Funding Alert

EPACK Durable , an Outsourced Design Manufacturers (ODM) of Room Air Conditioners (RAC), has announced a second round of capital infusion of $40 million led by Affirma Capital.Epack Durable boasts an installed capacity of over 2.4 million RAC and...

Tech startup Sigmoid, to further grow its market share, and foray into new data industry segments, has secured $12 million in a Series B round from Sequoia Capital India—in a mix of primary and secondary funding.The new round of...

Nobel Hygiene has raised Rs 132 crore from its current investor Sixth Sense Ventures, a domestic consumer-focused startup fund. The money will help Nobel Hygiene achieve its goal of dominating the market for absorption hygiene products.According to a statement,...

91Squarefeet raised $10 million in a Series A round to strengthen on-ground service and further develop the product, among other things.The funding was led by Stellaris Venture Partners. Existing investors including US-based Y-Combinator, Betatron Venture Group, a Hong Kong-based...

Yulu, a startup in shared mobility, has raised $82 million (about Rs. 653 crore) in a Series B fundraising round that was spearheaded by Magna International Inc., a mobility technology business.In the following 12 months, Yulu will expand its...

Bessemer Venture Partners on Friday announced the closing of $4.6 billion in new capital across two funds—$3.85 billion for its 12th flagship fund BVP XII and $780 million for its inaugural BVP Forge fund.According to a statement, the two...

Lucidity, a cloud storage orchestration platform, announced today that it has raised $5.3 million to accomplish its “NoOps” for cloud storage global expansion plans.Nitin Bhadauria, co-founder of Lucidity, said: “Post the pandemic, businesses flocked aggressively to the cloud to...

NetraDyne, the US- and Bengaluru-based SaaS startup has raised $65 million in a combination of senior and junior mezzanine financing from Silicon Valley Bank (SVB).The startup offers artificial intelligence and edge computing to focus on driver and fleet safety.According...

Akshayakalpa Organic, has secured $15 million in Series B round of funding from existing and new investors to expand into new markets and serve more customers.Akshayakalpa plans to invest in Bengaluru, Chennai, and Hyderabad markets, expand into new geographies...

StayVista, has raised over Rs 40 crore in a round led by DSG Consumer Partners with participation from Capri Global and CA Holdings.The new investments will help widen its footprint across the India and reaffirm its position into a...