The funds will be used to help PDG strengthen its position as a pan-Asian data centre operator by expanding its presence in Japan, India, Singapore, China, and Indonesia, as well as speeding up its plans to expand into new countries.
PDG has a portfolio of 20 data centres in five countries with a total capacity of over 600 MW. To fulfil the growing demand for scalable internet infrastructure and data centre services, the company serves hyperscalers, internet and cloud companies, and financial institutions.
Quadria Capital and Lightrock India led a $125 million Series C investment deal for health-tech startup MediBuddy.
According to the company, Bessemer Venture Partners, India Life Sciences Fund III, Rebright Partners, Jafco Asia, TeamFund LP, FinSight Ventures, InnoVen Capital, Stride Ventures, and Alteria Capital were among the existing investors in the round, according to the company.
MediBuddy raised $40 million in its Series B round from investors including India Life Sciences Fund III, TeamFund LP, and others between 2020 and early 2021.
The latest money will be used to increase customer awareness, hire more people, and expand technology platforms such as data science capabilities, clinical research, and product development, according to the company.
The latest money will be used to increase customer awareness, hire more people, and expand technology platforms such as data science capabilities, clinical research, and product development, according to the company.
Niyo has secured a $100 million round of funding sponsored by Accel and Lightrock.
Niyo, a neobanking platform, has raised $100 million from Accel and Lightrock India as part of a fresh fundraising round.
Niyo, a neobanking platform, has raised $100 million from Accel and Lightrock India as part of a fresh fundraising round.
Beams Fintech Fund was also a participant in the round. This round included existing investors, Prime Venture Partners and JS Capital.
The latest financing will be used by the digital healthcare platform to invest in customer service. The revenues from the current round will be used to create new lending and insurance products, according to the company. It also plans to use the funds to expand its brand, make inorganic acquisitions, and strengthen its workforce.
Hasura, a software business that provides tools to developers, has raised $100 million in a new round of funding headed by Greenoaks Capital. Existing investors, Nexus Venture Partners, Lightspeed Venture Partners, and Vertex Ventures, also participated in the round.
Hasura is now valued at $1 billion, making it the tenth startup in India to achieve unicorn status this year.
It joins edtech company Lead School, direct-to-consumer (D2C) brand Mamaearth, analytics platform Fractal, social commerce platform Dealshare, and HR tech company Darwinbox.
The cash will be used to expedite research and development and extend go-to-market activities for the company’s flagship GraphQL Engine, which is situated in San Francisco and Bengaluru. The company has raised a total of $136.5 million in equity, including the newest investment.
Facilio, a property operations software platform, has raised $35 million in a fundraising round led by Dragoneer Investment Group, with Brookfield Growth and current investors Accel India and Tiger Global Management also participating.
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