Funding Alert

GoMechanic Gets Fresh Capital Infusion of $6Mn; Engineers New Plans

GoMechanic, has secured $6 million in fresh capital to expand its market share in new and unserved regions.It will also extend services in different formats by establishing new workshops and franchises.GoMechanic Co-founder Amit Bhasin admitted to financial misreporting in...

Zepto Funding Bag Swells with $31.25 Mn; Sets Ambitious Growth Goals

Zepto has chalked out aggressive growth plans in multi-cities, to fuel its growth ambitions the company has raised an additional $31.25 million from Goodwater Capital and Nexus Venture Partners as part of its Series E funding round.This fund infusion...

Xpressbees Secures $80Mn to Drive Logistics Platform Adoption

Xpressbees has secured $80 million from Teachers’ Venture Growth (TVG). TVG, which invests in late-stage venture and growth equity investments. Pune-based logistics firm will deploy the fresh capital to accelerate its ambitious future plans.This investment is part of the...

Sequretek Secures a Promising Future with $8Mn Funding

Sequretek, a cybersecurity solutions provider annouced today that it has secured $8 million to scale its global operations and go-to-market strategies.Furthemore, the fresh infusion of capital will accelerate higher adoption of cybersecurity solutions for customers in India and other...

Euler Motors Steps up Growth Pedestal with ₹120 Cr Funding

Euler Motors, an Indian electric vehicle (EV) manufacturer, announced on Sunday that it has raised Rs 120 crore to drive its next phase of business and charging newtwork.With the newly acquired funds ,Euler Motors has set ambitious goals to...

BlackSoil Strikes 11 New Deals Worth $44 Million in Q2 FY24

In an impressive move, BlackSoil, an alternative credit platform, announced the deployment of approximately $44 million (equivalent to around Rs 350 crore) across 11 new deals in the second quarter of the financial year 2024 (Q2 FY24).This significant investment...

VC Ivy Growth $30Mn Fund to Nurture Sustainable Startups

Ivy Growth Associates, a micro VC firm based in Surat, announced its plans to launch a $30 million VC fund, IVY Growth Fund, by FY24-25.The fund will cater to startups with revenue and traction, especially in the sectors of...

Fibmold Raises $10Mn to Help Brands Kill Plastic Pollution

Sustainable Packaging Startup Fibmold, has raised $10 million to eliminate global brands reliance on single-use plastics. This funding round is aimed to propel the company as a frontrunner in the sustainable materials industryFounded in October 2022 by serial entrepreneurs...

Skyroot Aerospace Gains Fresh $27.5M Funding, Sets Sights On Commercial Satellite Launches

In a significant development for the Indian space technology landscape, Hyderabad-based spacetech startup Skyroot Aerospace announced on August 30 that it had successfully secured $27.5 million in a pre-series C funding round.The funding was led by Temasek, underscoring...

100X.VC Backs 15 New Startups with $2.3Mn iSAFE Funding

100X.VC has backed 15 startups in its 10th group with $2.3 million, opting for iSAFE notes, a method they successfully adopted in 2019. With iSAFE notes, investors invest money now with the possibility of converting it into shares later.An...

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