Hong Kong based startup analysis and investment advice patform Oddup has raised $6m in Series A funding led by The Times Group. With a research and advisory team formerly from Goldman Sachs, Oddup rates startups on a scale of zero to 100 after evaluating potential risks and delivers startup data and research to investors.
In an email exchange with DEALSTREEETASIA, Oddup co-founder and CEO James Giancotti said the latest round was raised at a valuation of $26 million and that the firm would be looking at a Series B in the coming months. “Oddup is such a fast growing global startup that we decided to back and lead their way into India. We look forward to working towards the success of Oddup in setting up a truly innovative startup rating system for India,” said Sivakumar Sundaram, CEO of Brand Capital, the investment arm of The Times Group. Jackie Lam, COO and co-founder of Oddup, views The Times Group as a ‘key strategic partner’, given that its distribution networks and coverage will be instrumental to the venture’s growth and global presence.