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startup funding

Union Cabinet gives nod to Rs 1,000 crore VC fund for space startups

Union Cabinet gives nod to Rs 1,000 crore VC fund for space startups

Thu, Oct 24, 2024

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the establishment of a venture capital (VC) fund of Rs 1,000 crore for space-focused startups.

EV mobility platform ZEVO and AI startup Nayan Tech raise funding

EV mobility platform ZEVO and AI startup Nayan Tech raise funding

Mon, Oct 07, 2024

Founded by Jayant Ratti, Nayan Tech aims to revolutionise how cities manage their urban infrastructure. Through the integration of AI, computer vision, and IoT devices, Nayan’s solutions provide real-time insights for urban planners, city administrators, and businesses.

SaaS startup NowPurchase raises $6 million in funding round

SaaS startup NowPurchase raises $6 million in funding round

Thu, Sep 19, 2024

The SaaS marketplace, which focuses on metal manufacturers, has raised the fund in a mix of debt and equity with a major portion of the fund coming from equity investments.

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Nivara Home Finance raises USD 10 million from Baring Private Equity India

Nivara Home Finance raises USD 10 million from Baring Private Equity India

Thu, Apr 04, 2024

The ticket size for Nivara's housing loans generally range between Rs 5 lakh to Rs 7.5 lakh, in a relatively underserved segment since most affordable housing finance peers cater to a ticket size of Rs 9 to 10 lakh or higher.

Namdev Finvest secures USD 19 million funding in pre series-C round

Namdev Finvest secures USD 19 million funding in pre series-C round

Wed, Apr 03, 2024

The company focuses on delivering financial solutions to underserved populations with low formal incomes and limited credit history. Its portfolio features tailored business loans for Micro, Small, and Medium Enterprises (MSMEs), along with innovative Green Finance options such as e-mobility and solar loans.

Cross-border real estate investments platform Marrfa secures pre-seed funding

Cross-border real estate investments platform Marrfa secures pre-seed funding

Fri, Mar 01, 2024

Founded by serial entrepreneur Jamil Ahmed, Marrfa is working to democratize access to high-yield real estate investment opportunities worldwide, specifically targeting the challenges within the $270 billion unstructured cross-border real estate market.

Ghost Kitchens India secures USD 5 million in Series A funding

Ghost Kitchens India secures USD 5 million in Series A funding

Fri, Feb 23, 2024

Ghost Kitchens informed that the fund raised from this round will be utilized to scale business operations and foray into retail stores of its existing hero brands and new celebrity brands.

Startup Groyyo secures $5.4 million funding from Lighthouse Canton, Trifecta Capital

Startup Groyyo secures $5.4 million funding from Lighthouse Canton, Trifecta Capital

Thu, Jan 18, 2024

Earlier in 2022, Groyyo had secured USD 40 million in a debt-equity combination in its Series A funding round led by Tiger Global, with participation from institutional investors and some individuals.

Mensa Brands raises $40 million in growth capital from EvolutionX

Mensa Brands raises $40 million in growth capital from EvolutionX

Thu, Oct 05, 2023

Mensa Brands, a popular digital House of Brands, has secured $40 million in growth capital from EvolutionX Debt Capital through a combination of debt facility and convertible investment.

AI-powered astrology startup Melooha gets angel funding led by US-based Streak Ventures

AI-powered astrology startup Melooha gets angel funding led by US-based Streak Ventures

Fri, Sep 15, 2023

Founded by Vikram Labhe and Bhalchandra Patil, Melooha provides personalised guidance based on an individual's unique birth details, including their specific date, place, and time of birth.

Mental health tech platform LISSUN gets $1.3 million seed funding; Point Ventures, Rainmatter Capital emerge its lead investors

Mental health tech platform LISSUN gets $1.3 million seed funding; Point Ventures, Rainmatter Capital emerge its lead investors

Mon, Sep 04, 2023

LISSUN plans to use the fund to enhance its technology and product offerings, expand services, and cultivate meaningful partnerships with healthcare institutions and other organisations.

