Funding Alert

Testsigma Raises $8.2M to Enhance AI-Powered Test Automation

June 6, 2024: Innovative test automation platform, Testsigma has raised $8.2 million in a funding round led by MassMutual Ventures, to augment its plans to advance in GenAI practices.Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and...

Fibe Secures $90M Funding; Major Push for Digital Lending in India

June 5, 2024: Fibe, a one-stop financial solution company (formerly EarlySalary) has secured $90 million in a funding round for the expansion and growth of the company digital lending platform.Founded in 2015 by Akshay Mehrotra and Ashish Goyal, Fibe...

Is India’s Space Age 2.0 Here? Anand Mahindra Places His Bet

June 4, 2024: May 4, 2024: The Indian space sector is witnessing a thrilling liftoff, fueled by a new wave of innovative startups capturing the imagination of investors like Mahindra Group chairman Anand Mahindra. This surge isn't driven by...

Lenskart Expands Business Vision With $200M Fund Infusion

June 3, 2024: Lenskart has secured $200 million in secondary investment, as it continue to accomplish new goals and expansion plans. The company has rapidly grown its business reaching out to over 1,00,000 customers a month through a unique...

100X.VC invests $2.7M in 17 startups from its 11th cohort

June 2, 2024: Early-stage investor 100X.VC announced today a $2.7 million investment in 17 startups from its 11th cohort. These young companies, hailing from major Indian cities like Mumbai, Bengaluru, Delhi, and Pune, represent diverse sectors including B2B SaaS,...

Ather Energy raises ₹286Cr to pump next phase of EV growth

June 1, 2024: Ather Energy, which claims to be the largest electric scooter manufacturer has secured ₹286 crore ($34.5 million) investment. The funding round follows nine months after the firm revealed raising Rs 900 crore from its present investor...

Paytm Founder Invests in TechEagle’s New Drone Delivery Model

May 31, 2024: TechEagle, a leading player in India's burgeoning drone logistics market, has secured an undisclosed amount of funding in a bridge round co-led by Navam Capital and Inflection Point Ventures (IPV). This investment signals strong investor confidence...

Vegapay Secures $5.5M Funding for Next-Gen, Customizable Credit Solutions

May 30, 2024: Vegapay, a lending tech stack and card management provider has secured $5.5 million to augment Vegapay’s product suite, with a thrust on product development and regulatory compliance updates, said the company in a statement.A major portion...

Musk’s AI Star xAI Leaps Ahead with $6B Funding, Targets Market Launch

May 27, 2024 - Elon Musk's artificial intelligence (AI) startup, xAI, has secured a whopping $6 billion in a Series B funding round. This significant investment brings to the spotlight the ongoing AI race, with xAI readying to beat...

Union Bank ₹250Cr Bet on Navanaami Project, Signals Broader Industry Optimism

May 25, 2024: In a move that could signal renewed confidence in the Indian luxury housing market, Hyderabad-based developer Navanaami Projects Private Limited has secured a significant funding of Rs 250 crore from Union Bank of India for its...

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