| Date | Title | Description |
| 31.08.2024 | Brewing Success: Blue Tokai's Bold Expansion with $35 Million Investment | In the bustling world of coffee, Blue Tokai Coffee Roasters is making waves. The Indian specialty coffee brand recently secured a significant $35 million investment led by Verlinvest, a Belgian investment firm known for its consumer-focused... |
| 31.08.2024 | Blue Tokai raises $35 Mn in Series C led by Verlinvest | Global investment platform Verlinvest has led a $35 million round in specialty coffee and bakery brand Blue Tokai. Existing investors Anicut Capital and A91 Partners also joined the Series C funding.
This strategic partnership will enable B... |
| 30.08.2024 | Agritech startup AGRIM raises $17.3 Mn in Series B round | AGRIM, a B2B platform for agri-inputs, has secured $17.3 million in its Series B funding round led by Asia Impact, with participation from existing investors such as Kalaari, India Quotient, Omnivore, and Accion Venture Lab.
AGRIM will use ... |
| 28.08.2024 | HouseEazy's Rise and Exotel's Fall: A Tale of Two Startups | In the bustling world of startups, fortunes can shift like sand. One moment, a company is basking in the glow of investment; the next, it’s grappling with the fallout of a data breach. This week, two contrasting narratives emerged from the ... |
| 28.08.2024 | Dailyhunt-parent VerSe acquires digital marketing firm Valueleaf | VerSe Innovation, the parent company of vernacular news aggregator Dailyhunt and Josh, has acquired digital marketing firm Valueleaf Group in a cash and equity deal.
This move is expected to boost VerSe’s growth, with projected additional r... |
| 27.08.2024 | BigBasket to completely pivot to quick commerce | Tata Digital-owned grocery marketplace BigBasket is planning to pivot its business entirely to quick commerce. The move appears to be an attempt to chase opportunity in the 10-15 minutes grocery delivery space, which has been growing at a f... |
| 26.08.2024 | Exclusive: Customer conversation platform Exotel suffers data breach | Customer conversation platform Exotel has suffered a data breach that may have compromised details of its clients, sources familiar with the matter told Entrackr.
“A massive data breach was reported on Friday which happened last week. Exote... |
| 26.08.2024 | Update: Proptech startup HouseEazy raises $7 Mn in Series A | Update: HouseEazy, a full stack marketplace for resale homes, has raised $7 million in Series A funding. This round was a mix of equity and debt led by Chiratae Ventures and saw participation from Alteria Capital and existing investor Antle... |
| 22.08.2024 | Livpure's Bold Leap: A New Era in Home Solutions | Livpure is making waves. The water purifier and air conditioner manufacturer has just secured a hefty Rs 233 crore (approximately $28 million) in funding. This financial boost comes from M&G Investments and Ncubate Capital Partners. It’... |
| 21.08.2024 | Livpure raises $28 Mn from M&G Investments and Ncubate Capital | Water purifiers and air conditioners manufacturer Livpure has scooped up Rs 208 crore ($25 million) in funding from M&G Investments through its Catalyst investment strategy, and around Rs 25 crore ($3 million) from Ncubate Capital Partn... |
| 14.08.2024 | Ather Energy: A New Unicorn in the Electric Revolution | Ather Energy has officially joined the unicorn club, a coveted status that signifies a valuation of over $1 billion. The Bengaluru-based electric scooter manufacturer secured $71 million from the National Investment and Infrastructure Fund ... |
| 14.08.2024 | Exclusive: Ecom Express board approves Rs 2,600 Cr IPO | Logistics firm Ecom Express appears close to file draft red herring prospectus as it has received board’s approval for initial public offering worth Rs 2,600 crore via a mix of fresh issue and offer for sale.
The board at Ecom Express has p... |
| 13.08.2024 | Ather joins unicorn club with $71 Mn from existing backer NIIF | Electric scooter manufacturer Ather Energy has entered the unicorn club as the Bengaluru-based firm scooped up $71 million from existing investor National Investment and Infrastructure Fund (NIIF).
