Funding Alert
BluSmart’s Smart $24Mn Investment to Build Large EV Charging Superhubs
BluSmart, a mobility startup has secured $24 million (Rs 200 crore) in a new equity round, to build large-scale EV charging superhubs, propeling the growth of its electric ride-hailing service.The firm is also establishing an integrated energy-infrastructure-mobility and technology...
Funding Alert
Blume Ventures Fund I Blooms: Targets 6x Gross Return by 2024
Blume Ventures, a robust early-stage venture capital firm, is basking in the success of its maiden fund launched in 2011, reaping a remarkable 5x gross return. The company has set its sights on an even greater 6x return by...
Funding Alert
Farmley Secures $6.7Mn to Make its Snacks Innovative, and Popular
Farmley (TechnifyBiz), a snacking business has secured $6.7 million to invest in innovation, expanding distribution channels, and brand-building efforts."These funds will play a pivotal role in fueling our product innovation efforts, in diversifying distribution channels and in amplifying the...
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...
Funding Alert
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...
Funding Alert
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,...
Funding Alert
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...
Funding Alert
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)...
Funding Alert
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...
Funding Alert
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...
Recent News
Indian Startup OrbitAID Sets New Satellite Servicing Benchmark
December 23, 2024: OrbitAID Aerospace, an innovative startup focused on satellite servicing, has successfully tested its groundbreaking Standard Interface...
