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Ubharte Sitaare Fund Has Rs 285 Cr to Invest in Firms Preparing to Go Global
Ubharte Sitaare Fund (USF) promoted by SIDBI Venture Capital Limited (SVCL) on Wednesday announced the first close of Rs 285 crore for its Rs 500 crore USF to help companies preparing to go global.USF is an MSME-focused CAT II...
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Startup Aquaconnect New Expansion Plans to Benefit Fish, Shrimp Farmers
Aquaconnect, has raised Rs 60 core in venture debt round of funding led by Trifecta Capital. The tech driven aquaculture focused startup, through this funding aims to strengthen its presence in the Indian market.The plans include expansion of...
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Micro VC Gemba Capital to Invest in 8 New Startups
Micro VC Gemba Capital, which has till now invested in 33 startups and has a funding ticket size of $200,000 per company, plans to invest in another 8 new startups.Furthermore, Gemba Capital expects to declare the final close of...
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Ola Electric, Others to Benefit from Govt’s Going Green Incentives
Ola Electric and many other firms which are going green in India stands to benefit in a big way from the Government of India PLI scheme to promote Green Energy.India has sharpened its focus on ensuring a domestic...
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LILA Games To Develop F2P Shooter Game With New $10M Fund
LILA Games, an F2P mobile game studio on Wednesday stated it has raised a $10 million Series A funding to develop its F2P Shooter Game Titles. The funding round was led by Rainfall Ventures. Bitkraft Ventures, Galaxy Interactive, Sequoia...
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Media Tech Unicorn Amagi Records 108 Percent Growth; Raises $95M
Media Tech Unicorn Amagi, a Cloud-based SaaS technology firm announced today it has raised $95 million in a funding round led by Accel with participation from existing investors Norwest Venture Partners and Avataar Ventures. The startup has also announced...
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Bluestone Secures $30M; To Open 300 Stores by 2024
Omni Channel Jewellery Seller Bluestone announced today that it has raised $30 million in funding at a valuation of $410 million from Sunil Kant Munjal, Chairman, Hero Enterprise. The company plans to open 300 new stores by 2024.The fresh...
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Rs. 500Cr Fund Bonanza For Climate Action Startups in Gujarat
Climate Action Startups have something to cheer in the state of Gujarat. Under a new initiative to reduce carbon emission and improve green cover, Gujarat’s climate change department has recently announced a INR 500 Cr for climate action startups...
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Ferns N Petals to invest Rs 200 Cr to Better Online Gifting Experience
Ferns N Petals, plans to improve online gifting experience for its customers. The company has raised Rs. 200 Crore ( approx $27 Million) from Lighthouse India Fund III to expand business and enhance customer experience.The fresh funds will...
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Ninjacart Making the Right Growth Moves, Acquires Tecxprt
Ninjacart has made a the next big business move and has announced the acquisition of Tecxprt for an undisclosed amount. This will enable the company to leverage Tecxprt’s rich technology suite to digitise its operations and streamline communication within...
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Biotech Startups Record 17,900% Growth Over the Last Decade
December 23, 2024: India’s biotech startups ecosystem has witnessed explosive growth over the past decade, expanding from just 50...