Sources close to the firm indicate that At... |
| 13.08.2024 | ixigo-backed Fresh Bus raises $10.5 Mn in Series A round | All-electric intercity bus startup Fresh Bus has raised Rs 87.5 crore ($10.5 million) in Series A funding round led by international early-stage transportation-focused VC fund Maniv, with participation from Shell Ventures, Alteria Capital, ... |
| 12.08.2024 | Wealthtech firm Neo raises $48 Mn led by MUFG, Euclidean Capital | Wealth and asset management firm Neo has raised Rs 400 crore or $48 million in Series B round led by MUFG Bank and New York-based Euclidean Capital LLC. Existing investor Peak XV Partners also participated in this round.
The funds will be u... |
| 04.08.2024 | Exclusive: Alteria infuses Rs 70 Cr debt in Country Delight | Dairy brand and daily essential brand Country Delight has raised Rs 70 crore ($8.45 million) in debt from Alteria Capital. This is the second debt infusion from the investor in the Gurugram-based firm in 2024.
The board at Country Delight h... |
| 01.08.2024 | Update: e-Luna maker Kinetic Green raises $25 Mn from Greater Pacific Capital | Update: Kinetic Green, an Indian electric vehicle (EV) manufacturer, has secured $25 million from Greater Pacific Capital (GPC). This funding is part of a larger $40 million Series A round, marking Kinetic Green’s first external equity rais... |
| 31.07.2024 | API infrastructure platform M2P Fintech to raise $80 M at $900 M valuation: Report | According to three sources with knowledge of the situation, M2P Fintech (formerly Yap), an application programming interface (API) infrastructure platform, is nearing completion to secure a fresh funding round from both new and current inve... |
| 30.07.2024 | Simple Energy Powers Up with $20 Million Series A Funding | In the fast lane of electric vehicles, Simple Energy is revving its engines. The Bengaluru-based startup has secured $20 million in a Series A funding round. This financial boost comes from high-net-worth individuals and family offices, inc... |
| 30.07.2024 | Exclusive: Amazon nears complete acquisition of Axio in all cash deal | E-commerce major Amazon appears to be inches away from its second acquisition in the Indian fintech space, after Emvantage. The company is in advanced discussion to acquire online lending platform Axio (formerly Capital Float), two sources ... |
| 29.07.2024 | EV scooter maker Simple Energy raises $20 Mn in Series A | Electric vehicle and clean energy startup Simple Energy has raised $20 million in its Series A funding round which saw participation from high-net-worth individuals (HNIs) from family offices like the Haran family office, Dr. A Velumani’s f... |
| 29.07.2024 | Exclusive: M2P Fintech to raise $80 Mn at $900 Mn valuation | Application programming interface (API) infrastructure platform M2P Fintech (formerly Yap) is in the final stage to raise a new round from new and existing investors, three sources aware of the details told Entrackr.
The new round will come... |
| 27.07.2024 | The Agritech and Edtech Exodus: A Tale of Layoffs and Shutdowns | The startup landscape in India is undergoing a seismic shift. Agritech and edtech sectors, once seen as fertile ground for innovation, are now facing a harsh winter. Companies like Waycool and Bluelearn are making headlines for all the wron... |
| 27.07.2024 | Exclusive: IPO-bound Ather Energy raises Rs 60 Cr debt | Ather Energy has continued to raise debt funding before its potential public listing. The Bengaluru-based company has raised Rs 60 crore (over $7 million) in debt from Stride Ventures through its trustee Vistra ITCL.
This is the second debt... |
| 26.07.2024 | Agritech firm Waycool lays off more than 200 employees | Agriculture supply chain firm Waycool has laid off over 200 employees across departments as the company eyes profitability. This is the third round of layoffs at the Chennai-based company.
“Each of WayCool’s businesses is executing their pl... |
| 21.07.2024 | Edtech startup Bluelearn shuts operations, to return 70% of capital | Social learning platform Bluelearn on Sunday announced that it has shut down its operations as the firm found it tough to grow fast. The three-year-old firm will return 70% of the capital it raised to its investors.
