Westbridge Capital
z21 Ventures Raises USD 20 Mn in First Close of Second Fund
Founded in 2022 by a team of IIT Kharagpur alumni—Raj Singh, Abhinav Shashank, Jyotika Gupta, and Sudarshan Ravi Jha—z21 Ventures is dedicated to investing in the pre-seed and seed stages, focusing on key segments such as artificial intelligence, enterprise software, and healthcare.
Physics Wallah Raises USD 210 Mn in Series B, Boosting Valuation to USD 2.8 Bn
With this fresh round of funding, Physics Wallah plans to aggressively scale its operations. It also aims for inorganic expansion, entry into the K-12 segment, enhanced content offerings, and potential mergers with community-driven education platforms.
Way2News Raises USD 14 Mn Series B Round Led by WestBridge Capital to Enhance Regional News Presence
With the fresh proceeds, Way2News will focus on scaling operations, enhancing technology, and expanding its presence in the South Indian market.
Rapido Hits Unicorn Status with USD 1.1 Bn Valuation After USD 200 Mn Series E Funding
The newly raised capital will be utilised to fuel Rapido's expansion across India and further enhance its technological platform, which is aimed at improving service delivery and user experience.
The Best Startup Funding This Week: July 27–Aug 2
Here is a list of the startups that have raised the most money this week, from July 27 to Aug 2.
Rapido Achieves Unicorn Status with USD 120 Mn Series E Round Led by WestBridge Capital
Rapido is the third company to join the unicorn club this year, following fintech Perfios and AI startup Krutrim.
WestBridge Capital Leads USD 14 Mn Funding Round for UptimeAI Expansion
The firm will use the proceeds to scale up its tech platform and expand its product portfolio and presence in North America, the Middle East, and Asia.
Digital Lending Platform Propelld Raises USD 25 Mn Debt for NBFC Arm Edgro
The Bengaluru-based platform aims to deploy the raised money to expand its offerings and market reach.
Telehealth Platforms Truemeds Raises $22 million in a Series B Round of Funding
The company plans to utilize the funds to accelerate growth in the untapped domestic market and expand its coverage across the country