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Page 9

PhonePe closes $700m round

Flipkart’s digital payment spinout has secured the $350m second close led by Walmart and backed by Tencent and Tiger Global, valuing it in the range of $5.5bn to $5.7bn.

Aug 19, 2021

Nuvemshop snags $500m

Qualcomm Ventures helped the e-commerce platform provider raise a series E round which took its overall funding to over $620m.

Aug 18, 2021

Chime hits $25bn valuation in $750m round

SoftBank helped the digital financial services provider raise a series G round led by Sequoia Capital, reaching a post-money valuation of $25bn.

Aug 17, 2021

Carta darts to $500m series G

Goldman Sachs-backed Carta used its own equity funding management software to set the $6.9bn pre-money valuation at which it raised the cash.

Aug 16, 2021

Reddit revs up $700m series F

Fidelity has provided the first $410m for a round set to value the Tencent-backed social media platform developer at $10bn post-money.

Aug 13, 2021

Eruditus graduates to $650m round

The executive education provider's latest round was co-led by SoftBank Vision Fund 2, while Bertelsmann was among the sellers in a secondary investment portion.

Aug 12, 2021

SoftBank helps send $1.5bn to Trendyol

The diversified e-commerce platform was valued at $16.5bn in a round co-led by SoftBank Vision Fund 2, following $350m from Alibaba in March.

Aug 10, 2021

Analysis: GoPuff puffs up $1bn

SoftBank’s Vision Fund returned to back the e-commerce business in a $1bn round. Our data suggest upward pressure on valuations in this space as well.

Aug 9, 2021

SVolt recharges with $1.58bn series B

Only five months after closing a $541m series A round, SVolt has closed a $1.58bn series B backed by investors including Xiaomi and Sany.

Aug 2, 2021

GoPuff drafts investors for $1bn round

SoftBank’s Vision Fund returned for the $1bn funding round that valued the personal services platform operator at $15bn.

Aug 2, 2021
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