The Bengaluru-based star... |
| 21.07.2024 | Exclusive: Wealthtech startup Stable Money raises $15 Mn in new round | Wealthtech startup Stable Money has raised over Rs 123 crore nearly $15 million in a new round from RTP Capital, Lightspeed India, and Matrix Partner. The Bengaluru-based company has become one of the few startups to close two rounds within... |
| 19.07.2024 | Exclusive: Slice concludes $30 Mn debt round from existing investor | Consumer lending and payments startup Slice has raised Rs 65 crore (nearly $8 million) in debt from Neo Markets. This is the second debt investment for the Bengaluru-based company this year.
The board at Slice has passed a special resolutio... |
| 19.07.2024 | Exclusive: Moneyview set to turn unicorn in Series F round | Tech-enabled lending platform Moneyview is likely to turn into a unicorn as the Bengaluru-based firm appears close to finalizing a new round from new and existing investors, said two people familiar with details of the ongoing discussions.
... |
| 18.07.2024 | Exclusive: Ixigo-backed FreshBus kicks off Series A round | Ixigo-backed EV bus startup FreshBus has raised Rs 43.7 crore (approximately $5.3 million) in its Series A round. This is the first round of funding for the Bengaluru-based company this year.
The board at Fresh Bus has passed a special reso... |
| 17.07.2024 | Urban Company concludes $63 Mn secondary led by Dharana Capital | Vy Capital’s offshoot Dharana Capital has bought $50 million worth of secondary shares from employees, early investors and founders. Significantly, this transaction is a part of a $63 million secondary round in which Prosus also participate... |
| 12.07.2024 | Exclusive: Infra.Market raises Rs 150 Cr debt led by Yubi | Infra.Market has secured Rs 150 crore (approximately $18 million) in debt financing over the past two months. The debt infusion for the Mumbai-based firm follows the $50 million equity round from the Mars Unicorn Fund — a joint venture of L... |
| 11.07.2024 | Exclusive: Otipy set to raise $10 Mn from new and existing investors | Farm-to-fork firm Otipy is set to mop up fresh capital in an extended series B round from new and existing investors, two sources aware of the matter told Entrackr. The fresh funding will hit the company’s coffers 28 months after it raised ... |
| 10.07.2024 | Exclusive: Gen AI startup Simplismart to raise $7 Mn led by Accel | Generative artificial intelligence startup Simplismart is all set to raise a new round led by Accel, two sources aware of the matter told Entrackr. The Bengaluru-based startup will join a growing list of generative AI startups which have ra... |
| 08.07.2024 | Exclusive: PhysicsWallah set to raise $150 Mn at $2.8 Bn valuation | While the edtech space has been going through a long spell of the so-called ‘funding winter’, PhysicsWallah (PW) appears close to raising a new large round. Fresh funding will be led by new investors whereas existing investors including Wes... |
| 08.07.2024 | Goat Brand Labs raises $21 Mn in debt and equity | E-commerce roll up company Goat Brand Labs has raised $21 million in debt and equity from investors including BlackRock, Mayfield, NB Ventures, and others. The fresh funding has come after a gap of more than two years for the Bengaluru-base... |
| 08.07.2024 | Exclusive: OfBusiness revenue nears Rs 20,000 Cr in FY24; profits crosses Rs 600 Cr | Following a 2X jump in scale during FY23, industrial goods and services procurement platform OfBusiness continued its growth run as its revenue grew by 25.8% in the fiscal year ending March 2024. At the same time, the firm’s profit spiked b... |
| 06.07.2024 | Exclusive: Smartworks converts into public company | Co-working space solutions provider Smartworks has converted itself into a public company. This marks the company’s concrete step towards its planned initial public offering (IPO).
