Funding Alert

Canpac Trends Unwraps Growth with Investcorp’s ₹340 Cr Push

Investcorp has taken the lead with a significant Rs 340 crore investment in the packaging and printing powerhouse, Canpac Trends. This move isn't just about the money; it marks a significant milestone for JM Financial India Fund II, granting...

Udaan Fortifies IPO Plans, Secures $340Mn to Propel Growth

Udaan, a B2B Platform for businesses & shop-owners which has embarked on an IPO journey, has secured $340 million in a Series E financing round to enrich its customer experience and market depth, ink strategic vendor partnerships, and fortify...

PlasmaGen Secures ₹225Cr to Bridge Plasma, Specialty Care Demand-Supply Gap

PlasmaGen Biosciences has secured Rs 225 crore to back its growth formulation and accomplish its targets for international expansion, product development, and working capital requirements. The plasma derived protein and speciality products firm founded in 2010 by Vinod Nahar,...

SumUp Defies Odds, Secures €285Mn; Records 30% YoY Growth Trajectory

Fintech Startup SumUp has defied the odds. Amid a challenging funding landscape for European fintech, 2023 witnessed a staggering 70% drop in raised capital for startups during the first half compared to the prior year. However, breaking through this...

Nat Habit Secures $10.2Mn to Launch New D2C Stores, Products

Nat Habit has raised $10.2 million in Series B funding to accelerate its R&D and product development, including brand building and recruiting new talent for its natural beauty and wellness business.Swagatika Das, Founder at Nat Habit, a Direct-to-consumer (D2C)...

India’s Startup Growth Stumbles, Falls to 4th Global Position in 2023

India's prominence in the global startup growth ecosystem encountered a setback as the country descended to the fourth spot in terms of funding, marking its lowest inflow in the past five years.Tracxn, a renowned global market intelligence platform, compiled...

Sarvam AI Secures $41Mn to Invent New Generative AI Apps

Sarvam AI, an AI Startup that leads a transformative research in AI claiming to make development, deployment, and distribution of GenAI apps in India significantly robust, performant, and cheaper has raised $41 million in Series A.The fund will...

Gujarat Startups Garner ₹53Cr Investment at Startup Conclave 2023

Ahmedabad: The Startup Conclave 2023, a precursor event to the Vibrant Gujarat Global Summit (VGGS) 2024, witnessed a successful outcome for 20 early-stage startups from Gujarat, who secured Rs 53.3 crore in funding from various investors.The event was...

SenseAI’s ₹200Cr Debut Fund Seeks to Back 20 New AI Startups

SenseAI Ventures, has introduced its debut fund—SenseAI Fund I of Rs 200 crore (~$25 million) to back the AI startup ecosystem in India, with an initial target to invest in 18-20 startups.The Gurugram-based artificial intelligence-focused investment firm aims to...

The Sleep Company Adds Comfort to Brand Growth with $22Mn

The Sleep Company has secured $22 million (Rs 184 crore) in Series C funding, to expand product portfolio, and SmartGRID-based products. Further, it plans to create additional product categories and marketing efforts to augment brand visibility. The startup claims...

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