Startupstars

OLA Electric to invest $500M on a new battery innovation hub

EV startup Ola Electric announced today (Monday, July 18) that it will invest $500 Mn to establish its Battery Innovation Center (BIC) in Bengaluru, an R&D facility for electric vehicle (EV) battery cells. It is also planning to hire...

Startup 5ire is the new blockchain unicorn worth $1.5B

Blockchain Startup 5ire has attracted $100 Million from the UK-based conglomerate SRAM & MRAM Group turning it into the 105th unicorn in India and the 20th this year. 5ire has a valuation of $1.5 billion.The company claims, it is...

GetVantage secures $36M to expand its product suite and explore new markets

GetVantage, has raised $36 million in a growth round to grow its performance based financing solution and embedded finance product.Furthermore, the company enhance technology infrastructure, scale its product suite and expand growing portfolio of business-to-business SaaS and subscription-driven...

Immuneel Therapeutics Raises $15M to Develop New Cell Therapies

Cell and Gene therapy startup Immuneel Therapeutics has announced raising $15 million in a Series A funding round. The round was co-led by existing investors Eight Roads Ventures, True North Fund VI LLP, and F-Prime Capital. Other investors also...

Telangana to Build India’s First AMOLED Display Fab Plant

Telangana will build the country's first AMOLED display fab plant, this was announced by the IT Minister KT Rama Rao in Bangalore. The State Government has inked a pact with Elest, a subsidiary of gold retailer Rajesh Exports, which...

High Street Essentials Designs Rs 40 Cr Plan to Enter New Fashion Streets

High Street Essentials, announced that Rs 40 Cr new round of funding raised from Stride Ventures this week will be invested in launching a new range of fashion line over the next four to six months. It also stated...

GreyOrange to invest $100M, add new talents, boost tech leadership

Startup GreyOrange, that provides AI cloud software and robotic automation has raised $110 million to advance technological leadership, fund global expansion, and further the adoption of its products.The startup will further use the debt funding from BlackRock to...

GoKwik Sets in Motion a Quick Growth Path, Secures $35M

GoKwik on Wednesday said it secured $35 million, to develop tech solutions for large marketplaces, and omnichannel players and continue expansion in the D2C market.The Series B funding round was led by Think Investments, along with existing investors Sequoia...

India is the hub for new wave of promising Unicorns

India is becoming the hub for new wave of promising unicorns, the number reached an all-time high with Neobank Open becoming the 100th unicorn in the country. The Ministry of Commerce & Industry stated, 1 out of every 10...

Redcliffe Raises $61M, to set up many new affordable diagnostics labs in India

Redcliffe Labs, a diagnostic platform which raised $61 million this week aims invest the funds to expand its affordable but diagnostics, pathology services into Tier-II, III, and IV cities. The company believes it will provide affordable, rapid, and convenient...

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