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Published on September 30, 2021

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Ola Electric raises $200 million at $3 billion valuation

September 30, 2021
Ola Electric said on Thursday it has raised over $200 million in a new financing round at a valuation of $3 billion, up from $1 billion two years ago, as it looks to scale its electric vehicle manufacturing business in the South Asian market.Falcon Edge Capital led the financing round, the Bangalore-based startup said. SoftBank also participated in the new round, which hasn’t closed. TechCrunch re

Alloy raises $100M at a $1.35B valuation to help banks and fintechs fight fraud with its API-based platform

September 30, 2021
Alloy, which has built an identity operating system for banks and fintechs, announced Thursday that it has raised $100 million at a $1.35 billion valuation.Lightspeed Venture Partners led the Series C round, which comes just over one year after New York-based Alloy raised $40 million in a Series B financing. Existing backers Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ven