Funding Alert
Indian Startups Bounce Back: $7B Raised in H1 2024; Layoffs Decline
July 3, 2024: The Indian startup ecosystem is witnessing a robust recovery, marked by significant funding rounds, a surge in secondary deals, ESOP buybacks, and a notable decline in layoffs. According to data compiled by TheKredible, Indian startups raised...
Funding Alert
Purplle secures ₹1000Cr to scale online, offline beauty stores
July 2, 2024: Omnichannel Beauty Platform Purplle has secured Rs 1,000 crore in a funding, for building a sustainable and profitable business. The company spots disruptive brands, and partners with them for consumer value creation.The latest investment round involves...
Funding Alert
Sneaker Startup Comet Walks with $5M Funding
July 2, 2024: Sole to the final shoe sneaker startup Comet has raised Rs 42.3 crore ($5 million) in a Series A funding round to expand its business and brand growth in the sneaker markets.Founded in 2022, Comet is...
Funding Alert
Smartworks Raises ₹168 Cr to Back Workspace Growth Demand
Jun3 29, 2024: Smartworks has successfully raised Rs 168 crore in private funding this calendar year. The latest round of funding saw substantial participation from Keppel Ltd, marking the second major investment from the Singapore-based conglomerate.Commenting on this milestone,...
Funding Alert
upGrad Invests in Future Growth with $35M EdTech Funding
June 29, 2024: upGrad has secured Rs 287.5 crore ($35 million) to accomplish company's growth initiatives, cover operational expenses, and support general corporate purposes, according to a filing by the online ed tech firm with the Ministry of Corporate...
Funding Alert
Rupeek Raises $15M to Expand Access to Online Gold Loans
June 27, 2024: Rupeek, an asset-backed online gold loan company has raised ₹125 crore (approximately $15 million) in fresh funding, marking the second tranche of their latest round. This fresh capital is expected to accelerate its digital lending adoption.The...
Funding Alert
Northern Arc Secures $75M to Drive Financial Inclusion in India
June 25, 2024: Northern Arc Capital Limited, a leading Indian non-banking financial company (NBFC), has secured a significant investment of $75 million from FMO, the Dutch development bank. This funding, facilitated through senior secured non-convertible debentures (NCDs) listed on...
Funding Alert
PSA Disruptor Rocketlane Raises $24M to Power AI-Powered Growth
June 24, 2024: Rocketlane, a leading provider of purpose-built Professional Services Automation (PSA) and client onboarding platforms, has secured $24 million in a Series B funding round. The funding will augment its growth plans and AI roadmap.According the company...
Funding Alert
Mitsui Second Investment Boosts EKA EV Growth Ambitions
June 22, 2024: Electric vehicle (EV) maker EKA (Pinnacle Mobility Solutions) has raised a second tranche of investment from Japanese trading company Mitsui & Co Ltd. This enables the startup to further boost manufacturing and new product development.This is...
Funding Alert
Zepto Doubles Valuation to $3.6B with $665M Fundraise, Targets New Cities
June 21, 2024: Indian quick commerce startup Zepto has secured a staggering $665 million in its latest funding round, catapulting its valuation to an impressive $3.6 billion. The funding round was led by Glade Brook, Nexus, and StepStone Group,...
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...
