Sectors

The e-commerce firm is reportedly investing in online grocery service BigBasket as part of a $60m round at a valuation of up to $1.3bn.

The Salesforce-backed, crowd-focused cybersecurity services provider has now raised $80m altogether, VC firm Rally Ventures leading its latest round.

On-demand delivery services marketplace Porter has attracted $18.2m from Lightstone Global Fund, coming after Mahindra & Mahindra invested $10m two years ago.

Corporates Recruit and Alphabet have backed the series C round of Podium, which reportedly valued the customer engagement platform at about $1.5bn. This is one of the most notable deals in the digital marketing and adtech space, which has seen consistent corporate-backed deal flow in the past decade.

Legend Holdings contributed to a $12.6m round that boosted the total raised by the TAL Education-backed online tutoring provider to more than $83m.

The TVS and Max Group-backed cosmetics e-commerce platform has received $13.3m from Steadview despite shutting down during the coronavirus pandemic.

Visa and MassMutual Ventures Southeast Asia were among the participants in a round that lifted cross-border financial services company Neat's overall funding to $16m.

The online lending platform raised $23.5m for the first close of a series C round that was co-led by BRI Ventures and MUFG Innovation Partners.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Maxburg Capital Partners paid an undisclosed amount for retail analytics provider Metoda, whose exiting investors included Tengelmann vehicle TEV.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.