Archive News

01/11/2023

FreshBus has raised INR 7.5 Cr in seed funding round from a host of angel investors

FreshBus, providing inter-city electric bus service that aims to improve the Indian bus journey experience, has raised INR 7.5 Cr in seed funding round from a host of angel investors including Kunal Shah, Sudarshan Venu and Deepak Garg.
01/11/2023

Kaabil Finance has raised USD 3 Million in pre-Series A funding round led by 2point2 Capital.

Kaabil Finance, an RBI-registered non-banking financial company that operates in the MSME financing space offering small ticket, has raised USD 3 Million in pre-Series A funding round led by 2point2 Capital, along with participation from a clutch of undisclosed high-net-worth individuals.
31/10/2023

MamaEarth parent has raised USD 92 Million in pre IPO round

Honasa Consumer Ltd, the parent firm of D2C brands such as Mamaearth, The Derma Co, and BBlunt, has raises USD 92 from Million Smallcap World Fund Inc, Fidelity International, Abu Dhabi Investment Authority, Government Pension Fund Global, Caisse De Depot ET Placement, FSSA India Subcontinent Fund, Carmignac Portfolio, Goldman Sachs, […]
31/10/2023

Vridhi Home Finance has raised INR 150 Cr led by Elevation Capital.

Vridhi Home Finance, a tech-enabled brick and mortar housing finance company aims to create a channel for secured housing loans, serving salaried and self-employed individuals in tier II and III cities across India, has raised INR 150 Ct in a Series A round led by Elevation Capital.
31/10/2023

Infurnia Technologies raises USD 1.2 Million led by Yogesh Choudary.

Infurnia offering, a cloud-based platform for professionals to design buildings, interiors, and modular kitchens also allowing designers to register and start using the software from anywhere, raises USD 1.2 Million led by Yogesh Choudary of Jaipur Rugs.
31/10/2023

Sugar.fit has raised USD 11 Million in Series A led by MassMutual Ventures.

Health-tech startup Sugar.fit, offering a complete diabetes care program by integrating a variety of devices such as continuous glucose monitors, fitness trackers and other health diagnostics and providing easy access to diabetes specialists and health coaches, has raised USD 11 Million in its Series A funding round led by MassMutual […]
31/10/2023

Java Capital announces final close of INR 50 Cr fund

Java Capital, a deep tech venture capital fund, investing in pre-seed/seed stage fund which plans to build a portfolio of 15-20 startups in deep tech, climate tech, and B2B has announced the final close of INR 50 Cr fund. The fund saw participation from established founders from the Indian startup […]
30/10/2023

FunStop Games has raised USD 1.5 Million in Seed Funding round led by InfoEdge Ventures.

Funstop Games, a mobile game developer and publisher with a keen focus on superlative game design and engaging game mechanics and aims to produce smashing hit games, has raised USD 1.5 Million in seed funding round led by InfoEdge Ventures
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 […]
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