The board at Smartworks has approved the resolution to chan... |
| 05.07.2024 | Exclusive: Awign bags $24.5 Mn in series C, Mynavi now holds 73% stake | Awign has raised Rs 203.5 crore or $24.5 million from Japan-based Mynavi Corporation, which will now control a 73% stake in the Bengaluru-based HR tech startup, according to the company’s filings with RoC.
In May, the board at Awign passed ... |
| 04.07.2024 | Unacademy's Layoffs: A Sign of the Times | Unacademy, a prominent player in the Edtech industry, has made the tough decision to lay off 250 employees in a bid to boost productivity. The exact number of affected workers remains undisclosed, but the company's spokesperson emphasized t... |
| 04.07.2024 | Agritech startup Arya.ag raises $29 Mn at valuation of $325 Mn | Agritech startup Arya.ag has raised Rs 242.36 crore approximately ($29.2 million) from existing investors. This is the first round of investment for the Noida-based company since January 2022.
The board Arya.ag has passed a special resoluti... |
| 03.07.2024 | Koo, once hailed as desi Twitter-rival, shuts down | Vernacular microblogging platform Koo has shut down its operations as the company failed to find a buyer, according to the company’s co-founder and chief executive officer Apramyea Radhakrishna’s LinkedIn post.
The shut down was inevitable ... |
| 02.07.2024 | Exclusive: Bike Bazaar raises debt from MAS Financial | Two-wheeler financing and e-commerce platform Bike Bazaar has raised Rs 25 crore (approximately $3 million) in debt from MAS Financial. This is the first debt round for the Pune-based company in 2024.
The board at Bike Bazaar has passed a s... |
| 02.07.2024 | Unacademy lays off 250 employees | Edtech unicorn Unacademy has laid off 250 employees as the company is looking to streamline operations and enhance efficiency.
A company spokesperson confirmed the layoff but did not disclose the actual number of employees getting impacted.... |
| 01.07.2024 | Purplle raises $120 Mn led by ADIA; to buyback ESOPs worth $6 Mn | Online beauty and grooming products marketplace Purplle has raised Rs 1,000 crore (approximately $120 million) in a round led by a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) with participation from other investors.
The... |
| 28.06.2024 | Smartworks Secures Rs 168 Crore in Funding for Expansion and Growth | In a recent development, Smartworks, a leading managed workspace provider, has successfully secured a total of Rs 168 crore in private funding rounds from prominent investors such as Keppel Ltd, Ananta Capital Ventures Fund I, Plutus Capita... |
| 27.06.2024 | Rupeek's Gold Loan Platform Shines Bright with INR 125 Crore Boost | In a significant development for the online gold loan platform Rupeek, the company has successfully secured a substantial INR 125 crore (equivalent to approximately USD 15 million) in primary funding from Elevation Capital. This latest fund... |
| 27.06.2024 | Smartworks raises more than $20 Mn from Keppel and others | Co-working space solutions provider Smartworks has raised Rs 168 crore ($20.24 million) from a group of investors including Keppel, Ananta Capital Ventures Fund I, Plutus Capital, family trusts, and HNIs.
The capital from the fundraise will... |
| 26.06.2024 | Rupeek raises $15 Mn from Elevation; readies for secondary | Online gold loan platform Rupeek has secured Rs 125 crore (approximately $15 million) in primary funding from Elevation Capital. This is the second tranche of the new round in which 360 One Large Fund had already put in $6 million during Ma... |
| 25.06.2024 | IPO-bound Ather converts itself into public entity | Electric scooter manufacturer Ather Energy has converted itself into a public company. This marks the company’s concrete step towards a definitive initial public offering (IPO) plan.
