Funding Alert

UGRO Capital Secures ₹250Cr to Solve Credit Gap for MSMEs in India

UGRO Capital is investing Rs 250 crore ($30 million) to develop its technology and credit expertise to offer multi-channel services to MSMEs across various sectors, for which it has raised fresh round of capital.The credit gap for MSMEs in...

Wiz Freight to Scale Agility with $15Mn Funding

Wiz Freight, that positions itself as a full stack freight forwarding plus disruptive techhas raised Rs 125 crore ($15 million), in a post-money valuation of Rs 1,400 crore ($168 million), resulting a 50% hike from its earlier valuation in...

KKR Launches $6.4B Fund; Reveals 10 Investments

February 1, 2024: KKR, a leading global investment firm has successfully concluded the fundraising for its latest venture, the KKR Asia Pacific Infrastructure Investors II SCSp, amassing an impressive $6.4 billion.This fund, is largest pan-regional infrastructure fund to...

Kore.ai Invests $150 Mn in No-Code Tools and Accelerates GenAI Growth

Kore.ai, which offers from conversational virtual assistants to generative AI applications, and a platform with no-code tools and solutions to do AI right has raised $150 million in funding to grow its market footprings and fast-track development its AI...

BluSmart’s Backs EV Growth Surge with $25 Mn Funding

EV ride-hailing startup BluSmart has raised $25 Million from Ability Investments to augment its charging infrastructure expansion plans across India. According to investor Ability Investments this investment is part of its strategy to fund initiatives that facilitate reduction of...

Startup Moms Home Raises ₹5Cr to Expand Organic Baby Care Line

Startup, Moms Home, which claims to make 100% organic cotton baby essentials has raised ₹5Cr to embark on its expansion journey in the sustainable and organic apparel brands markets with a focus on organic baby care products.The Jaipur...

VIKRAN Secures $10Mn to Shape its EPC Growth

Engineering, procurement, and construction (EPC) firm , IKRAN Engineering & Exim has raised fresh capital of $10 million in a pre-IPO placement round to grow its EPC business.Madhu Lunawat, CIO of India Inflection Opportunity Fund, stated "With unparalleled...

Equirus InnovateX Fund Investing $25Mn in 20 Seed-Stage Startups

To support,foster seed-stage technology startups Equirus has launched a $25-million investment vehicle, Equirus InnovateX Fund.The Fund is targeting SaaS, deeptech, fintech, and emerging startups, and plans to invest an average ticket size of $500,000 to $1 million in about...

Ecofy Secures $10.8Mn to Offer Loans for Green Only Projects

Ecofy , a green only NBFC firm, as part of its strategy to grow is loan book, product diversification plans, and to fast-track green field projects has successfully raised $10.8 Mn from FMO, a Dutch Entrepreneurial development bank.The...

AiDash Secures $50M, Sharpens Focus on India; Doubling Staff

AiDash, a satellite- and AI-powered enterprise SaaS solutions provider, has secured $50 million in a Series C funding to double its team to over 600 employees in two years and set up a European headquarters.Presently the firm staffs 300...

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