Funding Alert

New Drone Policy has potential to increase VC Investments in Drone Startups

Venture capitalists interest to fund Indian drone startups looks promising after the government recently introduced liberalised regulations for the sector and a Rs 120-crore production linked incentive (PLI) scheme to boost manufacturing, a senior government official said.The government has...

Cars24 Secures $450 Million from Tencent, SoftBank, and others

Cars24 announced that it has raised $450 million in equity and debt round from SoftBank, Tencent, DST Global, Falcon Edge’s Alpha Wave Incubation and others. According to the company, several individuals including DoorDash chief executive Tony Xu, US hedge fund...

Dhan investing app for early access launched

Fintech startup founded by Paytm Money's former chief executive officer Pravin Jadhav, has launched its Dhan app on Android and iOS for early access to users."We have started rolling out invites to users who signed up for early access,"...

Startup Paytail Secures $1.5M funding, bets on Fintech Innovation

Fintech startup Paytail on Thursday revealed that it has raised $1.5 million from Cholamandalam and other marquee angel investors as part of its seed round. Chola’s entry on will further strengthen the capital supply on the platform, which is...

Pine Labs Raises $100 Mn from Invesco DMF Fund

Merchant commerce platform Pine Labs is on a fundraising spree before its public listing in the US. After raising $600 million, the company has raised $100 million from Invesco Developing Markets Fund.The fresh funding has come at a time...

Fintech Startup Bright Money, secures $31M

On Thursday, startup Bright Money announced its launch armed with a fund raise of $31 million from Sequoia Capital India, Falcon Edge Capital, and Hummingbird Ventures.The startup has also assembled a strong set of angel investors, including Naveen Tewari...

BharatAgri raises $6.5 Million in Series A

BharatAgri (formerly LeanAgri), a digital farm advisory startup, has raised $6.5 million in its Series A round led by Omnivore. Existing backers such as India Quotient and 021 Capital have also participated in the round.According to the Bengaluru-based startup,...

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