Funding Friday: IoT & FinTech Are Flavours of the Week
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
1. Internet of things seems to be the flavor of the week. IoT startup DeTect Technologies has raised $3.3 million in Series A funding, led by SAIF Partners.
2. The digital payments startup InstaReM has secured $20 million in its series C funding round, led by MDI Ventures. The funds will reportedly be used for global expansion.
3. CropIn Technology Solutions attracts big fishes for its Series B funding round. The agritech startup has raised $8 million from Chiratae Ventures and the Bill & Melinda Gates Foundation.
4. During the week, Bengaluru-based fintech platform Signzy also raised $3.6 million in Series A funding led by Stellaris Venture Partners and Kalaari Capital.