Hyperlocal solutions startup NextBillion.ai bags $7 Mn from Lightspeed, Falcon Edge
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Hyperlocal solutions provider NextBillion.ai is looking to expand its operations in India and Singapore with a $7 Mn Series A funding round led by Lightspeed India Partners and Falcon Edge Capital. Lightspeed partner Hemant Mohapatra and Falcon Edge Capital’s cofounder Navroz Udwadia will join the company’s board of directors. The company said it would also use the funding to develop products and start R&D in key focus areas.