Funding Alert

Ankur Capital Fund III to Raise ₹1200Cr; Bullish on Deep Science

August 20, 2024: Ankur Capital, an early-stage venture capital revealed today that it has secured additional investment backing from two prominent existing limited partners for its upcoming third fund.The new fund, aiming to raise Rs 1,200 crore (approximately...

RISE Accelerator for India-Australia Agri Startups: Apply by Sept 15

August 19, 2024: The Climate Smart Agritech cohort under the Rapid Innovation and Startup Expansion (RISE) Accelerator program by NITI Aayog’s Atal Innovation Mission (AIM), in collaboration with Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO), is calling agriculture...

Indian Startups Raise $379M in Aug 3rd Week; Ather Joins Unicorns

August 17, 2024: Venture capital (VC) funding into Indian startups saw a significant rise in the third week of August, fueled by substantial deals from major players like OYO and Ather. This uptick provided much-needed relief to the ecosystem,...

35North Ventures ₹100Cr AIF Fund to Back High-Growth Startups

August 15, 2024: 35North Ventures has secured Rs 100 crore in the first phase of its debut CAT-I alternative investment fund (AIF), India Discovery Fund II. India Discovery Fund – II follows 35North’s first CAT-I AIF, with a...

Fresh Bus Secures ₹85.7Cr to Expand, Deploy 150 New E-Buses

August 14, 2024: Fresh Bus, an inter-state electric bus service provider, has chalked out aggressive growth plan, to meet its goal the firm has secured ₹87.5 crore in a Series A funding round.The fresh capital raised will be invested...

Ather Energy Valued at $1.3B After $71M Investment

August 13, 2024: Ather Energy, the trailblazer in electric two-wheelers, has officially achieved unicorn status following a substantial funding round. The company raised ₹600 crore ($71 million) from its existing investor, the National Investment Infrastructure Fund (NIIF), propelling its...

Scimplify Invests $9.5M to Advance Specialty Chemical Production

August 11, 2024: Scimplify, a Bengaluru-based startup specializing in specialty chemical manufacturing, has raised $9.5 million in a Series A funding round to enhance the company's research and development (R&D) capabilities and expand its global presence.Founded in 2023 by...

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...

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