Funding Alert

Adar Poonawalla Acquires 50% of Karan Johar’s Dharma Productions for ₹1,000 Cr

October 21, 2024: Adar Poonawalla-led Serene Productions announced an investment of ₹1,000 crore in Karan Johar’s Dharma Productions and its digital content wing, Dharmatic Entertainment, on Monday. This strategic partnership grants Serene Productions 50% ownership stake in the newly...

October Brings Cheer to Indian Startups; $342M Raised in a Week

October 20, 2024: The Indian startup ecosystem is showing signs of recovery as venture capital (VC) funding in October surges week-over-week. After a sluggish start to the month, with just $91 million recorded in the first week, the third...

Sundaram Alternates Unveils High Yielding PCOF Series I Fund

October 18, 2024: Mumbai, India – In a strategic move to tap into the burgeoning alternative credit sector, Sundaram Alternates, a subsidiary of Sundaram Asset Management Company and Sundaram Finance, has unveiled the Performing Credit Opportunities Fund (PCOF) -...

$10M Tetr Fund Launched; To Invest in 20 Inventive Ideas

October 17, 2204: Tetr College of Business, has unveiled a $10 million Tetr fund—‘Tetr - Under 20’ targeted to student entrepreneurs through targeted investments. The sector-agnostic fund intends to tap 20 innovative ideas, focusing on areas including, artificial intelligence...

Suraasa Secures $6M to Tackle Global Teacher Shortage

October 16, 2024: Suraasa, a teacher programs provider is set to make significant strides in the realm of teacher workforce development and global mobility with its recent $6 million funding round. The investment will be directed towards enhancing teacher...

Everstage Secures $30M; To Launch AI Agent Creation Studio

October 16, 2024: Everstage, an enterprise sales performance management software company has successfully closed a $30 million Series B funding round. The fresh capital will play a crucial role in enhancing product offerings and expanding professional services to meet...

Purplle Beauty Solutions Gets ₹500Cr Boost

October 15, 2024: Purplle, an online beauty brands products has closed its Series F funding round, and added an additional INR 500 Cr. New investors such as Sharrp Ventures also joined the cap table, the disclosed in a statement.Rishabh...

Troo Good Secures $9M; Innovate Millet Snacks, and Fortify Infra

October 15, 2024: Hyderabad based Troo Good on Tuesday announced it has secured $9 million in a funding round. The fresh capital infusion is aimed to augment its plans to strengthen infrastructure, widening distribution strengths, and accelerate product innovation.Troo...

Indian Startups Raise $232M In Oct’ 2024: Is It Sustainable?

October 12, 2024: The second week of October, 2024 marked a notable resurgence in venture capital (VC) investments within the Indian startup landscape, with total funding reaching $232 million across 29 deals.This round up represents a significant uptick...

Haber Nets $38M to Accelerate Next Phase of AI Automation

October 12, 2024: Haber Nets, an AI-driven robotics startup which offers Real-time, AI driven automation to maximize plant efficiency & output on Friday announced it has secured $38 million to propel its next phase of growth.The Pune startup...

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