STV co-led a $54m extension lifting BNPL service Tabby's series B round to $104m while online seafood marketplace Captain Fresh doubled its valuation to $500m in a $50m series C.
Funding
India-based buy now, pay later (BNPL) service Tabby increased its series B round to $104m today with a $54m extension co-led by STV, the venture capital firm anchored by telecommunications firm Saudi Telecom. The second tranche was co-led with Sequoia Capital India and also backed by Arbor Ventures, Mubadala Investment Capital and Global Founders Capital (GFC). The first $50m came from STV, holding company Almajdouie’s Raed Ventures vehicle, online food delivery service Delivery Hero, GFC, Arbor Ventures, Mubadala…