The board at Ather has approved the resolution to change ... |
| 18.06.2024 | Bira 91 closes $50 Mn round from Kirin Holdings and Tiger Pacific | Craft beer maker Bira 91 has raised $25 million via ECB (External Commercial Borrowing) from its existing investor Kirin Holdings. With this infusion, the firm has mopped up $50 million in the past three months. It raised $25 million from T... |
| 14.06.2024 | Ethereal Machines Revolutionizing Precision Manufacturing | Ethereal Machines, a cutting-edge manufacturing startup, recently secured a whopping $13 million in Series A funding from Peak XV Partners and Steadview Capital. This funding will fuel their research and development efforts, the constructio... |
| 13.06.2024 | Ethereal Machines raises $13 Mn led by Peak XV and Steadview | Advanced manufacturing startup Ethereal Machines has raised $13 million in a Series A round led by Peak XV Partners and Steadview Capital. Existing investors Blume Ventures, Enam Investments, and Sandeep Singhal also participated in this ro... |
| 13.06.2024 | Neobank Jupiter receives wallet license from RBI | Neobanking platform Jupiter has received Prepaid Payment Instruments (wallet license) from the Reserve Bank of India (RBI), according to a notification by the apex banking body.
The move will allow Jupiter to offer digital wallets to its us... |
| 12.06.2024 | D2C skincare brand Foxtale scoops up $18 Mn led by Panthera Growth Partners | Foxtale, a direct-to-consumer (D2C) skincare brand, has today announced raising $18 million (approx. Rs 150 crore) in its Series B funding round, led by Singapore-based Panthera Growth Partners. The funding round came after a gap of two yea... |
| 12.06.2024 | Hood launches startup health indicator platform Whistle | Hood, a pseudonymous social networking platform, has announced the launch of ‘Whistle’, a tool designed to provide comprehensive insights into company health, leveraging data from Entrackr and TheKredible.
Whistle offers an overall company ... |
| 11.06.2024 | Battery Smart raises $65 Mn in Series B round | Battery tech startup Battery Smart has scooped up $65 million in Series B round led by LeapFrog Investments. The equity round also saw participation from new and existing investors, including MUFG Bank, Panasonic, Ecosystem Integrity Fund, ... |
| 11.06.2024 | Stoa School has hit pause button but not dead: Co-founder Kunkolienkar | Stoa School, which offers MBA boot camp program, has hit a pause button on its operations and is currently re-evaluating its future course of action, the company co-founder Raj Kunkolienkar told Entrackr.
Stoa has stopped accepting new stud... |
| 07.06.2024 | Hero MotoCorp invests Rs 124 Cr in Ather Energy, now controls nearly 42% stake | Hero MotoCorp has approved the purchase of an additional 2.2% stake in the electric scooter maker Ather Energy for about Rs 124 crore (approximately $15 million). This is the third investment from Hero MotoCorp in the Bengaluru-based compan... |
| 31.05.2024 | Infra.Market divests $20 Mn worth stake in RDC Concrete | Construction goods and services platform Infra.Market has divested approximately 7% of its stake worth $20 million in RDC Concrete to investors led by Zerodha’s co-founder Nikhil Kamath.
The round saw participation from various investors su... |
| 30.05.2024 | Euler Motors Raises INR 200 Crore in Series C Funding Round | Euler Motors, a commercial electric vehicle manufacturer, has secured an additional INR 200 crore in its Series C funding round. The funding was led by Piramal Alternatives India Access Fund, along with existing investors British Internatio... |
| 29.05.2024 | Infra.Market: Paving the Way for Growth and Innovation in the Construction Materials Industry | In a significant development, Infra.Market, a leading construction material solutions company, has secured an additional $50 million in financing from MARS Growth Capital, a joint venture by Liquidity Group and MUFG. This latest round of fu... |
| 29.05.2024 | Euler Motors raises $24 Mn led by Piramal Alternatives | Commercial electric vehicle manufacturer Euler Motors has raised Rs 200 crore ($24 million) more in Series C round led by new investor Piramal Alternatives India Access Fund. Existing investors British International Investment and Blume V... |
| 29.05.2024 | FarMart raises funds from Swiss-based ResponsAbility Investments | SaaS-based food supply platform FarMart has raised Rs 24 crore ($2.8) million as part of a new round from Swiss asset manager ResponsAbility Investments. The fresh investment has come after a gap of more than two years for the Gurugram-base... |
| 28.05.2024 | Infra.Market raises $50 Mn from Mars Unicorn Fund | Infra.Market has raised $50 million from MARS Unicorn Fund which is a joint venture of Liquidity Group and MUFG. With this, MARS and Liquidity investment in the company touched $100 million.
