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ROCKETLANE FUNDING ROUND
ETtech Deals Digest: Startups raise $936 million in March so far; down 56% on-yearThe number of deals during the month, however, was down at 94, compared to 237 in the corresponding month last year.- Govt crackdown on underage scrolling; UPI incentives declineHappy Thursday! The government is debating social media restrictions for children in India. This and more in today’s ETtech Morning Dispatc...
- OpenAI taps JioStar exec; Jio's pre-IPO movesJioStar top executive Kiran Mani has resigned from his role and will join OpenAI to lead its Asia Pacific operations. This and more in toda...
- Top startup and tech stories this weekETtech Unwrapped is packed with the most important stories that we covered this week. Here’s a quick recap.
- Goldman Sachs nears $30-50 million MoEngage deal in signs of SaaS deals comebackGoldman Sachs targets $35-50 million in MoEngage via secondary transaction. MoEngage, valued at $700 million in 2022 led by Goldman and B C...
- Hunt on for mule bank accounts; Tata Digital pause on fundingThe government is working with the central bank to catch mule accounts in India’s banking system and prevent fraud. This and more in today’...
- Ecom Express’ rights issue; Google Cloud chief interviewEcom Express is planning a $170 million rights issue led by existing investors. This and more in today’s ETtech Top 5.
- SaaS startup Rocketlane raises $24 million in fundingB2B SaaS startup Rocketlane has raised $24 million in funding led by 8VC, Matrix Partners India and Nexus Venture Partners. The company wil...
- SaaS startup RevenueHero raises $5.1 million in funding from existing investorsThe funds raised will be utilised to scale the business across the North American market and to strengthen the team, a statement said.
- SaaS startup Rocketlane bets on customer onboarding segmentGanesan, who sold his in-app chat business Konotor to Freshworks, launched Rocketlane in the middle of the pandemic. The startup raised $18...
- Govt asked to redefine ‘startup’; Grover and out (for now)In a note to the government, IVCA industry body, has proposed a new definition for startups and a relook at direct overseas listing. Bharat...
- SaaS startup Rocketlane raises $18 million in funding led by 8VCThe funding will be used to expand product offerings, accelerate marketing, and grow the Rocketlane team.
- Draft India e-commerce rules continue to roilIn today's ETtech Morning Dispatch: New India e-commerce rules to hit Swiggy and Zomato, Uber and Ola, and MakeMyTrip and Urban Company; Ti...
- Media moves court over IT rulesIn today’s ETtech Top 5 newsletter: Media association challenges India IT rules in Madras High Court; Why e-tailers are upset over draft e-...
- SaaS startup Rocketlane raises $3 million in seed fundingThe money will be used to expand the business and hire talent
- Plum raises $4.1 million to provide group health insurance to SMEsMany Indian businesses find the insurance purchasing process to be tedious, opaque and costly, with the entire process taking months to set...
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