Onecode raises $13 million, Games 24x7 raises $75 million

SaaS Weekly Funding Roundup for the week of 4th April 2022.
Onecode raises $13 million, Games 24x7 raises $75 million

Onecode has raised $13 million in Series A

Bengaluru based fintech startup Onecode has raised $13 million in a round led by General Catalyst. Other participants were Sequoia Capital India’s Surge, Nexus Venture Partners and Waterbridge Ventures. In July 2021, the firm raised $5 million.

Games 24x7 raises $75 million in a venture round

Games 24x7, the company that operates RummyCircle and My11Circle has raised $75 million in a round led by Malabar Investment. The round saw participation from existing investors Tiger Group and Raine Group. Post funding, the company became the most valuable multi-game platform in India, with a valuation of $2.5 billion.

Pine Labs raises $50 million in equity round

Merchant commerce platform Pine Labs has raised $50 million in a round led by Vitruvian Partners, putting its total funding at $1.2 billion. The round also included a $15 million ESOP buyback before its US IPO. Post funding, the firm was estimated to have a valuation of a little over $5 billion.

Finova Capital raises $65 million

Jaipur based Finova Capital has raised $65 million in a Series D round led by Norwest Venture Partners and saw participation from Maj Invest and Faering Capital. In 2020, the firm raised $35 million in a round led by Sequoia Capital, and its total funding stands at $141 million.

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