Funding Alert

EV charging startup, Charge Zone, has raised $54 million in its latest Series A1 funding round. The Ahmedabad based company plans to use the funds to finance an immediate rollout of 286 charging stations, serving 1,130 e-buses and e-trucks,...

Kabira Mobility, an electric two-wheeler maker based in Panjim, has raised $50 million (around Rs 412 crore) funding from Qatar-based Al-Abdulla Group to fund its future growth in the country. The company currently has an installed production capacity of...

PhonePe, the Indian digital payment and financial services unicorn, has raised an additional $200 million in primary funding from Walmart at a pre-money valuation of $12 billion. This brings the total amount raised by PhonePe to $650 million from...

Gaming platform BuyStars has raised $5 million in a pre-Series A funding round led by Lumikai. Other investors like Chiratae and Leo Capital also participated in the round. The company said it will use the fresh funds to launch...

Solartech and financing platform Aerem has raised $5 million in its pre-series A round led by Avaana Capital, with Blume Ventures participating.Aerem plans to use the funds to expand its operations and tackle solar energy adoption in India....

HealthPlix Technologies, a Bengaluru-based healthtech startup, has raised $22 million in a recent Series C funding round. HealthPlix, which was founded in 2014, provides a digital technology platform for doctors to easily access their patient's health records, resulting in...

Legaltech startup FIGHTRIGHT Technologies has launched a Rs 100 crore fund, allowing investors to fund commercial litigations using AI and ML-backed analytics. The fund, which is a special purpose vehicle, will invest in 15-20 commercial cases with an average...

The Ayurveda Co, a beauty and wellness company founded in 2020 by Shreedha Singh and Param Bhargava, has raised $12.2 million (Rs 100 crore). Sixth Sense Ventures led the funding round, with participation from notable startup founders, venture debt...

Bira91, the fourth-largest beer company in India, has secured a $10 million investment from MUFG Bank, Japan's largest bank. The funds will be used to ramp up production, supply chain, and enhance innovation capabilities, according to a company statement.With...

GIVA Jewellery has chalked out pans to expand its product lines and also make inroads into new market. As part of its expansion plan, the startup has raised a venture debt fund from Alteria Capital amounting to Rs 40...