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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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