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Startup Melorra Raises $16M, to Launch New Jewellery Experience Centers

Startup Melorra, a Jewellery firm announced that it has closed a $16 million Series D round from Axis Growth Avenues AIF-I, SRF Family Office,N+1 and existing investors.The startup, whose valuation has doubled, plans to invest the fresh capital for...

Eight Road Ventures New $250M India Focused Fund to invest in Healthcare, Life Sciences Sector

Eight Road Ventures India, a venture capital firm backed by Fidelity has announced its first India-focused healthcare and life sciences fund of $250 million. The new fund plans to invest in 15 to 20 firms, ranging from smaller investments...

IIMV Supers, a New Startup Policy to Foster Student Entrepreneurship

IIMV Supers (Smart Undeterred Passionate Entrepreneurs among Resident Students) programme for the students of IIM Vishakhapatnam flagship residential PGP (MBA) programme, announced under a new startup policy initiative by the institute, is designed to foster entrepreneurship among PGP resident...

BLinC Fund II to invest in New Indian Edtech, Fintech Startups with $1B Market Potential

BLinC Fund II's plans to invest in early-stage Indian Edtech and fintech companies with a ready product at the startup stage, and help them achieve future scale. The plan is to include investment aid , Rs 2 crore+ revenue...

Funding Round up: 34 New Deals this week in India

Funding Round Up, The Indian Startup Funding Weekly Update May 2022: This week, Indian startup eco system received $344 million in funding across 34 deals, down 35% from the previous week's $532 million.The Indian startup ecosystem lacked the energy in...

Trifecta Capital $400M Venture Debt Benefits More Than 100 Startups

Trifecta Capital announced today that it has invested $400 Million ( approx Rs 3100 Cr) across 101 startups through its three, Fund-I, Fund-II, and Fund-III venture debt funds. This is in addition to the firm's commitments to invest over...

Ather Energy Secures $128 M to Expand R&D, EV Manufacturing Facilities

Leading electric two wheeler company Ather Energy, has chalked out fresh growth plans that include R&D and EV Production Facilities expansion. To fulfil this ambition it has raised $128 million in Series E round of funding led by National...

Artha India to Fund 25 New Startups in Next 2 Years, After Badili Investment

Badili, a startup in Africa has got investment backing from Artha India Ventures (AIV). This is the first investment from the well-established family office of Ashok Kumar Damani, as a pre-seed investment. Badili, is Africa's first online buy-back platform...

Razorpay Big ESOP Liquidation Event of $75M Opens for 650 Employees

Razorpay on Tuesday declared its fourth and largest liquidity event for Employee Stock Ownership Plan (ESOP) for $75 million (Rs 578 crore).The liquidation event—which will conclude over the next few weeks—is open to Razorpay's current and former 650 employees,...

9Unicorns invests in more than 100 idea, and product startups

9Unicorns, a leading startup builder has invested in over 100 idea and product startups, to create a new benchmark in early stage startup seed funding. The fund which claims to be India's first stage and sector agnostic accelerator VC...

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