Meesho picked up USD $570 million in a funding round

Meesho gets USD $570 million in a funding round

Business : Indian social commerce unicorn Meesho picked up $570 million in a funding round led by Fidelity Management & Research Co. and B Capital Group.

Meesho gets USD $570 million in a funding round

The Series F round follows a $300 million round in April. Meanwhile, London-based ContractPodAi, a provider of contract management software for legal professionals, announced it raised $115 million in a Series C funding round led by SoftBank Vision Fund 2.

More Updates :

As the chip shortage continues to disrupt different sectors, investors have flooded money into the design and processing of chips at a never-before-seen rate. This rush to invest comes at the same time more tech giants have unveiled plans to design their own chips—something that likely is not a coincidence.

For years, we’ve been tracking the relationship between a tech company’s valuation and the number of people it employs. Consistently, the finding has been that recently public tech companies have gotten much bigger in terms of valuation, but not so much in terms of staff size. Here are our other observations from the most recent data set.

Founders need to recalibrate to the new realities of the VC world and ensure their psychological and physical health aren’t sacrificed under the weight of new money coming in, according to Jonathan Greechan, co-founder of global pre-seed accelerator Founder Institute.

When Netflix announced this week that it acquired Night School Studio, a Los Angeles-area narrative game developer, the deal prompted us to look at other corporate giants like Nike, Tesla and The Home Depot to see where their startup acquisition record stands.

Source : Crunchbase
Next Post Previous Post