Gurugram startup magicpin raises $20 mn, valued over $100 mn

Samast Technologies, parent of Gurugram-based discovery and rewards platform magicpin, has raised $20 million at an estimated valuation of over $100 million. The Series C round was led by Lightspeed Venture Partners US with reported participation from existing investors Lightspeed India Partners and WaterBridge Ventures. Samast Technologies has raised over $30 million till now.