Bangalore-based nanotechnology startup Log 9 Materials has raised an undisclosed amount in pre-Series A funding from Delhi-based venture capital firm GEMs. Incubated at the TIDES Incubation Centre of IIT Roorkee in November 2015, Log 9 Materials is attempting to create commercial nanotech products/technologies which can either be launched as a business-to-consumer product or licensed out to corporates and generate revenue.
CapAleph Indian Millennium SME Fund and Zephyr Peacock India Fund have invested INR 30 crore in early-stage agri startup Utkal Tubers. Utkal Tubers, a potato seeds company, completed a year of operation in March 2017, producing 1,000 tonnes of potato seeds last year.
Legal Raasta Technologies Pvt Ltd, which provides legal services to small and medium-sized enterprises (SMEs), entrepreneurs and professionals through an online platform, has raised its Series A round of funding from a North India-based growth-stage venture capital firm. The company, which runs its services through legalraasta.com, has raised nearly $5 million (around Rs 32 crore) from Delhi-based VC firm Impanix Capital.