Funding Alert

PayU invests $5M to back BRISKPE cross-border expansion plan

29th April, 2024: Payments platform BRISKPE has raised $5 million from PayU in seed round to enhance its product and service offerings, add new talents, and expand its market reach.BRISKPE offers global trade payments. Simplifying Simplifying cross-border transactions with...

Lyskraft Invests $25M to Dominate Niche Omnichannel Fashion

Lyskraft, a fashion startup with an omnichannel strategy has secured $26 million in a seed funding round to accomplish its goal of becoming a niche fashion and lifestyle firm.“At its core, venture investing is about partnering with India’s best...

Northern Arc Raises $80M; Offers Credit Access for Needy Household, Business

April 24, 2024: Financing provider Northern Arc has secured $80 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group, in equal halves of debt and equity components. The firm's goal is to...

Perplexity AI Nets $62.7M to Raise More Power to AI Answer Engine

24th April 2024: Perplexity AI has bagged $62.7 million in funding, raising the artificial intelligence firm's valuation to $1.04 billion. The AI engine also announced its foray into enterprise market.AI answer engine firm which turned Unicorn stated that the...

LetsTransport secures $22M to boost growth, profits trajectory

April 24, 2024: Electric Vehicle aggregator LetsTransport has secured $22 million in Series E round led by Bertelsmann India Investments (BII),to expand market footprints, expand its business network, and accelerate the company's profitability trajectory.Investement firm Bertelsmann India Investments Partner...

Early Startups Can Grab Up to $500K from Flipkart Ventures Third FLA Cohort

Flipkart Ventures, has invited applications for the third cohort of its accelerator programme—Flipkart Leap Ahead (FLA). Early-stage tech startups can submit their applications from April 22 to May 26, 2024.The chosen startups in the FLA program that leverage GenAI...

Dhruva Space Secures $9M to Propel Into New Space Tech Frontiers

April 22, 2024: Space Tech Startup Dhruva Space, focused on building full-stack space engineering solutions has secured approximately $9.3 million (Rs 78 crore) from a group of investors, that include Indian Angel Network Alpha Fund and Blue Ashva Capital....

17 Early Stage Indian Startups Net $83.76M This Week

April 21, 2024: Seventeen early-stage Indian startups closed investment amounting to $83.76 million during the week, from 15th April to 20th April. Climate-focused deeptech startup Ecozen topped the list followed by training, certification, and recruitment services provider for grey...

Indian Green Tech Startups Flourish in Q1 2024; Nets $240M

April 20, 2024: India's burgeoning environmental technology sector, startups have flourished in the first quarter of 2024, securing a remarkable $240 million in funding. This substantial influx of capital underscores the growing momentum and investor confidence in innovative solutions...

Ecozen raises $30M to enrich, grow cleantech value chain

April 19, 2024: Cleantech startup Ecozen has raised $30 million in a mix of debt and equity to build more value to clean tech solutions, and to penetrate new global markets.Ecozen was established with a vision to disrupt the...

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