Cashify raises $15 million for its second-hand mobile phone company in India

Cashify raises $15 million for its second-hand mobile phone company in India

Tens of millions of individuals each year purchase a second-hand mobile phone in India, the world’s second-largest market. Phone makers and huge online sellers such as Amazon and Flipkart understand it, however it’s excessive of a trouble for them to inspect, resell and fix used phones. But these firms likewise know that clients [ …] A startup that is helping these firms tackle this challenge said on Thursday it has raised $15 million in a new financing round. Cashify states it’s the market leader in its classification in India. The start-up likewise works with leading e-commerce companies in India– Amazon, Flipkart and Paytm Shopping Center. The companies use Cashify’s trading and exchange software application, and also rely on the startup for liquidation of gadgets. …

After 200% ARR development in 2020, CourseKey raises $9M to digitize trade schools

After 200% ARR development in 2020, CourseKey raises $9M to digitize trade schools

When the COVID-19 pandemic hit and required universities to go virtual, numerous were rushing to develop online or blended curriculums. That struggle was especially challenging for trade schools, a lot of which were not created to teach online and were primarily paper-driven. CourseKey, a San Diego-based trade school management SaaS start-up, was in a distinct […] , a San Diego-based trade school management SaaS startup, was in a special position. “So many schools had to adopt a digital toolbox. For Sophinos and Kannah, founding CourseKey was more than simply a service opportunity. CourseKey has an outstanding list of supporters beyond SignalFire and Builders. …

Clari earnings forecasting platform snags $150M investment and triples appraisal to $1.6 B

Clari earnings forecasting platform snags $150M investment and triples appraisal to $1.6 B

Clari, the profits operations platform that helps companies predict revenue outcomes, announced $150 million Series E today on a $1.6 billion appraisal, a number that more than triples its 2019 Series D valuation of $500 million. Silver Lake led the most recent financial investment with participation from B Capital Group and existing investors Sequoia Capital, Bain Capital […] Silver Lake led the newest financial investment with involvement from B Capital Group and existing financiers Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital. While Byrne didn’t want to discuss profits specifics, he did point out that he beat the earnings plan he sent to his board by 110%. Clari has mostly focused on technology companies with clients like HPE, Workday and Adobe, but it has strategies to broaden beyond that vertical. The company is up 300 staff members with strategies to double that number by the end of 2021. …

Yugabyte announces $48M Series C as cloud native database makes business push

Yugabyte announces $48M Series C as cloud native database makes business push

As need for cloud native applications is growing, Yugabyte, makers of the cloud native, open source YugabyteDB database are seeing a corresponding rise in demand for their products, particularly with big enterprise clients. Today, the company revealed a$48 million Series C financing round to help build on that momentum. Lightspeed Venture Partners led the […]
, makers of the cloud native, open source YugabyteDB database are seeing a corresponding increase in demand for their products, especially with large enterprise customers. Former Essential president Bill Cook came on board as CEO at the exact same time they were announcing their last funding round in June and brought some business chops to the table. It was his task to figure out how to expand the market chance with larger high-value business clients. There is a totally handled cloud version called Yugabyte Cloud, and lastly there is a self-managed cloud version of the database called Yugabyte Platform. …

Deliverr ratings $170M to bring fast delivery to every e-commerce vendor

Deliverr ratings $170M to bring fast delivery to every e-commerce vendor

At a time when e-commerce is blowing up due in large part to the pandemic, a service that helps any online merchant ship goods to a customer in a couple of days is going to remain in need. Deliverr is a startup that fits that costs, and today the business announced a $170 million financing round. […] Deliverr co-founder and CEO Michael Krakaris states it has been a quick increase, but that his business requires a lot of capital. It leases out space, and part of the challenge of structure this business is developing relationships with those warehouses and working out a company plan, one that is still progressing as the business grows. “A year ago, I would have said we usually wanted to be 5-10% of a warehouse’s business. There are cases now where we are 100% of these warehouses’ companies. …

Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

A number of the startups raising capital in Mexico are concentrated on financial inclusion, intending to level the playing field in a nation that is mostly unbanked and has a blossoming middle class. One such company, minu, a Mexico City-based, pay-on-demand startup, announced Wednesday that it has raised $14 million in a Series A round of […] Minu intends to fix the worker liquidity space in between paychecks in an effort to help individuals see decreased monetary tension and avoid pricey loans. Today, minu has over 100 big business clients including TotalPlay, Telefonica, Scotiabank, OfficeMax, Rappi, Adecco, Workforce, Cap Gemini, and public sector customers such as the Electoral Institute of the State of Mexico. Looking ahead, minu states it will use its fresh capital to improve its headcount of 60 as well as broadening its offering to consist of monetary education, cost savings, clever invest and insurance items. Fintechs in Mexico have been busy. …

Dooly closes on $20M for AI-based tools to assist salespeople with their busywork

Dooly closes on $20M for AI-based tools to assist salespeople with their busywork

Robotic procedure automation has actually taken the business world by storm by offering a set of tools for those doing recurring, volume-based jobs to use software to eliminate some of that labor to let those people focus on more complex tasks. Today a startup that’s taken a few of that values and is using it to more […] “Really they’ve just produced a mountain of virtual filing cabinets,” Kris Hartvigsen, Dooly’s creator and CEO, stated in an emailed interview with me. The challenge that Dooly has actually been developed to resolve is that while there are a lot of tools out there now to help salesmen source leads, handle the progress of their sales, offer them guidance and other helpful material to supplement their beauty and the basic strength of a product, manage customers once they have actually signed on, and so on, all of them still need something crucial to work: a time commitment from salesmen to keep them upgraded with details. Even more paradoxically, one of the big daddies of the problem– the somewhat obese Salesforce– has published figures (pointed out by Dooly) that state salesmen invest simply 34% of their time offering.”The first thing we discovered when we satisfied the Dooly group was the thoughtful design-first technique to item that engendered lots of client love.”Dooly is relentlessly focused on developing a user-first experience for its clients to perfectly create workflows and unlock new profits opportunities,” stated Lee Fixel, creator of Addition, added….

Retail Zipline raises $30M as it assists sellers adjust to the pandemic

Retail Zipline raises $30M as it assists sellers adjust to the pandemic

When I initially blogged about Retail Zipline in 2019, the startup was focused on developing a communication platform that would assist business decision-makers in retail communicate with private shops. As you ‘d most likely think, the start-up saw some changes in 2020. “When COVID first struck, you may think a company that’s mostly concentrated on retail would […] “When COVID first struck, you might believe a company that’s mostly focused on retail would be in problem,” said co-founder and CTO Jeremy Baker. Today, Retail Zipline is revealing that it has actually raised $30 million in Series B financing. We believe retail to be just the beginning for Zipline as we envision the item appealing to lots of Developed World markets. …

West Tenth’s app motivates ladies to begin home based business, not sign up with MLMs

West Tenth’s app motivates ladies to begin home based business, not sign up with MLMs

A new digital market called West Tenth, now backed by $1.5 million in seed financing, wishes to give females a platform to start and grow their home-based services. Through its mobile app, females can promote their organization to others in the local neighborhood, then field queries and demands through the app’s integrated messaging platform, as […] , now backed by $1.5 million in seed funding, wants to give females a platform to begin and grow their home-based services., the objective is to motivate this sort of entrepreneurship– and more broadly, to help ladies comprehend that the many of the talents they have actually developed at house are, in truth, potential companies. The company notes that the app isn’t always closed to men, but the present market for U.S. house services prefers females as they’re more frequently the partner who picks to leave work to raise kids., women accounted for nearly 56% of labor force exits since the start of the pandemic, despite making up simply 48% of the labor force. …

Instacart raises $265M at a $39B appraisal

Instacart raises $265M at a $39B appraisal

On-demand grocery delivery platform Instacart has actually raised a $265 million financing ground from existing financiers, including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners and others. The new financing, which, like its past few rounds, isn’t appointed a Series alphabetical classification, presses the company’s evaluation to $39 billion — — more than double its $17.7 billion assessment […] Last year, Instacart revealed three different raises, including a $225 round in June, followed by a $100 million round in July. You’ll hear direct how some of the most effective creators and VCs construct their organizations, raise money and manage their portfolios. …