Indian Fintech Firm Razorpay In Talks To Raise Up To $200M From GIC, And Others Fintech startup Razorpay is in talks with its existing investor Singapore’s sovereign investment fund GIC and others to raise US$150 million to US$200 million in a financing round that could see its valuation nearly double to US$2 billion in less than six months.
Bengaluru-Based Fintech Startup Razorpay Turns Unicorn Amidst Pandemic after $100M Series D Funding Led by Sequoia, GIC Razorpay powers payments for over five million businesses, including the likes of Airtel, BookMyShow, Facebook, Ola, Zomato, Swiggy, Cred, and ICICI Prudential among others, and is all set to double this to 10 million by the end of this year.
China’s Online K-12 Tutor Zuoyebang Collects USD 750 Million in Series E Round Chinese edtech firm Zuoyebang completed its Series E fundraising round raking in a total of USD 750 million from a group of investors including Tiger Global, Sequoia Capital China, and SoftBank’s Vision Fund I, as the founder and CEO announced in an internal letter on Monday morning.
Tiger Global leads Series A round in B2B marketplace Infra.Market, a B2B marketplace for real estate and construction materials, has raised $26 million in an equity and debt funding round. The Mumbai-based company raised $20 million in equity capital in the Series A round and the remainder as venture debt.