Orange Health raises $25M from Bertelsmann India Investments, others

Orange Health´╗┐ a diagnostics lab service startup, on Wednesday, said it has raised $25 million in a Series B round led by Bertelsmann India Investments and General Catalyst. Existing investors including Accel, Y Combinator, Good Capital, and Uncorrelated Ventures also participated in the round.

Fintech startup Skeps raises $9.5M Series A investment led by Bertelsmann India

Skeps, a global PoS fintech startup, has raised $9.5 million in Series A funding led by Bertelsmann India Investments. Existing investor Accel also participated in the round.
The startup intends to use the funds to expand the sales, marketing, engineering, and product teams; grow its merchant and lender client base; and broaden services offered to their customers.

BII Announces Follow-On Investment In Shiprocket

Bertelsmann India Investments has participated in a new financing round for Shiprocket that raised $41.3 million. Shiprocket has supported Indian companies with the logistics of their e-commerce business since 2017 and has been able to greatly expand its business during the coronavirus pandemic.