Indian startups raise a record $3.9 billion so far in 2019

Deal-making has also broadened, across companies and sectors, moving away from a few large companies such as Ola, Paytm and Flipkart The data defines venture capital investments as seed, or very early investments, to Series F deals in companies Startups in India have raised a record $3.9 billion from venture capitalists in the six months ended 30 June, as the…

Exclusive: Wells Fargo-Favored Mortgage Master Blend Raises $130 Million

Blend has raised $130 million in new venture capital funding. The cash injection likely puts the San Francisco-based fintech startup within striking distance of “unicorn” status, meaning a private valuation of $1 billion or more. The terms of the deal, including the latest valuation, were not disclosed. A source close to the deal told Fortune, however, that the latest round…

Coatue may lead $120 mn funding in Faasos parent

New York-based technology hedge fund Coatue Management is in talks to lead a $120 million funding round in Mumbai-based Rebel Foods, best known for its Faasos brand of cloud kitchens, said three people aware of the matter on the condition of anonymity. A potential deal would mark Coatue’s second investment in India. The company, founded by Philippe Laffont, invested a…