India Startup Funding Update, Dec 21

4. Home-grown conversational chatbot firm Haptik has set its sights on the international market (US, UK and the Asia-Pacific region, including Singapore and Australia), reported ET.

5. Uber is entering the trailer leasing business with the launch a new business, called Powerloop, that's affiliated with Uber Freight, which connects truckers with shippers.

6. Capillary Technologies, which offers customer relationship management software and marketing analytics for retailers, raises funding from Warburg Pincus for China expansion

7. IFC, a member of the World Bank Group, on Friday said that it has launched a $1 billion masala bond programme to fund its investment activities in India. Masala bonds are rupee-denominated borrowings issued overseas.

8. One of the largest cryptocurrency exchanges in India–Zebpay, which shut its operation last month, now has moved to Malta, and now will be providing services to residents of about 20 Europian countries including Belgium, Bulgaria, the Czech Republic, Denmark, Finland, France, Germany.

9. Bengaluru-based fashion startup Universal Sportsbiz Pvt. Ltd. (USPL) has raised $13.5 million (Rs 100 crore) in Series E funding round led by existing investor Accel Partners.

10. Digital news platform Asiaville has received angel funding of Rs 15 crore (around $2 million) from a clutch of high net worth individuals and other investors, reported VCCircle.