Razorpay is reportedly eyeing the possibility of acquiring Amex-backed Ezetap while Sayata and Spectrum Labs were among the companies that received corporate backing.
Funding
Equity crowdfunding platform operator OurCrowd took part in a $35m extension of a series A round for US-based insurance brokerage marketplace Sayata, after it had raised $17m in August 2021. The extension was co-led by Pitango Growth and Hanaco Ventures and also featured Team8 Capital, Vertex Ventures and Elron Ventures.
Chipmaker Intel’s corporate venturing unit Intel Capital led a $32m series B round for Spectrum Labs, a US-based provider of artificial intelligence-backed software that detects and shuts down toxic exchanges in online communities. Insurance provider Munich Re’s subsidiary Munich Re Ventures and equity crowdfunding platform operator OurCrowd also took part along with Gaingels, Wing Venture Capital, Greycroft, Ridge Ventures, Super{set}, Global Founders Capital and private investor Harris Barton.
Bijak, an India-based agricultural product marketplace, secured $19.4m in series B funding led by media company Bertelsmann, VCCircle has reported. Sequoia Capital India also took part through its Surge Ventures programme,…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
