MARKETS & INVESTING | Staff Reporter, Hong Kong

Oddup gets US$6m Series A funding from The Times Group

Investment is already at US$7m.

The Times Group, India’s largest media conglomerate, led the investment round of Oddup with the existing 500Startups, Click Ventures, and the new investors, Silicon Valley-based Moneta Ventures and White Capital.

Oddup is a data-driven research platform founded in 2015 which provides investment statistics using data and analysis. Widely known as ‘The Startup Rating System’, Oddup gives trends, current and expected future valuations of startups.

The company's vision is to bring insight and transparency across the startup landscape for smart startup investing. Oddup has a rating score from zero to 100, based on analyst view points and the computed algorithm, the Oddup Score.

Talking about the fresh funding, Lam shared that they are very proud to have The Times Group as a key strategic partner of Oddup. “Their distribution networks and coverage will be instrumental to our growth and global presence. This funding allows us to strengthen our research and coverage on a global scale. Our core goal remains the same and that is to help investors better understand the startups they are interested in”, said Jackie Lam, co-founder and COO of Oddup.

Oddup platform offers free sign-up and use, with a subscription charge for premium access to the reports and in-depth analysis. It is currently available on Apple iOS and coming up soon on Android devices.

Oddup API is also available to customers who want to integrate startup data into their existing workflows.

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