Funding Alert
Mintifi Unlocks $180M to Scale Up Supply Chain Financing
December 10, 2024: Mintifi, a supply chain financing firm has successfully secured $180 million in a Series E funding round in a combination of primary and secondary transactions. This enables early investors with an 11X exit. The round also...
Funding Alert
VCs Invest $250M in Indian Startups This Week: A 72% Surge
December 8, 2024: The Indian startup investment ecosystem is experiencing a remarkable turnaround, with cumulative VC's funding hitting $250 million across 18 deals between December 2 and 7, 2024. This represents a staggering 72% increase compared to the previous...
Funding Alert
Nazara Drives NODWIN Gaming Growth With ₹64Cr Funding
December 6, 2024: Nodwin Gaming, an emerging markets focussed player catering to the new-age youth entertainment, gaming, and esports segment, received approval of Rs 64 crore funding from parent company Nazara Technologies.The fresh capital infusion will fast track NODWIN...
Funding Alert
Ultraviolette Injects ₹130Cr to Drive EV Motorcycle Expansion
December 5, 2024: Electric motorcycle manufacturer Ultraviolette, an Electric Motorcycle manufacturer has raised ₹130 crore in funding as part of the growing interest in India's electric vehicle (EV) sector, and expand its global footprints.Founded in 2016, Bengaluru-based Ultraviolette manufactures...
Funding Alert
Prosus Acquires Key Stakes in Mintifi and Vastu for $180M
December 2, 2024: Global investment giant Prosus has made two key acquisitions in October 2024, further expanding its foothold in the country’s rapidly growing housing finance and fintech sectors. With investments totaling around $180 million, Prosus has acquired an...
Funding Alert
CreditAccess Grameen’s Innovative Fundraise to Support Rural Women
December 2, 2024: CreditAccess Grameen, a leading microfinance institution, has secured €25 million from the German Investment Corporation (DEG) and ₹170 crore from Citi through an innovative co-financing facility to address the pressing financing needs of rural...
Funding Alert
VC Funding in Indian Startups Dives Below $100M in Late Nov
December 1, 2024: VC funding in Indian startups plummeted to a mere $77 million in the last week of November, marking a sharp decline from the previous week’s impressive $575 million. This marked the sixth instance this year that...
Funding Alert
ALT Mobility Charges Next Phase of EV Fleet Growth with $10M
November 29, 2024: ALT Mobility, an electric vehicle leasing and lifecycle management solutions firm for B2B, announced raising successfully $10 million in a Series A funding round. The fresh capital infusion will fast track its expansion plans to add...
Funding Alert
Stellaris Venture Fund III Gets $300M to Back 30 Smart Tech Startups
November 29, 2024: Stellaris Venture Partners an Early-stage, technology-focused, sector-agnostic investment firm has announced the close of its Fund III at $300 million. Over a period of three years the new fund aims to lead seed and Series...
Funding Alert
Candytoy Secures ₹110 Cr; To Scale New Markets, Add Talent
November 26, 2024: Candytoy Corporate raised Rs 110 crore in series A funding to augment its production capabilities and invest in talent acquisition for accelerating all round growth. The toys firm produces and supplies Candy Toys and promotional toys...
Recent News
Ola Electric’s Bhavish Aggarwal Stakes Big on Krutrim’s Future
December 2, 2024: In an unexpected move, Ola Electric’s founder Bhavish Aggarwal has pledged a portion of his stake...