Funding Alert

UpTime AI investing $14M to expand, and push go-to-market strategy

July 16, 2024: Industrial AI startup UpTimeAI has secured $14 million in Series A funding led by WestBridge Capital to accelerate go-to-market and product strategy and expand its offerings. Furthermore, the fresh capital infusion will enable the firms' expansion...

BluSmart Secures $24M to Boost Operations, EV Charging Network

July 16, 2024: BluSmart, an EV ride-hailing service has secured $24 million in a pre-Series B funding round, to propel operations and establish more EV charging infrastructure and assets across several prominent Indian cities.The company claims to own 1.38...

India’s Startup Ecosystem: $8.3B Invested in Q2 2024

July 15, 2024: The momentum in India’s vibrant startup ecosystem shows no signs of slowing down. This week, 22 innovative startups successfully secured nearly $116.26 million, driven largely by four significant growth-stage transactions. This comes on the heels of...

Partior Raises $60M for Blockchain Multi-currency Clearing

July 14, 2024: Partior, a block chain accelerated fintech firm has bagged over $60 million in a Series B funding to meet its goal of enhancing intraday FX swaps, cross-currency repos, programmable enterprise liquidity management, and just-in-time multi-bank payments....

₹300Cr Equity Continnum Fund to back IPO-Ready Ventures

July 12, 2024: Anicut Capital, a multi-asset alternative investment firm, has announced the successful closure of its inaugural late-stage Equity Continuum fund totaling Rs. 300 crore, to boost prospects of growth companies seeking IPOs.This fund is earmarked to bolster...

Skild AI Secures $300M to Build New Robotics Training Datasets

July 10, 2024: Skild AI, an AI driven robotics startup has raised $300 million in a Series A funding round to consolidate its business model and accelerate its training datasets for future commercial use. Additionally, the funds will augment...

Mounttech’s ₹250Cr ‘Kavachh’ Fund to Boost India’s Defence & Aerospace Innovations

July 9, 2024: Mounttech Growth Fund, 'Kavachh' a new venture capital firm fund launched by Ajay Kumar, India's former defense secretary who retired in 2022, has raised over ₹250Cr in an initial funding round with a commitment to fostering...

Trident Growth Partners Debuts, Targets Growth-Stage Equity Investments

July 9, 2024: Trident Growth Partners (India), a new venture capital firm aimed at accelerating startups across various sectors has been launched by Atul Gupta, formerly a partner at Premji Invest. The firm reportedly plans growth stage equity investments...

Suzuki Aims for “Next Billion” in India with ₹340Cr Social Impact Fund

July 4, 2024: Japanese automotive giant Suzuki Motor Corporation is deepening its commitment to the Indian market with the launch of a social impact investment fund, Next Bharat Ventures IFSC Private Limited. The subsidiary aims to cultivate a robust...

AISRF 15th Round Boosts Ind-Aus Research with Five New Projects

July 4, 2024: The Australia-India Strategic Research Fund (AISRF) has revealed the outcomes of its 15th round, showcasing collaborations between India and Australia in cutting-edge scientific sectors such as artificial intelligence, biotechnology, urban mining, electronic waste recycling, and advanced...

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