Funding Alert

Aye Finance has secured €15 million ($16.2 million) in debt funding for expanding on-lending to underserved medium, small, and micro enterprises (MSMEs)."This new funding will enable us to reach out to a larger population of micro-enterprises and offer them...

Sindhuja Microcredit, a micro credit and insurance provider for rural-urban market has raised $14.5 million (Rs 120 crore) in a Series C funding round to invest in its busines expansion plans, and consolidate its existing market presence. Further, it...

Cleantech startup Bambrew announced today that it raised Rs 60 crore to augment various strategic initiatives, implement expansion into primary packaging for FMCG and food and beverage categories, strengthen manufacturing capabilities, also further research and development, and scaling up...

Education-focused non-banking financial (NBFC) company Avanse Financial Services Ltd has successfully raised Rs 1,000 crore to invest in its growth plans that involves expanding market share in the education financing sector, improve customer experiences and maintain sustained growth.Amit Gainda,...

Subko, a speciality coffee roasters and bake house has raised $10 million to add new talent pool, enriching tech-enabled customer experiences, fortify research and development in product design. The funding will also enable the firm to scale farm-level infrastructure...

Financial advice and capital provider Ambit Finvest has secured a strategic investment of Rs 690 crore from a Japanese securities group and other existing investors. The fresh capital is aimed to accelerate its market presence and fuel next phase...

In the latest wave of investment activity within the Indian startup ecosystem, 22 innovative ventures secured a total funding of over $447 million, marking a significant stride in the country's entrepreneurial landscape. These developments were reported by Entrackr.Entrackr's report...

AI and ML Startup Amlgo Labs Private Limited has divested 6.4% stake to Maruti Suzuki India Limited has picked up 6.44% for Rs 1.99 crore. The investment by Maruti Suzuki is being made through the Maruti Suzuki Innovation Fund,...

Alphatron Capital which closed its debut fund with $30 million would focus on start-ups engaged in enterprise SaaS (software-as-a-service), fintech, health tech, AI/ML, digital content, and direct-to-consumer (D2C) sectors.Alphatron has so far invested in 11 funds, including Blume, 3one4...

Optimo Loan has raised $10 million in seed funding. The MSME lending tech startup for rural India, intends to use the fresh capital to widen its business and footprints to 20 locations in rural India, enhance technology, and recruit...