Funding Alert

NewSpace Secures $52M for Next Gen Unmanned Aerospace Systems

March 2: NewSpace Research & Technologies (NRT), a ambitious drone manufacturer in India’s defense sector, has secured a staggering $52 million (INR 430.9 crore) in a bridge funding round to power it ambitious unmanned aerospace systems innovation.The infusion...

Going Places, Mokobara Secures ₹150Cr for Rapid Retail Expansion

March 1: Mokobara, a premium travel and lifestyle brand foresees to reach a revenue range of Rs 180-200 crore in the ongoing fiscal year and achieve a profitable EBITDA, setting its sights on a substantial Rs 1,000 crore business...

Smart Joules Raises $8M to Meet it’s Carbon Emission Targets

Feb 29: Smart Joules, an Indian energy efficiency company, has secured $8 million. The funds will be deployed towards executing the organization's Cooling-as-a-Service (CaaS) partnerships with leading healthcare and hospitality chains, aimed at reducing energy consumption and carbon emissions....

Mswipe Bags $20M to Fortify Merchant Payment Business

Feb 29: Mswipe Technologies, a Point-of-sale (POS) service provider and device manufacturer, has secured $20 million to augment its merchant payment network and strengthen its product development and technological infrastructure, Mswipe stated.The POS technology firm provides digital solutions to...

Kushal to Add Shine to Fashion, Jewelry with ₹284Cr Investment

Feb 28: Fashion and silver jewellery brand Kushal has secured Rs. 284 crore in a Series B funding round to further infuse investments in brand building, technology, people and retail expansion.In addition to receiving more money, the fashion and...

Actor Rana Daggubati Backs Ghost Kitchens $5Mn Funding Round

Feb 26: Actor, entrepreneur Rana Daggubati an existing investor in Ghost Kitchens has reaffirmed his faith in Food-tech platform growth, and joined other existing investors in a $5 Million Series A funding round secured by the cloud kitchen startup...

Yulu Secures $19.25M to Meet Rising EV Vehicles Demand

Feb 23: Yulu, the electric mobility company Yulu has raised $19.25 million in an equity round, to consolidate its market position, increasing the number of vehicles, operational sites and to back product and technology innovation.Amit Gupta, Co-founder and CEO...

Orkes Raises $20M to Build and Expand Distributed Applications

Feb 22: Orkes, orchestration platform for developers has raised a $20 million Series A round from new and existing investors. The company stated the funding validates its significant growth since initial launch, as well as the continued importance of...

Walko Food Secures $20M in Growth Capital for Expanding Ice Cream Brands

Feb 21: Walko Food, know for ice cream brands NIC and Cream Pot—has secured $20 million in growth capital, to expand its product portfolio and capture customers in India’s burgeoning ice cream and desserts industry.“This collaboration is a testament...

Vidyut Secures $10M to Power Growth in EV Insurance Business

Feb 20: Vidyut Tech, an commercial EV financing platform has announced it has raised $10 million in a Series A equity and debt funding round to fuel its growth in Electric Vehicle insurance business.Founded in 2021 by Gaurav Srivastava...

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