Investment

12 Oct

Razorpay Raises $100 Million in Series D Funding Round

MediaCatalystInvestment, NewsMatrix Partners, Rabbit Capital, Razorpay, Sequoia India, Tiger Global, Y Combinator

Mumbai, Oct. 12, 2020: Razorpay today announced its Series D fundraise of $100 Million, giving the company more than $1 Billion in valuation. This round was co-led by GIC, Singapore’s sovereign wealth fund and Sequoia India, along with participation from Ribbit Capital, Tiger Global, Y Combinator and Matrix Partners. Razorpay helps businesses modernise their financial infrastructure by providing intelligent automated payment and banking solutions to manage their entire money flow, while they focus more on their strategic functions. The new funding gives Razorpay $206.5 Million in investments since its inception in 2014, That includes its recent raise, a $75 Million…

01 Oct

Israel-based Coralogix Raises $25M in Series B Funding

MediaCatalystInvestment, NewsCoralogix

Mumbai, Oct. 01, 2020: Israel-based Coralogix, provider of leading ML-powered log analytics and monitoring solution, today announced it has raised a $25 million Series B funding round, bringing the company's total amount raised to $41.2 million. New investors such as Red Dot Capital Partners and O.G. Tech VC (backed by Eyal Ofer) co-led the round with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital partners and Roy Oron of O.G. Tech Partners will join the board of directors. Coralogix, today also announced the launch of its real-time analytics solution. The announcement comes on…