Latest marketplace deals:
Selected this week:
🇮🇳 UpGrad, the Indian online higher education marketplace, has raised a $210M Late VC round to grow its workforce from 4,800 to 7,600 employees over the coming months.
✍🏼 Upgrad's platform holds a 80% program completion rate and receives 40% of revenue from recurring clients - characteristics it believes are key for its new expansion.
🇨🇦 Sheertex, the Canadian e-commerce platform building indestructible pantyhose, raised a $101M round to continue development of its product and manufacturing expansion.
🇫🇷 SantéVet, the French pet insurance e-commerce & marketplace, has raised $50M to invest in digitization of the company. The company will invest in new initiatives and subsidiaries such as Vetolib, for grooming appointment services, and Payvet, to manage payments for veterinarians.
Other promising marketplace deals:
🇺🇸 JetToken, a Las Vegas-based private jet partial ownership marketplace, has raised $40M.
🇺🇸 Finix, a San Francisco based B2B payments marketplace, has raised $30M as the company broadens its product offerings.
Explore 100+ funding rounds of the last week.
Notable exits:
🇺🇸 Signet Jewelers, a leading diamond retailer, has acquired Blue Nile, an online retailer of diamond rings and jewelry for $360M.
🇺🇸 Shift Technologies and Carlotz, both car marketplaces, have entered into a merger to create a leading omnichannel platform for the segment.
Explore 12 exits of the last week.
