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Ace Turtle Secures Usd 34 Million In Series B Funding To Lead Indian Retail Sector's Next Phase

May 05, 2023

Amount Raised

$34 Million

Round Type

Series B

BengaluruInformation TechnologyFinancial ServicesFinanceRetail

Investors

SBI Investment Co., Ltd.Inno Ven CapitalVertex Southeast Asia & IndiaTrifecta CapitalTuscan VenturesStride VenturesLesing NineFargloryVertex Growth

Description

ace turtle, new India's leading technology-native retail company spearheading the retail industry's next phase of transformation, today announced that it has raised USD 34 million as part of its Series B funding. The fundraise demonstrated significant interest from existing and new investors. The Series B round was led by new investors Vertex Growth, SBI Investment Co. Ltd., Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures and Trifecta Capital

Quick answer

ace turtle raised $34 Million in a Series B round, dated May 5, 2023. Investors: SBI Investment Co., Ltd., Inno Ven Capital, Vertex Southeast Asia & India, Trifecta Capital, Tuscan Ventures, Stride Ventures, Lesing Nine and Farglory. ace turtle is based in Bengaluru, Karnataka, India.

How much did ace turtle raise?
ace turtle raised $34 Million in a Series B round on May 5, 2023.
Who invested in ace turtle?
SBI Investment Co., Ltd., Inno Ven Capital, Vertex Southeast Asia & India, Trifecta Capital, Tuscan Ventures, Stride Ventures, Lesing Nine and Farglory are named as investors in this round.
What does ace turtle do?
ace turtle, new India's leading tech-native retail company is spearheading the retail industry’s next phase of transformation.
Where is ace turtle based and how big is it?
ace turtle is based in Bengaluru, Karnataka, India. Fundz records about 237 employees.
Who are the decision-makers at ace turtle?
Fundz holds 1 contact at ace turtle. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as ace turtle that raised within 45 days of this round, from Fundz verified event records.

  • Vartana raised $20M on May 31, 2023.
  • Pagaya Technologies raised $75M on May 24, 2023.
  • Leap Technologies raised $5.2M on May 23, 2023.
  • Unlimited raised $8M (Series A) on May 23, 2023.
  • Jia raised $4.3M (Seed) on May 17, 2023.
  • Streamex Corp. raised $3.7M (Seed) on May 16, 2023.

Who to call at ace turtle, and when

A new round usually means ace turtle is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ace turtle raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ace turtle, from your own LinkedIn network

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Company Information

Company

ace turtle

Location

Bengaluru, Karnataka, India

About

ace turtle, new India's leading tech-native retail company is spearheading the retail industry’s next phase of transformation. The company is vertically integrated from design, local manufacturing and marketing to reach consumers directly. ace turtle is powered by its proprietary technology which uses data science from design to fulfilment to meet ever-evolving consumer expectations.

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Fundz sees it the moment ace turtle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

ace turtle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.