Funding Alert

BPEA Credit Invests ₹250Cr to Back DMW Group Growth Plans

July 25, 2024: BPEA Credit on Thursday announced that it has invested Rs 250 crore in DMW Group to fund its growth initiatives that includes a green shoe option.BPEA Credit’s flexible capital solution backs DMW Group’s growth initiatives by...

Unimech Secures ₹250Cr to Expand Aerospace Operations

July 25, 2024: Unimech Aerospace raised Rs 250 crore at a post-money valuation of Rs 3,250 crore to expand its business operations and market penetration.The Bengaluru based startup produces high-precision tools for aero-engines and airframes, coupled with high-precision components,...

Incuspaze Secures $8M to Expand Workspace Solutions Across India

July 22, 2024: Incuspaze, provider of Office space solutions for Startups, SMEs & Large Enterprises, has successfully secured about $8 million in its first-ever funding round, led by the India Inflection Opportunity Fund (IIOF) along with participation from other...

Aereo to Invest $15M in Building New Drone Intelligence Solutions

July 21, 2024: Aereo, an integrated drone solutions provider has revealed its $15 million Series B funding round led by 360 ONE Asset will help expand its aerial intelligence solutions offerings.Aereo delivers business intelligence solutions which claims to hold...

Promaft Unveils ₹1000Cr Product- Market Fit Startups Catalyst Fund

July 21, 2024: Promaft Partners, a newly launched venture capital firm, has unveiled an ambitious Rs 1,000 crore fund aimed at giving impetus to the Indian startup ecosystem. This fund, supported by prominent Indian family offices and startup luminaries,...

UpTime AI investing $14M to expand, and push go-to-market strategy

July 16, 2024: Industrial AI startup UpTimeAI has secured $14 million in Series A funding led by WestBridge Capital to accelerate go-to-market and product strategy and expand its offerings. Furthermore, the fresh capital infusion will enable the firms' expansion...

BluSmart Secures $24M to Boost Operations, EV Charging Network

July 16, 2024: BluSmart, an EV ride-hailing service has secured $24 million in a pre-Series B funding round, to propel operations and establish more EV charging infrastructure and assets across several prominent Indian cities.The company claims to own 1.38...

India’s Startup Ecosystem: $8.3B Invested in Q2 2024

July 15, 2024: The momentum in India’s vibrant startup ecosystem shows no signs of slowing down. This week, 22 innovative startups successfully secured nearly $116.26 million, driven largely by four significant growth-stage transactions. This comes on the heels of...

Partior Raises $60M for Blockchain Multi-currency Clearing

July 14, 2024: Partior, a block chain accelerated fintech firm has bagged over $60 million in a Series B funding to meet its goal of enhancing intraday FX swaps, cross-currency repos, programmable enterprise liquidity management, and just-in-time multi-bank payments....

₹300Cr Equity Continnum Fund to back IPO-Ready Ventures

July 12, 2024: Anicut Capital, a multi-asset alternative investment firm, has announced the successful closure of its inaugural late-stage Equity Continuum fund totaling Rs. 300 crore, to boost prospects of growth companies seeking IPOs.This fund is earmarked to bolster...

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