to accelerate its bid to impact how people navigate India’s traffic-clogged urban…

India’s Bounce raises $72 million to grow its electric scooters business

Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed…

Vertex Ventures hits $230M first close on new fund for Southeast Asia and India

India’s trucking system has a big inefficiency problem that continues to drag the economy. BlackBuck, one of the handful of logistics startups that is trying to overhaul this system, just…

BlackBuck raises $150 million to digitize freight and logistics across India

Southeast Asia’s startup ecosystem is set to get a massive injection of funds after Jungle Ventures reached a first close of $175 million for its newest fund, TechCrunch has come…

Jungle Ventures hits $175M first close on its third fund for Southeast Asia