Funding Alert

Harmony Organics Formulates ₹225 Cr Expansion with New Fund Infusion

Harmony Organics on Monday has raised Rs 225 crore from Piramal Alternatives, the fund management business of the Piramal Group, to intensify its foray into emerging global market opportunities in the fragrance and flavour industry.Sandeep Mehta, Managing Director and...

Pi Ventures New Fund Surpass Target, Closes at ₹702 Cr

Pi Ventures, an early stage venture capital firm has revealed today the final closure of its second fund with a total commitment of Rs 702 crore surpassing its goal of Rs 565 crore.The venture capital firm primarily invests in...

FincFriends to Deploy $3.5Mn to Accelerate Growth and Customer Acquisition Plans

FincFriends has secured $3.5 million, to accelerate growth plans, scale operations, expand product offerings, and further efforts to drive financial inclusion in emerging markets, said the Gurugram-based company.The company, a captive NBFC of RupeeRedee plans to disburse loans worth...

Wiom Secures ₹140 Cr to Connect New Markets, and Consumers

Affordable internet provider Wiom has secured Rs 140 crore (~$17 million) in a Series A round led by RTP Global. It plans to use the funds to grow, penetrate into deeper markets in India, further invest in acquiring highly...

Together Fund to deploy $150M from New Corpus Fund II in Q1 2024

Bengaluru-based early-stage venture capital fund, Together Fund, achieves the first close of its $150 million fund, supported by investors from India and the US. Deployment of the new fund will begin in Q1 2024, with the final close anticipated...

Ethereal Machines Set to Spiral to New Heights in Global Operations with $7.3Mn Investment

Ethereal Machines, which makes precision engineering parts perform faster, has secured $7.3 million to rev up its operations and serve to newer high-end engineering applications locally and internationally.Kaushik Mudda, co-founder of Ethereal Machines says “For India to be a...

Ati Motors Raises $10.85 Mn to Rev Up Global Adoption of Autonomous Industrial Robots

Ati Motors, an autonomous industrial robots manufacturer has successfully raised $10.85 million in a Series A funding to accelerate its global expansion plans, targeting strategic markets in the US, Southeast Asia, and Mexico. Additionally, the company aims to venture...

Ascend Capital Bets Big on Mobility Finance Opportunity; to Raise ₹500 Cr

Ascend Capital, the mobility finance company plans to secure Rs 500 crore over the next 18 months as it seek to fund more than one million electric commercial vehicles by 2030, the company said in a statement.The founder of...

Crypto Startups Thrive Despite Regulatory Scrutiny in the US: Latest Research Reveals

The crypto startups scenario still holds promise despite regulatory scrutiny. Cryptocurrency industry in the United States continues to display resilience and innovation even in the face of regulatory scrutiny, according to a recent research report by Galaxy Digital, a...

Zluri Secures $20Mn for New SaaS Markets Foray, Accelerate Growth

Zluri, a San Francisco and Bengaluru-based tech startup focused on SaaS management, has successfully secured $20 million in a Series B funding round. The Funds will accelerate growth and operations in new markets and expand go-to-marketing teams.Founded in 2020,...

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