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After seven years in the production of electronic gadgets, under his company Imose Technologies, Osayi Izedonmwen took leave to explore an idea that he had toyed with for some time — an edtech startup, Teesas, which now offers video classes and other digital educational material for learners in...

Brazilian construction tech startup Ambar announced it has raised a large Series C round: R$204 million, approximately $36 million at today’s mid-market rate. The round was co-led by Brazil-based Echo Capital and Oria Capital, with participation from TPG Capital, Argonautic Ventures, and others...

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here.Hello and welcome to Daily Crunch for December 22, 2021! Greg here again. I’ll be handling the newsletter for Alex for this final stretch of the year while he...

Tackle.io, an Idaho-based startup that helps software companies sell through cloud marketplaces such as AWS’s, announced today it has raised a $100 million Series C funding round. Co-led by Coatue and Andreessen Horowitz, the round also counted with participation from Bessemer Venture Partners...

Zepto, a Mumbai-based startup that operates a 10-minute instant grocery delivery service, has more than doubled its valuation to $570 million from $225 million less than two months ago as it expands into newer cities.Y Combinator’s Continuity Fund led the $100 million Series C round in Zepto...

OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small businesses with credit, has secured its fourth financing round this year and is now valued at about $5 billion.Alpha Wave Global, Tiger Global, and SoftBank Vision Fund 2 led the startup’s $325 million...

Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding.The startup told TechCrunch that it will use the funding to enter...

Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product offerings.The Bangalore-headquartered startup, which is a market leader in payments processing in India...

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here.Hiiii and welcome to Daily Crunch for December 17, 2021! As Alex noted in yesterday’s newsletter, I’m handling the daily recap today while he takes a...

Hevo Data, a SaaS startup that is helping firms collate troves of data they generate and accumulate to make better use of them, has raised $30 million in a new financing round following a strong year of growth.Sequoia Capital India led the San Francisco and Bangalore-headquartered startup’s...

ManageXR announced today it has raised a $4 million seed round led by Rally Ventures, with venture partner and previous lead angel investor Jay Borenstein joining the company’s board of directors.With the latest funding, ManageXR will support its expanding team and go-to-market strategy as...

Alitheia IDF (AIF), a women-focused private equity fund in Africa has raised $100 million to invest in gender-diverse businesses across the continent.The fund is looking to bridge the financing gap for women-led or owned businesses in Africa – where women startup founders are less likely to...

French startup La Belle Vie announced that it has raised a $28.2 million (€25 million) Series B round led by Left Lane and Quadrille Capital, with existing investor Capagro also participating. The company operates an online grocery store in the Paris area.Online grocery delivery services and...

Innovaccer has raised a new financing round and more than doubled its valuation to $3.2 billion from $1.3 billion in February this year as a growing number of healthcare organizations move to use the San Francisco-headquartered firm’s platform to put their troves of data to better use.Mubadala...

Israeli SaaS security startup Atmosec today announced having raised a $6 million seed round led by Israeli VC firm Glilot Capital Partners and American fund Battery Ventures. Its team had previously participated in Intel Ignite’s fourth Tel Aviv startup acceleration cohort.Now out of stealth...

Less than a year after raising an $80 million Series C round, Anchorage is announcing that it has raised a $350 million Series D round. With today’s funding round, the company has reached a valuation of more than $3 billion.Anchorage offers a custody solution for big institutions, such as...

Uni, an Indian startup that offers users pay-later cards, has raised $70 million in a financing round as it looks to broaden its product offerings in the South Asian market.General Catalyst led the one-year-old startup’s Series A funding. Eight Roads Ventures, Elevation Capital, Arbor Ventures...

Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening...

Snap announced today that it paid over $250 million to more than 12,000 creators this year on Spotlight, its TikTok clone. Unlike Snapchat’s friend-to-friend, ephemeral messaging, Spotlight allows users to reach a wide audience. Since last year when Spotlight launched, Snap says that creators...

Spatial analysis platform Carto has raised a $61 million Series C round. Many companies collect a ton of data with some location element tied to it. Carto lets you display that data on interactive maps so that you can more easily compare, optimize, balance and take decisions.Insight Partners...