Funding Alert

Indian Startups See VC Funding Drop to $134M Amid Deal Drought

August 11, 2024: In the second week of August, venture capital (VC) funding in the Indian startup ecosystem experienced a notable decline, with total investments dropping to $134 million across 25 deals. While, VC Investment Falls in Early August,...

BlueBinaries Secures ₹60Cr Funding to Innovate and Expand

August 8, 2024: BlueBinaries Engineering and Solutions, a specialized engineering and technology services company has secured an investment of ₹60 crore from Anicut Capital, a leading multi-asset investment firm.This capital infusion will propel BlueBinaries' expansion into global markets and...

Visit Health Raises Over ₹250Cr, Announces ESOP Buyback

August 7, 2024: Healthtech startup Visit Health has successfully raised over Rs 250 crore in its latest funding round. Furthermore, the company has revealed plans for its second employee stock option plan (ESOP) buyback.Visit Health, founded in 2015 by...

Agrizy Secures $9.8M to Foray into New Markets and Services

August 6, 2024: Agrizy has secured $9.8 million in Series A funding to fuel its expansion into new product areas and markets. The company plans to launch a contract development and manufacturing organization (CDMO) and offer value-added advisory services....

IIOT’s Bharat Value Fund Debuts with ₹2,000Cr Corpus

August 5, 2024: Pantomath Group’s India Inflection Opportunity Trust (IIOT) has officially launched the Bharat Value Fund (BVF) with a substantial corpus of ₹2,000 crore. This amount comprises a primary fund of ₹1,000 crore, along with an additional green...

Gemba Capital ₹250Cr Fund II to Invest in 30 New Seed Startups

August 2, 2024: Gemba Capital's Fund-II plans to invest in 30 pre-seed and seed startups, with a focus on "platform-first" businesses in fintech, consumer tech, and B2B sectors, each with an initial Rs 5 crore cheque and a 30%...

GalaxEye Space Secures $6.5M to Advance “Drishti Mission”

August 1, 2024: GalaxEye Space has raised $6.5 million as part of a Series A funding round, to launch GalaxEye’s first satellite, the “Drishti Mission,” to further advance its multi-sensor payload technology, enhance testing infrastructure in the labs, and...

Agri Startups: Govt Ploughs ₹122.50 Cr to Back 1708 New Ventures

July 31, 2024: The Agri Startups in India have received, accelerated support from the Department of Agriculture & Farmers' Welfare. It has successfully implemented the “Innovation and Agri-Entrepreneurship Development” program under the Rashtriya Krishi Vikas Yojana (RKVY) since 2018-19....

India’s Spacetech Funding Rises 7% in 2023, Aims Higher

July 31, 2024: India's spacetech sector has reached new heights with record-breaking funding of $126 million in 2023, a 7% increase from the $118 million raised in 2022 and a staggering 235% rise from $37.6 million in 2021, according...

Gruner Renewable Raises $60M for Biogas Efficiency and Growth

July 30, 2024: Gruner Renewable Energy has secured $60 million in funding to enhance biogas operations, market presence, and research to improve energy efficiency and production accuracy. The fresh capital will also be deployed to grow business via new...

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