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...
Funding Alert
Zepto, HealthKart Lead $596M Funding Spike for Indian Startups
November 24, 2024: This week between November 18-23 marked a significant rebound for the Indian startup ecosystem as funding levels surged by a staggering 226%, with startups collectively raising around $596 million . The funding spike represents a sharp...
Funding Alert
8i Ventures Builds on Origami I Success with Origami II Fund
November 24, 2024: 8i Ventures has launched the second edition of its innovative pre-seed funding programme, Origami with a target to invest in upto five promising early stage startups. Aimed at empowering early-stage founders, the programme promises a fast-track...
Funding Alert
Zepto Infuses $350M to Stay on Top of the Market, Outpace Rivals
November 22, 2024: Zepto, touted to be India's fast-growing quick commerce player, has secured $350 million in its latest funding round, to strengthen its market dominance and outpace its rivals in Quick Commerce business, as part of its ongoing...
Funding Alert
IIT Bombay SINE to Back 1K Deep Tech Startups with ₹100Cr Fund
November 21, 2024: The Society for Innovation & Entrepreneurship (SINE) at IIT Bombay has set its sights on supporting 1,000 startups in the next decade, marking an ambitious 4X increase in its operations. Known for its track record in...
Recent News
Indian Startup OrbitAID Sets New Satellite Servicing Benchmark
December 23, 2024: OrbitAID Aerospace, an innovative startup focused on satellite servicing, has successfully tested its groundbreaking Standard Interface...
