Funding Alert
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...
Funding Alert
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...
Funding Alert
Rapido Achieves Unicorn Status with $120M Series E Funding, Valued at $1B
July 30, 2024: In a significant boost for the ride-hailing sector, Rapido has successfully closed a $120 million Series E funding round, propelled by existing investor WestBridge Capital. This latest investment elevates the company's valuation to an impressive $1...
Funding Alert
Simple Energy Secures $20M; To Push Simple EV Series Adoption
July 29, 2024: Simple Energy, a electric vehicle and clean energy startup, has secured $20 million to scale up the production of : Simple One and Simple Dot One EV series of scooters . It also plans to foray...
Funding Alert
Good News for EVs: Govt Boosts EMPS 2024 with ₹778 Crore
New Delhi, July 28, 2024 — In a big boost for the electric vehicle (EV) industry, the Union Government has extended the EMPS 2024 (Electric Mobility Promotion Scheme) until September 30, 2024. The extension also comes with a notable...
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...
Funding Alert
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,...
Funding Alert
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...
Funding Alert
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...
Funding Alert
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,...
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...
