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.
The new funding round also saw participation from Girish Mathrubootham-led Freshworks, also one of Fyle’s enterprise clients
SAIF partners, Accel and Catamaran Ventures also participated in the current round.
The company operates as an online marketplace, which connects resellers directly with raw material suppliers.
It will invest $2 million in startups that it mentors. It plans to conduct one cohort every year with 8 startups.
ClearTax plans to use TOOTL’s technology to curate personalized tax, finance and compliance related content on its website.
Existing investors SAIF Partners, Bessemer Venture Partners and RB investments also participated in the round.
Loadshare will use the fresh funding to strengthen its core leadership team, expand into new geographies, and to scale its technology base
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