Analyst

This company is gonna do amazing things, it feels like everything is right. I hope they kill it.  https://viestories.com/mokobarasecures12mnfundingpeakxvpartners/

Welcome to Indian Startups's Private Community

This company is gonna do amazing things, it feels like everything is right. I hope they kill it. 
https://viestories.com/mokobara-secures-12-mn-funding-peak-xv-partners/

Mokobara raises $12M from Peak XV 🚀

Mokobara raises $12M from Peak XV 🚀- Grapevine

Welcome to News Discussion's Private Community

- M2P Fintech, an API infrastructure platform, is set to raise $80 million in a new funding round led by a new investor, with existing investors like Insight Partners likely to join.
- This funding round comes after two and a half years since the Chennai-based company last raised $56 million at a $650 million valuation.
- The new funds will be used to enhance tech infrastructure and accelerate growth in India and overseas markets.
- M2P Fintech's API enables businesses to offer branded financial services while ensuring regulatory compliance, operating in multiple countries including India, UAE, and Australia.
- The company, backed by Tiger Global, has acquired six companies to date and is expected to be valued at around $880 to $900 million post-money in the new round. 

 Source: Entrackr

M2P Fintech to Raise $80 Million at $900 Million Valuation

Journalist

Congratulations Grapevine team.. Finally, they raised funding from Peak XV Partners.. Time to DM founders for a job 😂

Grapevine Raised Funding 💸💸

Equity Research

This platform is now gonna scale, but isn’t 21% too much? Thoughts pls.

PeakXV holds over 21% of Grapevine

Product Manager

https://entrackr.com/2023/10/exclusive-peak-xv-acquires-over-21-stake-in-grapevine/

Grapevine received funding 🎊

Technical Director

PingSafe was acquired for over $100Mn, while they raised only ~$3Mn in total funding. That's actually quite a crazy outcome!

Software Developer

- E-mobility startup Kazam has secured $8 million in Series A3 funding round led by Vertex Ventures Southeast Asia and India.
- The round also saw participation from Avaana Capital, Alteria Capital, and other notable investors.
- The fresh funds will be used to bolster technology and product teams, enhance platform offerings, and expand market presence.
- Co-founded in 2020, Kazam builds smart and affordable EV charging networks, aiming to digitize the entire e-mobility value chain.
- Kazam's software supports a diverse range of vehicles and has partnered with major companies, facilitating 1 million transactions and integrating over 25,500 EV charging devices in the last 12 months. 

 Source: [Entrackr](https://entrackr.com/2024/08/proptech-startup-truva-raises-3-mn-led-by-stellaris/)

E-mobility Startup Kazam Raises $8 Mn Led by Vertex Ventures

It announced fundrise from peakXV (previously Sequoia).

From what I can deduce, they diluted a bit too much. But, I hope that the founding team makes a good one from this!

Cheers Michael bhai!

Badhai ho grapevine!

Product Owner

PeakXV (sequoia) has a history of firing CEOs and changing leadership when they become an investor.

At least in this case they'll have full support.

PeakXV (sequoia) should by RCB

Farmako raised $1.6M

Growth Manager

- D2C fashion brand **Zouk** is set to raise $10M in a funding round led by **Aavishkaar Capital**.
- The Mumbai-based startup, known for its cruelty-free products, last raised funds over 18 months ago.
- Zouk's products, including laptop bags and wallets, are handmade by in-house artisans using 100% vegan leather.
- The company was valued at around $7M in its last financing round and is expected to be valued at $50M in this round.
- Zouk's revenue for FY23 was Rs 47.41 crore, up from Rs 21.82 crore in FY22.

Source: [Entrackr](https://entrackr.com/2024/10/d2c-fashion-brand-zouk-set-to-raise-10-mn-led-by-aavishkaar-capital/)

Zouk to Secure $10M Funding Led by Aavishkaar Capital

I think in this bear market, to be able to raise like this, says something about how much investors believe in them & the model
https://thearcweb.com/article/zepto-quick-commerce-aadit-palicha-blinkit-swiggy-flipkart-if07YMNjRHiOjmFA

Zepto going from $1B to $3B valuation in just 8-9 months after last announcement.

- Investors are making an unprecedented bet on OpenAI, valuing the company at $150bn.
- Thrive Capital has already invested at least $1bn, with Apple, Nvidia, and Microsoft in talks to join.
- Despite the scale, some top investors like Andreessen Horowitz and Sequoia Capital are sitting out.
- OpenAI's revenues have surged to $3.6bn annually, but it still burns through over $5bn a year.
- The company faces fierce competition from Google and Meta, and must manage its transition from a start-up to a corporate giant. 

 Source: [Financial Times](https://www.ft.com/content/a8f9bd05-0999-415d-af86-c73e79ad5733)

Investors Bet Big on OpenAI's $6bn Funding Round

- Zepto raises $340 million in fresh round led by General Catalyst
- Total fundraise hits $1 billion in two months, valuation reaches $5 billion
- Company plans public market debut in 12-18 months
- Zepto's FY23 revenue jumps 1,335% YoY to Rs 2,024 crore
- Quick commerce market attracts government attention due to potential impact on small retailers 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/zepto-raises-1-billion-in-two-months-closes-340-million-round-led-by-general-catalyst-12810088.html)

Zepto Secures $1 Billion in Funding, Valuation Soars to $5 Billion

- OpenAI, the creator of ChatGPT, has raised $6.6 billion in a funding round led by Thrive Capital, increasing its valuation to $157 billion.
- The funding will be used to expand AI research, increase compute capacity, and develop tools to solve complex problems.
- OpenAI has reportedly spent around $7 billion on model training and $1.5 billion on staffing.
- The company's revenue is projected to reach $100 billion by 2029, but it faces stiff competition from other AI startups.
- OpenAI is considering a shift from nonprofit to for-profit governance to attract more investments.

Source: [Techcrunch](https://techcrunch.com/2024/10/02/openai-raises-6-6b-and-is-now-valued-at-157b/)

OpenAI Secures Record $6.6B Funding, Valuation Soars to $157B

https://www.business-standard.com/companies/news/quick-commerce-firm-zepto-raises-665-mn-in-funding-valued-at-3-6-bn-124062100289_1.html

Zepto raised $665bn at $3.6bn valuation . Mind blowing execution

With a graveyard of troublesome start-ups!

Peak XV to invest in grapevine?

Welcome to Software Engineers's Private Community

What is the interview process of Grapevine?

Grapevine

- DailyObjects, a D2C tech accessories brand, raised over $10 million from 360 One Ventures.
- This funding comes after a 30-month gap for the Gurugram-based company.
- The firm issued 8,118 convertible preference shares to raise $8.6 million.
- Funds will be used for working capital, expansion, and general corporate purposes.
- DailyObjects expanded its ESOP pool, increasing its value to Rs 24.65 crore. 

 Source: [Entrackr](https://entrackr.com/2024/09/exclusive-dailyobjects-raises-8-6-mn-in-new-round/)

DailyObjects Secures $10 Million in New Funding Round

Zepto's massive fundraise

Exceptional growth man 
Cannot say it enough. Two youngsters really came out of nowhere and gave Swiggy, BB, Grofers a run for their money!

Who would have thought.

Mokobara raises $12M from Peak XV 🚀

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