India Dealbook: Lightspeed leads $20m round for MagicPin; ShoeKonnect, CashRich raise funds

Discovery and rewards platform MagicPin has raised about $20 million in a funding round led by Lightspeed Venture Partners US while Info Edge (India) Ltd has invested about Rs 3 crore in B2B footwear marketplace ShoeKonnect. Separately, CashRich has raised $1 million (Rs 7 crore) in angel funding from three UK-based individuals.