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.
Google’s new mentorship project will focus primarily on startup products that demonstrate expertise in AI and machine learning.
Kinnevik, which holds an 18% stake in Quikr, said the fair value of its holding was marked at $159.29 million for the year ended December 2017.
The current funding from Amazon is part of Capital Float’s Series C round in August 2017 when it raised $45 million.