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...
Startupstars
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...
Startupstars
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...
Startupstars
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...
Startupstars
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...
Startupstars
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...
Startupstars
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...
Startupstars
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...
Startupstars
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...
Startupstars
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...
Recent News
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...