The two funds previously invested $50 million in ... |
| 27.05.2024 | Zypp Electric's Electrifying Growth Story | Zypp Electric, a B2B delivery and shared mobility startup, recently secured a hefty $14 million in its Series C round from Japan-based ENEOS Oil & Energy Asia. This investment marks a significant milestone for the Gurugram-based company... |
| 27.05.2024 | Zypp Electric secures $14 Mn from ENEOS | B2B delivery and shared mobility startup Zypp Electric has secured Rs 116 crore ($14 million) in its Series C round from Japan-based petroleum firm, ENEOS Oil & Energy Asia. This is the first round of investment for the Gurugram-based c... |
| 22.05.2024 | Urban Company announces ESOP secondary sale worth Rs 203 Cr for 446 employees | Home service marketplace Urban Company has announced its largest employee stock secondary sale worth Rs 203 crore (nearly $25 million). This is the fifth ESOPs buyback wherein 446 employees have participated, according to the company’s pres... |
| 21.05.2024 | Shadowfax adds fresh ESOPs worth $7.3 Mn | Logistics company Shadowfax has added fresh employee stock options (ESOP) for its employees under the existing plan: ESOP 2016.
The board has approved the amendment of Shadowfax’s Employee Stock Option Plan 2016 with fresh 20,229 stock opti... |
| 20.05.2024 | Propelld's Edgro Secures $25 Million in Debt Funding to Revolutionize Education Finance Expansion | Propelld, a pioneering education-focused lending platform, has recently made waves in the financial sector by successfully securing a substantial $25 million in debt funding for its NBFC subsidiary, Edgro. This significant funding milestone... |
| 17.05.2024 | Battery Smart Charges Ahead with $45 Million Funding Boost | In a bold move that signals a significant milestone for the battery tech startup Battery Smart, the company has successfully secured a substantial $45 million in funding from a consortium of esteemed investors. Among the key backers are Aca... |
| 17.05.2024 | Propelld raises $25 Mn debt for NBFC arm Edgro | Propelld, an education-focused lending platform, has secured $25 million debt funding for its wholly-owned NBFC subsidiary Edgro.
Edgro has raised the amount from nine lenders such as Credit Saison India Private Limited, AU Small Finance Ba... |
| 16.05.2024 | Battery Smart mops up $45 Mn in new funding round | Battery tech startup Battery Smart has raised $45 million in a new round from investors including Acacia Inclusion Limited, MUFG Bank, Blume Ventures, The Ecosystem Integrity Fund, and British International Investment.
The board at Battery ... |
| 15.05.2024 | Niqo Robotics: A Rising Star in Agritech Robotics | Niqo Robotics, formerly known as TartanSense, has been making waves in the agritech industry with its innovative approach to agricultural robotics. Recently, the company raised $9 million in funding from Brida Innovation Ventures, marking a... |
| 14.05.2024 | Niqo Robotics raises $13 Mn in Series B round to scale globally | Agritech robotics firm Niqo Robotics (formerly TartanSense) on Tuesday announced that it has raised $13 million in a Series B round led by Brida Innovation Ventures. The round also saw significant investments from new investor Fulcrum Globa... |
| 10.05.2024 | Atlan's Ascendancy in the Data Governance Realm: A $105 Million Series C Funding Triumph | Atlan, a burgeoning data and AI governance startup, has recently clinched a monumental achievement in the form of a $105 million Series C funding round. Spearheaded by GIC and Meritech Capital, this funding infusion signifies a pivotal mome... |
| 09.05.2024 | Venturi picks up over 5% stake in Peak XV-backed K12 Techno for $27 Mn | Venturi Partners has announced a purchase of a $27 million worth stake in K12 Techno Services from Navneet Learning LLP, subsidiary of Navneet Education Limited. This is the second secondary round in K12 Techno in the last eight months.
