Archive News

30/10/2023

CureFoods acquires Yumlane Pizza

Cloud kitchen company CureFoods has acquired foodtech startup Yumlane, a proprietary technology stack for pizza and forayed into cloud kitchen brand. The acquisition will allow Yumlane to use CureFoods’ reach to augment its proprietory pizza technology.
30/10/2023

Lenskart Acquires AI based computer vision startup TangoEye

Lenskart acquires AI-based computer vision startup TangoEye, helps retail stores improve efficiency, increase sales and security by converting video data into actionable insights. With this acquisition, Lenskart plans to use visual artificial intelligence technology to improve store experience as well as its product experience.
30/10/2023

Spacetech startup Skyroot Aerospace has raises INR 225 Cr in pre-Series C round led by Temasek

Hyderabad-based Skyroot, an Indian spacetech startup, has raised INR 225 Cr in the pre-Series C funding round led by Temasek. Skyroot will use the funds to accelerate its commercial satellite launches, fuel technological innovation, attract top-tier talent, and enhance its launch frequency and capabilities.
30/10/2023

Aerospace Components Maker Aequs raises USD 54 Million led by Amansa Capital

Aerospace components manufacturer Aequs operates a precision manufacturing platform specializing in forging, sheet metal fabrication, aero-structure assemblies, and special processing for the aerospace and allied industries, has raises USD 54 Million led by Amansa Capital. The Round also saw participation from Steadview Capital, Catamaran, Soarta Group and the investment office […]
27/10/2023

Qdesq has raised an Undisclosed amount from Gruhas

Qdesq is providing coworking spaces, private offices, and on-demand workspace like meeting rooms, virtual offices and day passes also having an enterprise SaaS platform aims to modernize and digitize businesses and workspaces through features such as QR-based visitor tracking, meeting room management and a complaint resolution system has raised an […]
26/10/2023

Aditya Birla Fashion’s TMRW Invests In The Indian Garage Co

TMRW, a wholly owned venture of Aditya Birla Fashion and Retail Ltd, has invested USD 18.6 Million in casual fashion brand The Indian Garage Co (TIGC), TMRW, a wholly owned venture of Aditya Birla Fashion and Retail Ltd, has invested $18.6 million (Rs 155 crore) in casual fashion brand The […]
26/10/2023

Urban Matrix has raised INR 6 Cr in a pre-Series A funding round from Inflection Point Ventures.

Urban Matrix, manufactures industrial drones and software used in drones for a variety of use cases including survey, surveillance, agriculture, AI-aided inspection, and defence, has raised INR 6 Cr in a pre-Series A funding round from Inflection Point Ventures.
26/10/2023

Datoms, has raised USD 1.2 Million in a pre-Series A funding round from YourNest Venture Capital.

Datoms, help human-capital heavy sectors, such as construction, warehousing, agriculture, mining, and ports, to achieve efficiency and automate various processes related to asset maintenance and activity planning, has raised USD 1.2 Million in a pre-Series A funding round from YourNest Venture Capital.
26/10/2023

Manastu Space has raised USD 3 Million in a pre-Series A funding round led by Indian Angel Network

Manastu Space, provides complete propulsion systems to satellite manufacturers including fuel, engine, tank and accessories to satellite manufacturers, has raised USD 3 Million in a pre-Series A funding round led by Indian Angel Network. The round also saw participation from angel investors like KRS Jamwal, executive director of Tata Industries, […]
25/10/2023

MS Dhoni-backed drone startup Garuda Aerospace raises USD 3 Million

Drone startup Garuda Aerospace, a drone-as-a-service (DaaS) startup that designs, manufactures and customizes drones for various use cases, has raised USD 3 Million in a bridge round led by Venture Catalysts and WeFounderCircle. The funding round witnessed participation from Hems Angels, San Angels, Peaceful Progress Funds, and several angel investors.
25/10/2023

Blubirch raises USD 6.37 Million in Series A round

Blubirch, a SaaS and AI-based automation-driven reverse supply chain management platform, has raised USD 6.37 Million in a Series A round led by Cornerstone Ventures and Capital2B Fund.
25/10/2023

Proost Beer closes pre-Series A round at USD 3 Million

Delhi-based Proost Beer, offering a premium quality beer with a smooth taste, has closed its pre-Series A funding round after raising USD 3 Million in through a mix of equity and debt. The investment is backed by existing and new investors including Chimes Group, Dev Punj, The Chennai Angels, Finvolve, […]
25/10/2023

