Lightbox

Online gaming platform Rooter raises $16 mn in funding led by Lightbox

Online gaming and esports content platform Rooter has raised USD 16 million (about Rs 131 crore) in a growth round led by Lightbox, the company said on Thursday. The funding round also saw participation from Trifecta Capital, Pivot Ventures, Baldota Family Office, Global Play Media, Denlow Private Trust, Venture Catalysts and Potential Ventures. "Rooter has raised USD 16 million (Rs 131 crore) in a growth round led by Lightbox," the company said in a statement. The round, which was a combination of debt and equity, also witnessed participation from existing investors Duane Park Ventures, LeAD Sports & Health Tech Partners, ADvantage VC, Goal Ventures, Capital A and Astarc Ventures. "The company will be utilising the funds to strengthen its technology capabilities, sharpen its product bouquet and further enhance user experience on its platform. It will also be pursuing market expansion and cross-border growth opportunities, including potential strategic acquisitions," the statement

Rooter raises $25 million from Lightbox, March Gaming and others

According to a report issued by RedSeer and Lumikai, India is expected to be home to 700 million gamers by 2025

Google, Lightbox, others invest $40 mn in e-comm, delivery startup Dunzo

Dunzo witnessed a robust growth amid the Coronavirus (Covid-19) pandemic and is now a $100 million annualised GMV value business

Symphony Asia, Lightbox lead $12.5 mn round in jewellery start-up Melorra

The firm has been bringing in global fashion trends into lightweight gold jewellery and launching 75 designs every week with 80% of collection below Rs 35,000

Jewellery e-comm firm Melorra raises $12 mn series C from Lightbox, others

The company had earlier raised $12 million from Lightbox, which bring its total fund-raise to date to $24 million

Dunzo raises over Rs 319 cr in fresh funding from Lightbox, Google, others

Local delivery marketplace Dunzo on Friday said it has raised USD 45 million (over Rs 319 crore) in a fresh funding round from Lightbox, Google, 3L Capital, and STIC Investment & STIC Ventures. The funding values the company at USD 180-200 million. Dunzo has raised a total of USD 81 million. "Dunzo will deploy the funds to establish itself as the logistics layer for India, picking up and dropping almost anything and everything a consumer could want to buy and ship while integrating merchants and delivery partners on the platform," a statement said. This round of investment stems from Dunzo's 40X growth in the last 18 months and a business model that focuses on unit profitability, it said, adding that the Bengaluru-headquartered firm is clocking in more than 2 million deliveries month on month. "Over the last year, we have built a model that understands Indian cities deeply and empowers offline commerce to deliver to consumers instantly. We believe in giving local merchants a ...

Venture capital firm Lightbox invests $4 mn in female wellness startup Nua

The firm works on an innovative direct-to-consumer model where women are able to customise sanitary pad boxes based on their individual needs