Funding Alert

Agrizy Secures $9.8M to Foray into New Markets and Services

August 6, 2024: Agrizy has secured $9.8 million in Series A funding to fuel its expansion into new product areas and markets. The company plans to launch a contract development and manufacturing organization (CDMO) and offer value-added advisory services....

IIOT’s Bharat Value Fund Debuts with ₹2,000Cr Corpus

August 5, 2024: Pantomath Group’s India Inflection Opportunity Trust (IIOT) has officially launched the Bharat Value Fund (BVF) with a substantial corpus of ₹2,000 crore. This amount comprises a primary fund of ₹1,000 crore, along with an additional green...

Gemba Capital ₹250Cr Fund II to Invest in 30 New Seed Startups

August 2, 2024: Gemba Capital's Fund-II plans to invest in 30 pre-seed and seed startups, with a focus on "platform-first" businesses in fintech, consumer tech, and B2B sectors, each with an initial Rs 5 crore cheque and a 30%...

GalaxEye Space Secures $6.5M to Advance “Drishti Mission”

August 1, 2024: GalaxEye Space has raised $6.5 million as part of a Series A funding round, to launch GalaxEye’s first satellite, the “Drishti Mission,” to further advance its multi-sensor payload technology, enhance testing infrastructure in the labs, and...

Agri Startups: Govt Ploughs ₹122.50 Cr to Back 1708 New Ventures

July 31, 2024: The Agri Startups in India have received, accelerated support from the Department of Agriculture & Farmers' Welfare. It has successfully implemented the “Innovation and Agri-Entrepreneurship Development” program under the Rashtriya Krishi Vikas Yojana (RKVY) since 2018-19....

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...

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...

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...

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...

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...

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