Funding Alert

ConveGenius Secures $7Mn to Onboard 200Mn SwiftChat Users

ConveGenius has raised $7 million (Rs 58 crore) as a part of a growth fundraising strategy targeted at accelerating the generative AI capabilities of SwiftChat and facilitating expansion into international markets.The Noida-based Edtech startup's conversational AI platform SwiftChat is...

Upekkha’s $40Mn Fund to invest in 70 Early Stage Startups

Upekkha, an AI SaaS Fund & Accelerator, for Indian Founders achieved the first close of its $40 million Upekkha Fund at $15 million. The fund aims to deploy the fresh capital raised in over 70 early-stage startups in 2024,...

What are some alternative funding options for startups in 2024?

Finding funding options is always a challenge for a startup. The startup landscape is constantly evolving, and with the rise of innovative business ideas, entrepreneurs are increasingly seeking alternative funding options to bring their ideas to life.In this...

CureBay to Invest ₹62Cr to Set Up 200 New Clinics in 3 Cities

CureBay, a primary healthcare services startup focused underserved, untapped regions of India, has secured Rs 62 Cr to expand access to remote regions in need of Doctors and nursing care.CureBay has set a growth target to expand its clinic...

VinFast’s $2Bn Investment in India a Big Boost to EV Ecosystem

Vietnamese automaker VinFast has announced its plans to invest $2 billion in setting up an electric vehicle (EV) plant in Tamil Nadu, India. This strategic move aims to establish a strong foothold in the Indian market and position VinFast...

India’s PE-Venture Capital Funding Records Lowest Value in 5 Years

In a notable downturn for India's financial landscape, the realm of private equity (PE) and venture capital (VC) investments witnessed a significant slump in 2023, plummeting to a five-year low.The insights stem from comprehensive research conducted by Venture...

VRO Hospitality Infuses $10Mn to Launch Services in New Territories

VRO Hospitality has raised $10 million to expand its brand across India, expand operations, and accelerate product development as well as establish services in newer territories.VRO Hospitality owns and runs 40 fine-dining outlets, comprising upscale lounges and restaurants, in...

Alteria Capital Pumps Rs 1,307Cr into Indian Startups, Foresees Brighter 2024

Mumbai's venture debt firm, Alteria Capital, marked a significant stride in 2023, closing 107 transactions across 91 companies and committing a notable sum of Rs 1,510 crore, further reinforcing its robust support for India's startup ecosystem. This commitment saw...

We Founder Circle Eyes Doubling Startup Investments in 2024

Investment firm We Founder Circle (WFC) has claimed that the firm has become the country's largest angel investor network in 2023, with investments in 103 deals encompassing 82 startups, cementing its position as a pivotal player in India's startup...

Nephrocare India Raise Money to Open 22 New Renal Care Centers

Nephrocare India, has secured Rs 8.08 crore in its pre-IPO round to bridge the growing need for renal care in India, the company revealed on Friday.The fresh investment will help accomplish Nephrocare India's target of setting up 22 high-end...

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