Funding Alert

Scope’s New $45M VC Fund to Foster Gaming, Fintech Startups

Networking Platform SCOPE, made for the startup ecosystem, on Tuesday launched a $45 million venture capital fund focused on driving innovation in the fast-evolving fintech and gaming sectors.This strategic initiative defines the invite only platform SCOPE's purpose to foster...

Fasal to Plough ₹100Cr to Grow Vast Climate-Smart Horticulture

Fasal, a climate-smart horticulture startup has secured Rs 100 crore in a Series A funding to expand its horticulture cultivation to 500,000 acres.Shailendra Tiwari, Founder and CEO of Fasal, said "With this capital infusion, we plan to expand Fasal’s...

Kitchens@ Cooks Up a $65M Menu to Boost ‘Dinerium’ Growth

Kitchens@ has embarked on a growth momentum with plans to expand their hybrid cloud kitchen model Dinerium. To fund this plan it has raised $65 Million from a London-based growth investment firm Finnest in a Series C funding. Dinerium...

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...

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...

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...

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...

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...

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,...

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...

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