News > Tekion, ShopUp, Dukaan raise funds this week
Tekion, ShopUp, Dukaan raise funds this week
23/10/2020 10:46 PM | Click to read full article
Automotive retail software provider Tekion Corp raised $140 million at a $1 billion valuation from investors led by private equity firm Advent International. ShopUp, a Bangladesh-based B2B platform for neighbourhood shops, picked up $22.5 million in funding, marking the largest Series A round in the country.
The round was co-led by Sequoia Capital India and Flourish Ventures, with additional participation through VEON Ventures, Speedinvest, and Lonsdale Capital.