Existing investors SAIF Partners, Y Combinator and Venture Highway also participated in the latest funding round. Meesho has so far raised a total of $15 million.
The fund aims to invest up to $150 million in projects built by startups, companies and individuals over the next few years.
The startup will use the fresh capital to enhance its credit underwriting algorithm, expand to new markets, and develop its technology base. With the current round of funding, the total equity capital raised by CoinTribe stands at $15 million.
Events High, which has over 1.5 million unique visitors on its website, will leverage Treebo’s reach across 75 cities for further expansion.
The fresh infusion takes Acko’s total equity funding to about $42 million.
The initiative received an initial pledge of $12.5 million from the Bill and Melinda Gates Foundation, the Michael and Susan Dell Foundation, and Omidyar Network,
The round was led by its existing investors including Lightspeed Ventures, Future Fund, Khosla Ventures, and General Catalyst. New investor Sapphire Ventures also joined the financing.
Consumer tech startup boAt makes electronic products such as speakers and headphones
The home services startup’s operating revenue grew four times to Rs45 crore in 2017-18 from Rs11 crore in 2016-17
Take a look at eight such startups that are market leaders in their respective businesses and have become investor favourites.