Funding Alert

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,...

Actor Suniel Shetty adds New Grip to Regrip, Invests in its future

Bollywood actor Suniel Shetty announced a strategic investment in Regrip, a Gurugram-based re-engineered tyre startup that aims to revolutionize the market with its sustainable approach. Regrip utilizes quality-grade rubber to manufacture refurbished tyres through the innovative process of shearing...

Fold Health Secures $6Mn to amplify primary care with unique outcome based payment models

Fold Health, which claims to be the the first operating system designed to supercharge outcomes-based care has successfully raised an impressive $6 million in a recent funding round led by Iron Pillar, cementing its position as a leading player...

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