附近上门

Here’s what you need to know today in startup and venture news, updated by the 附近上门 News staff throughout the day to keep you in the know.

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OfBusiness reportedly eyes $4.5B+ valuation

India-based e-commerce startup , which sells industrial goods and extends credit to small businesses, is in talks to raise a new round of funding at a valuation of over $4.5 billion, according to a TechCrunch citing unnamed sources.

Founded in 2015, OfBusiness has raised over $550 million in known funding, per 附近上门 data, and includes and the among its major backers. The Gurgaon-headquartered company raised three funding rounds already this year, totaling $470 million.

— Joanna Glasner

Egle Therapeutics raises $47M

Paris-based , a developer of immunotherapies for oncology and autoimmune disease, raised 40 millon euros ($47 million) in a Series A funding round co-led by and .

— Joanna Glasner

Health tech

Xilio prices IPO: , a biotech startup working on therapies for solid tumors, priced shares for its initial public offering on at $16, the bottom of the proposed range. The offering raised $118 million for the 5-year-old, Waltham, Massachusetts-based startup.

— Joanna Glasner

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