Accel Partners backs Power2SME

Power2SME has received INR 42 crores in Series C funding. The investors were Accel Partners, Kalaari Capital and Inventus Capital. Headquartered in Gurgaon, India, Power2SME helps small to medium-sized businesses obtain the best pricing from vendors.

Poshmark Raises $12M From Menlo, Mayfield, Inventus & SoftTech

Poshmark said it raised $12 million in a Series B financing led by Menlo Ventures and joined by existing investors Mayfield Fund, Inventus Capital, SoftTechVC, and SV Angel. The new round brings the company’s funding to $15.5 million. Poshmark will use the capital to support its online community, expand to new platforms and make new hires.

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