Funding Alert

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...

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...

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...

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 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...

Ola Electric has secured Rs 3,200 crore in equity and debt funding to invest in the expansion of its electric vehicle business. The e-scooter maker added it will use the funds to also set up its lithium-ion cell manufacturing...

Blubirch, a Software as a Service startup has raised $6.37 million to propel growth initiatives, expanding its footprints in retailer marketplaces and OEM ecosystems in India also foray into the Middle East and Southeast Asia regions.Founded in 2014 by...

PMI Electro Mobility, a dominant player in the electric vehicle sector, has raised a Rs 250 crore in a recent funding round.The company's latest infusion of funds through the Performing Credit Fund, which maintains an agnostic stance towards...

Inc.5 Shoes, a popular name in the Indian footwear industry, has successfully raised a $10 million in its recent Series A funding round, to amplify the brand's online and offline presence, including the expansion of its store count.Additionally, the...

Freight Tiger, a digital platform in the logistics attracting Rs 150 crore from Tata Motors, securing an impressive 26.79% stake in the company is a significant boost to the logistics sector and adds strong momemtum for ther companys' growth...