Indian bitcoin company raises $1.5 million from U.S., Indian investors
NEW YORK Unocoin, a Bangalore-based bitcoin startup, has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday.
Pepperfry, an Indian online furniture marketplace, said on Wednesday it had raised 2.1 billion rupees ($31.3 million) from existing investors including Goldman Sachs Group Inc in a new round of funding.
Bertelsmann India Investments, Norwest Venture Partners and Zodius Technology Fund are the other investors who contributed in the funding round, Pepperfry said in a statement.
The company will use the funds to expand its logistics and services network, it said.
($1 = 67.0975 rupees)
(Reporting by Sankalp Phartiyal; Editing by Biju Dwarakanath)
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