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.

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