Funding Alert

Nazara Invests in Snax Games, Gains Exclusive Publishing Rights

Gaming & Sports media platform Nazara Technologies, has invested about Rs 4.15 crore ($500,000) through its subsidiary, Nazara PTE Ltd, in Snax Games Ltd, an Israeli game developer. Through this investment Nazara gains exclusive publishing rights for Snax Games'...

Stable Money Secures $5 Mn to fast-track all-round growth

Fixed Return Investment platform Stable Money has secured $5 million, to accelerate top management acquistion, ink financial partnership, new technology development as well as develop a mobile app for diversified fixed return investment opportunities.Stable Money was founded in 2022...

Credgenics secures $50 Mn in a quest for global expansion and new product innovation

SaaS platform Credgenics has secured a fresh round of investment amounting to $50 million at a valuation of $340 million. It plans to deploy the funds for product innovation and international expansion and to tap into other BFSI (banking,...

Waaree Energies to invest ₹1000 Cr to Aid New 6 GW Capacity Expansion

Waaree Energies, the green energy producer has secured Rs 1,000 crore in a funding round led by investment firm ValueQuest.Founded in 1989 with headquarters in Mumbai, India. Waaree Energy is today one of the largest vertically integrated new energy...

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...

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