Startup news and updates: Daily roundup (September 21, 2021)

Fivetran raises $565M, to acquire HVR

Tech firm Fivetra​n has raised $565 million in funding (about Rs 4,161.8 crore) led by Andreessen Horowitz (a16z). The series D round also saw participation from existing investors - General Catalyst, CEAS Investments, Matrix Partners, and others, along with new investors ICONIQ Capital, D1 Capital Partners and YC Continuity, a statement said.

Aerchain raises $3M from Season Two Ventures and IndiaMart

Aerchain, the Bengaluru-based AI tech startup focused on the procurement segment has raised $3 million in a pre-Series A round co-led by IndiaMart and Season Two Ventures. Founded by BITS Pilani alumni - Harsha Kadimisetty and Himavanth Jasti in 2019, Aerchain, which operates on a SaaS model, will use this capital for product development, market expansion and hiring of talent.

Edtech startup Expertrons raises capital from Kunal Shah and Anant Maheshwari

Mumbai-based AI videobot edtech startup Expertrons has raised an an undisclosed sum from industry veterans Kunal Shah (Founder of CRED) and Anant Maheshwari (President, Microsoft India). The recent round of funding comes close on the heels of Expertrons raising $2.3 million in Pre-Series A funding from a host of marquee investors like Ivycap Ventures, Iceland Venture Studios, LetsVenture, Ah!Ventures, Venture Garage, Auxano, Venture Catalyst and more. 


Edited by Anju Narayanan



Link : https://yourstory.com/2021/09/startup-news-and-updates-daily-roundup-september-21
Author :- Team YS ( )
September 21, 2021 at 12:55PM
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