India Deal Monitor: Alpha Wave Incubation backs Hippo Video and updates

Hippo Video, a video customer experience (CX) platform, Wednesday announced that it has raised $4.5 million in Series A funding led by Alpha Wave Incubation (AWI), a $300-million venture fund, managed by Falcon Edge Capital, and Exfinity Venture Partners.

Existing investors Sequoia Capital India’s Surge, and KAE Capital also participated in the startup’s financing round.

Hippo Video will use the funds to propel the company to expand its GTM teams as well as ramp up the engineering team, it said in a statement.

“With the increasing role of video in communication and social media, Hippo Video looks to capitalize on video as a key decision influencer and trust driver. Hippo Video drives sales, marketing, and overall customer experience through our REALTM platform. Through personalised videos created by Hippo Video, sales teams can achieve productivity increases of up to 3x,” CEO and founder of Hippo Video, Karthi Mariappan said.

With the latest funds, Hippo Video will also expand its presence to Abu Dhabi and use the Emirate as a strong global base for international expansion while also targeting the GCC, MENA, and other global markets. The startup also plans to build a team of data scientists, product managers, and engineers located in Abu Dhabi.

Hippo Video claims to offer complete solutions across creation, delivery, and measurement of metrics for personalized videos. It also offers technological innovations such as rich online pro-editing, on the fly in-video personalisation at scale, video landing pages, smart webcam, and screen recorder, extensive reporting & analytics, and enterprise grade security.

INDIA DEAL MONITOR

Here are prominent venture capital transactions in India from September 6-September 9 2020.

Expand Table

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)IndustryVerticals
Hippo VideoDelaware4.5 millionSeries AAlpha Wave Incubation, Exfinity Venture PartnersSequoia Capital India’s Surge, KAE CapitalSoftwareSales & Marketing Software
HasuraSan Francisco, Bengaluru25 millionSeries BLightspeed Venture Partners (US)Vertex Ventures US, Nexus Venture Partners, Strive VC, SAP.iO Fund, John ThomsponIT Infrastructure Cloud Computing
ConnectedHGurugram-SeedFirst Cheque, Sprout Investments, PointOne CapitalRohit MA, Ajeet Singh Kushwaha, Ankur Pahwa, Anurag MehrotraHealthcare ServicesHealthTech
Byju'sBengaluru500 million-Silver LakeTiger Global, General Atlantic, Owl VenturesEducation/TrainingEdTech
Cell Propulsion (reported)Bengaluru-Pre-Series AGrowX Ventures, MicelioEndiya PartnersAutomobiles Other Vehicles & PartsElectric/Hybrid Vehicles
BluSmart Mobility Pvt LtdDelhi/NCR7 millionPre-Series AInflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd., JITO Angels, Lets Venture Fund, Kaplavriksh Fund-Transportation ServicesRidesharing/Transport
Deepsync TechnologiesBengaluru300000-Anicut Angel Fund (Anjan Ghosal and Venkat Raju)Ashvin Chadha, Sanjiv Bajaj, Varun Thapar, Pran Mehra, Tushar SinghSoftwareAI and Machine Learning

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.