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.
Indian Edutech Startup Doubtnut Raises $31M Led By SIG, Lupa Systems Gurugram-based K-12 edtech startup Doubtnut said it has raised Rs224 crore in a Series B funding round from SIG and Lupa Systems. Existing investors Sequoia Capital India, Omidyar Network India, and Waterbridge Ventures also participated in the round.
Singaporean Plant-based Meat Firm Bags $10M Seed Money From Temasek, And Others Singapore-based Next Gen recently bagged US$10 million in seed funding from investors that include Singapore’s sovereign wealth fund Temasek, K3 Ventures, the VC arm of the Singapore Economic Development Board (EDB), NX Food, FEBE Ventures, and Blue Horizon, among others.
Chinese Diagnostics Firm WuXi Diagnostics Raises $150M In Series B Round Chinese integrated diagnostics developer WuXi Diagnostics has raised $150 million in a Series B round of financing to advance its R&D pipeline and open-access innovation enabling platform, as the firm seeks to accelerate its market penetration in the global diagnostics sector.