Wow! Momo bags USD 9 Million from ValueQuest

Quick service restaurant chain Wow! Momo, a chain of fast food restaurants, operates three QSR brands—Wow Momo, Wow China and Wow Chicken, has raised USD 9 Million as a part of Series D round from ValueQuest Capital.
25/10/2023

India, Africa-Focused Husk Power Raises USD 103 Million In Debt, Equity Funding

Husk Power Systems, an India- and Africa-focused renewable energy company that supplies electricity to rural areas through minigrids, has raised USD 103 Million in equity and debt funding. The company has secured USD 43 Million in a Series D round from new investors STOA Infra & Energy, the US International […]
25/10/2023

Footwear brand Inc.5 Shoes has raised USD 10 Million in a Series A funding round led by Carpediem Capital

Footwear brand Inc.5 Shoes, a footwear brand with around 70 exclusive brand outlets and 200 shop-in-shops across the country, has raised USD 10 Million in a Series A funding round led by mid-market private equity firm Carpediem Capital. The round also saw participation from Param Capital, among others.
23/10/2023

GigaML raised USD3.6 Million in seed round led by Nexus

GigaML, a platform allows businesses to deploy Large language models such as GPT-4 directly on their own servers and further continue pre-training and fine-tuning it to meet their specific needs, has raised USD 3.6 Million in seed led by Nexus Venture Partners along with the participation from Y Combinator and […]
20/10/2023

Niyo has raised undisclosed funds from Spring Marketing Capital.

Travel banking fintech platform Niyo provides global banking for international travelers in partnership with DCB Bank, Equitas Small Finance Bank, and State Bank of Mauritius. Currently, having 4 Million customer base raised strategic funds from Spring Marketing Capital.
19/10/2023

Singularity Ventures announces first close of Fund II at INR 500 Cr

Asset management firm Singularity Ventures AMC has announced the first close of its second fund at INR 500 Cr having a total corpus of Rs 1,500 crore. The firm is targeting investments of Rs 75 crore to Rs 175 crore in around 14-16 startups. Led by Madhusudan Kela, Singularity focusses […]
19/10/2023

Mestastop raises INR 4.16 Cr in pre-series A funding round from 92 angles and Malpani Ventures

Mestastop a platform creating a cancer metastasis platform, that uses wet lab biology and predictive analytics to identify and distinguish unique properties of metastasis and use them for drug discovery and patient treatment raises INR 4.16 Cr in pre-series round from 92 angels and Malpani Ventures.
19/10/2023

Smarter Dharma raises INR 4.16 Cr in Seed funding round from Rainmatter Capital among others

Smarter Dharma is a sustainability resource planning platform for real estate. It generates business intelligence by combining data analytics and machine learning algorithms which take into consideration – resource availability challenges, consumption predictors and local solutions raises INR 4.16 Cr in Seed funding round from Rainmatter Capital, Gruhas Proptech and […]
19/10/2023

Welcome Cure raises INR 4.16 Cr in pre-series funding round by IPV

Welcome Cure a fully integrated homeopathy technology company that offers assisted intelligence (AI)-based solutions for doctors also serving patients across the globe with holistic care solutions via its telemedicine platform raises INR 4.16 Cr in pre-series funding round by IPV.
19/10/2023

HiWi raises INR 7.25 Cr in pre-seed funding round by Unicron India Ventures and Unmaj Group Family Office

HiWi is a platform that serves as a centralized and integrated solution for students studying abroad, offering a suite of financial services. This includes a mobile application for students to transfer funds, open foreign bank accounts, access financing options, manage card expenditures and accrue loyalty points, while ensuring compliance with […]
19/10/2023

BharatAgri closed its Series A funding round at USD 4.3 Million led by Arkam Ventures

BharatAgri offering paid subscriptions to its scientific agriculture advisory product to farmers. Its e-commerce platform offers around 10000 agricultural products such as fertilisers, seeds, pesticides, insecticides, farming equipment, among others and is delivered pan-India raises USD 4.3 Million led by Arkam Ventures. Capria Ventures India Quotient, 021 Capital, Omnivore also […]
19/10/2023

Showroom B2B has raised USD 6.5 Million in a pre-Series A funding round led by Jungle Ventures.

Showroom B2B caters to small retailers and wholesalers in tier II cities in India offering an efficient solution for sourcing, procurement, and distribution has raised USD 6.5 Million in a pre-Series A funding round led by Jungle Ventures. The round also saw participation from Accion Venture Lab, Saison Capital, and […]
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