Qualcomm Ventures, Lingotto Joins Ultraviolette’s Series D Round

Electric two-wheeler startup Ultraviolette Automotive Pvt Ltd has raised additional funding from Qualcomm Ventures and Lingotto (formerly Exor Capital) to expand the Series D round. The undisclosed amount of investment is part of an ongoing Series D round of funding that valued the company at USD 300 Million.

Sequoia, Y Combinator Back RedBrick AI

RedBrick AI, a healthtech platform has raised USD 4.6 Million in a seed funding round led by Sequoia India and Southeast Asia’s Surge with participation from Y Combinator

Battery Startup Clean Electric Raises Funding To Set Up A Manufacturing Facility

Battery startup Clean Electric has raised USD 2.2 Million in its seed funding round led by Kalaari Capital. Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation also participated in the funding round. The startup will use the fresh funds for developing new products for faster charging, renewable […]

AUM Ventures Sets Up VC Fund For Indian Startups

Venture capital firm AUM Ventures has launched its maiden VC fund for Indian startups. With this fund, AUM aims to bring its Indian portfolio companies to the UAE and further help them set up their regional base at ADGM. It will also invest in nascent sectors that have gained investors’ […]

Bira 91 Raises USD 70 Million From Kirin Holdings

Indian beer startup Bira 91 has raised USD 70 Million from the Japanese beverage conglomerate Kirin Holdings. Kirin has increased its stake in the beer startup from below 10% to nearly 20%.

Climate Angels Invests In Clean Electric

Angel investment syndication platform for pollution reduction and climate tech startups Climate Angels has invested in Clean Electric, an energy storage solutions startup, and helped it raise USD 2.2 Million in a seed round led by Kalaari Capital. The round also saw participation from LV Fund, 7Square Ventures, and CIIE […]

Sixth Sense Ventures Backs ProcMart In A Series A Round

Business-to-business (B2B) marketplace ProcMart raised USD 10 Million in a Series A round from Sixth Sense Ventures LLP, the sole participant in the round. The company plans to deploy these funds to expand its international operations, strengthen vendor partnerships, and upgrade the firm’s technological and warehousing capabilities

D2C Startup NirogStreet Bags USD 12 Million Funding To Strengthen Supply Chain, Product Offerings

D2C ayurvedic startup NirogStreet has secured USD 12 Million in Series B funding round led by Jungle Ventures. Spiral Ventures, ICMG Co-Creation Fund, family office of investor Anthony Weldon and angel investors DoorDash’s Gokul Rajaram and SMBC’s Rajeev Kannan also have participated in the round

VuNet Raises Fresh Series A Funding

Analytics company VuNet-Funding has raised USD 5 Million in Series A funding round led by Mela Ventures and Athera Venture Partners, formerly Inventus India. The round also saw participation from Dallas Venture Capital and TVS Capital Funds

BharatX To Invest USD 15 Million In Ecosystem Over 18 Months

Startup accelerator BharatX will invest USD 15 Million over the next 18 months in the Indian startup ecosystem. BharatX will also facilitate access to leading corporations along with a dialogue with policymakers


Chargeup, a battery swapping network for electric two- and three-wheelers, has raised USD 7 Million in a pre-Series A1 round led by Capital-A and Anicut Capital along with other investors such as Ekta Kapoor, Sunil Kalra, and Sachin Mehra. The fresh funding will be used in expanding its services to […]


Unified user research platform Betafi raised USD 1.3 Million in pre-seed funding led by Together Fund, Entrepreneur First, and Titan Capital, along with the participation of Nir Eyal and founders from companies like Razorpay, Pine Labs, Snapdeal, Livspace, and others. Betafi is a moderated user research platform that makes it […]

Buyofuel Raises Pre-Series A Funding From IPV, Others

Online alternate fuel marketplace Buyofuel has raised over INR 11.5 Crore in a pre-series A round led by Inflection Point Ventures (IPV). The round also saw participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech. The startup has the largest supply base of quality-assured biofuels and fuel consumers, […]

South Korean KB Investment Invests In Elev8 Venture

South Korea’s financial services provider KB Group will be investing around USD 100 Million in former Kae Capital partner Navin Honagudi-led Elev8 Venture Partners through its subsidiary, KB Investment. KB Group has also joined hands with Elev8 as an anchor investor and Co-GP.

Niranjan Hiranandani, Shradha Sharma Back Goodfellows In Seed Round

Niranjan Hiranandani and YourStory’s founder Shradha Sharma invested an undisclosed sum of seed funding in Goodfellows, a senior companionship platform providing companionship to the elderly in their day-to-day activities. With the fundraise, the Ratan Tata-backed startup plans to strengthen its operations in Mumbai, expand services to new cities like Pune, […]

Eruditus Founder Ashwin Damera Backs Sportstech Platform KheloMore

Sportstech startup KheloMore has raised an undisclosed amount of funding from Damera Ventures, a family office of Eruditus’ founder Ashwin Damera and his spouse Bhagyashree Damera. It claims to have onboarded more than 5000 customers that use its pay and play sports avenues

ReadyAssist has raised USD 5 Million from Howen International Fund SPC

Bengaluru-based roadside assistance startup ReadyAssist has raised USD 5 Million from Howen International Fund SPC as a part of its ongoing pre-Series A funding round. The company will use the fresh funds to further boost its service network to bring in speed and availability through technology across India.

Insight Partners, Georgian Back Contentstack In Series C Round

Content experience platform Contentstack on Tuesday secured USD 80 Million in a series C funding round co-led by existing investors Insight Partners and Toronto-based Georgian Partners. The round also saw participation from Illuminate Ventures.

Simplilearn Raises USD 45 Million In A Series E Round

Simplilearn Solutions which provides a training destination for professional certification courses raised USD 45 Million in a Series E funding round, from a consortium led by GSV Ventures. The round also saw participation from Clal Insurance, and DisruptAD, ADQ’s venture platform

Healthtech Platform BeatO Snags USD 33 Million In Series B Round

Diabetes management platform BeatO has raised USD 33 Million in its Series B round of funding led by impact investor Lightrock India. The digital care platform also saw participation from its existing investors including healthcare focussed investor HealthQuad and e-commerce major Flipkart’s VC arm, Flipkart Ventures among others

SphitiCap Makes Third Bet From Maiden Fund

Sector-agnostic early-stage fund SphitiCap has invested USD 9 Million in Noida-based electric mobility firm Corrit Electric as a part of its Series A funding, marking the third bet from its maiden fund. The startup plans to use the fresh funds to further its vision of onboarding 1.50 lakh e-bikes over […]

Mirchi Parent ENIL Picks Up Minority Stake In Spardha

Private frequency modulation brand Radio Mirchi has bought a minority stake in online music platform Spardha. It is its first external investment with an aim to deepen strategic bets and build shareholder value and also scale up Mirchi as a mobile-first entertainment brand

Instant Food Brand Yu Snags Fresh Series A Funding

Yu, an instant food brand secured Series A funding of USD 2.4 Million in a mix of equity and debt. The round was led by independent investor and stock market trader Ashish Kacholia, with existing investors, Asian Paints’ promoter group Manish Choksi and Varun Vakil. Yu will deploy the fresh […]

Agritech Startup WayCool Backs Logistics Startup AllFresh

Agritech startup WayCool has invested in supply chain management startup AllFresh. The investment is part of Waycool’s strategy to create a Keiretsu in the global food supply chain. Keiretsu refers to building a business network, which is inclusive of diverse companies including manufacturers, supply chain partners, distributors, and financial institutions, […]