Hiring platform Unstop raises $5 million from Japanese firm Mynavi and others

Hiring platform Unstop raises $5 million from Japanese firm Mynavi and others

Wed, Aug 02, 2023

In the round, Coursera, one of the largest online learning platforms in the world with operations in India; Venture Catalysts, 9Unicorns, and Pankaj Bansal, through his fund Caret Capital, also participated.

AdCount Technologies raises $2.5 million led by Venture Catalysts and Artesi

AdCount Technologies raises $2.5 million led by Venture Catalysts and Artesi

Wed, Jul 12, 2023

The other investors who participated in the round, include Sattva Family Office, WFC, LetsVenture, Soonicorn Ventures, Cogniphy, SucSEED Indovation, SOSV, and the DSP family office

EV startup Oben raises Rs 40 crore in extended pre-Series A round

EV startup Oben raises Rs 40 crore in extended pre-Series A round

Tue, Jun 27, 2023

EV startup Oben Electric on Tuesday said it has raised Rs 40 crore in an extended pre-series A round and also announced it will start delivering its electric motorcycle Rorr to customers in Bengaluru from next month.

AI-based startup helping India's manufacturing prowess raises $4.2 million

AI-based startup helping India's manufacturing prowess raises $4.2 million

Mon, Apr 17, 2023

Bangalore-based SwitchOn helps manufacturing companies detect their products' faults through AI-powered visual inspection technologies. It automates quality inspection that accelerates quality assurance procedures, eradicating faults in production. The company was started in 2017.

Magenta Mobility raises $22 million from bp, Morgan Stanley India Infra

Magenta Mobility raises $22 million from bp, Morgan Stanley India Infra

Wed, Apr 05, 2023

The fresh capital infusion takes the total fund raised by the company to Rs 275 crore, with as much as Rs 95 crore mopped up in various rounds earlier including from Indian-American philanthropist and serial entrepreneur Kiran Patel.

B2B apparel startup Zyod, tech startup Dozer raise funding

B2B apparel startup Zyod, tech startup Dozer raise funding

Tue, Apr 04, 2023

Zyod has received $3.5 million in seed funding led by Lightspeed Venture Partners while Dozer's $3 million seed round was led by Surge.

PhonePe receives $200 million in additional funding from Walmart

PhonePe receives $200 million in additional funding from Walmart

Fri, Mar 17, 2023

PhonePe expects to raise further funding which will be announced in due course. The company has received $350 million from General Atlantic and $100 million from Tiger Global Management, Ribbit Capital and TVS Capital since January 2023.

Housing IPRs overseas, funding, talent among reasons for startups moving out of India

Housing IPRs overseas, funding, talent among reasons for startups moving out of India

Sun, Oct 16, 2022

Recently, Union Finance Minister Nirmala Sitharaman said the government can talk to the Indian startups and address their concerns so that they can stay in the country rather than moving out.

Startup funding declines 40% to $6.8 billion in first quarter of FY23 amid geo-political instability, reveals PwC report

Startup funding declines 40% to $6.8 billion in first quarter of FY23 amid geo-political instability, reveals PwC report

Sun, Jul 10, 2022

Geo-political instability appears to be taking a toll on the Indian startups with the total funding declining by 40 per cent to USD 6.8 billion in the April-June quarter, reveals a PwC India report.

Money Guru: How many benefits of Startup in Tax?, Know Expert's opinion

Money Guru: How many benefits of Startup in Tax?, Know Expert's opinion

Fri, Feb 18, 2022

If you want to earn money in startup, but do not know where the money will come from, then know the opinion of experts in Money Guru.

Spinny raises USD 283 million in Series E funding round

Spinny raises USD 283 million in Series E funding round

Tue, Dec 07, 2021

Online pre-owned car selling platform Spinny on Tuesday said it has raised USD 283 million in Series E round of funding from a mix of both new and existing investors, giving it a valuation of USD 1.8 billion.

Edutech startup Lernern secures $1 million from Elea, others

Edutech startup Lernern secures $1 million from Elea, others

Tue, Dec 07, 2021

Lernern, an edutech startup providing apprenticeship, upskilling and further education opportunities to bluecollar workers, has raised USD 1 million in seed funding.

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