In ... |
| 08.05.2024 | Atlan raises $105 Mn in Series C round | Data and AI governance company Atlan has raised $105 million in its Series C funding round led by GIC, Singapore’s sovereign wealth fund and Meritech Capital. Existing investors Salesforce Ventures and Peak XV Partners also participated in ... |
| 07.05.2024 | Superplum: Disrupting the Fresh Fruits Market | Superplum, an agritech startup, recently secured $15 million in funding to revolutionize the fresh fruits market in India. Led by Chairman Erik Ragatz, the company aims to transform produce supply chains and improve farmer incomes. Founded ... |
| 06.05.2024 | Agritech startup Superplum raises $15 Mn in Series A round | Agritech startup Superplum has raised $15 million in its Series A financing round led by Erik Ragatz, former partner and current senior advisor of private equity firm Hellman & Friedman.
Ragatz joins a group of Superplum’s current inves... |
| 30.04.2024 | Groww receives RBI approval to operate as payment aggregator | Fintech unicorn Groww has received approval from the Reserve Bank of India to operate as a payment aggregator. The firm has joined several fintechs which recently received similar approval from the central bank.
RBI has granted the licence ... |
| 30.04.2024 | EV charging infra startup Charge Zone scoops up $19 Mn | Electric vehicle (EV) charging network Charge Zone has received a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor.
In March last year, the Vadodara-based... |
| 23.04.2024 | Awfis, TBO receive final nod from SEBI for IPO | Co-working solutions provider Awfis has received the final nod from securities and exchange board of India (SEBI) for its initial public offering (IPO), the market watchdog notified on Tuesday.
The Delhi-based firm had filed its draft red h... |
| 19.04.2024 | Climate-focused deeptech startup Ecozen raises $30 Mn | Climate-focused deeptech startup Ecozen has raised $30 million in a mix of debt and equity from Nuveen Global Fund and other existing equity investors, and new debt support from InCred Credit Fund and International Development Finance Corpo... |
| 18.04.2024 | ProcMart Secures $30 Million in Series B Funding | B2B procurement marketplace ProcMart has successfully raised $30 million in a Series B funding round led by Fundamentum and Edelweiss Discovery Fund. The round also saw participation from South Korea-based Paramark Ventures. This funding wi... |
| 18.04.2024 | Altum Credo raises $40 Mn in Series C, provides partial exit to early backers | Housing finance company Altum Credo has scooped up $40 million in its Series C funding round led by Z3Partners and Oikocredit. The financing round also saw participation from British International Investment, and existing investors Aavishka... |
| 18.04.2024 | The Good Glamm Group lays off employees, restructures top deck amid IPO plan | Content-to-commerce platform The Good Glamm Group has reduced its workforce by 15% or 150 employees in the last 12-15 months, according to the company.
“We have put in place a new organisational framework to streamline our operations, which... |
| 18.04.2024 | Dailyhunt-parent VerSe acquires US-based Magzter to enter subscription biz | VerSe Innovation, the parent company of vernacular news aggregator Dailyhunt, has acquired Magzter, a global digital newsstand with a library of more than 8,500 premium magazines and newspapers.
This move marks Dailyhunt’s strategic foray i... |
| 17.04.2024 | Wow! Momo raises $9 Mn more in Series D round | Quick service restaurant chain Wow! Momo has raised Rs 70 crore (approximately $9 million) in an extended Series D round from Z3 Partners.
With this, the firm has raised Rs 480 crore ($51 million) in Series D which includes Rs 270 crore pri... |
| 17.04.2024 | Consumer lending app RING raises Rs 100 Cr debt from Trifecta Capital | Consumer lending app RING has raised Rs 100 crore in venture debt from Trifecta Capital. With this, the Mumbai-based company has marked its first fundraise in 2024.
RING will utilize the debt facility for on-lending and growing its balance ... |
| 16.04.2024 | ProcMart raises $30 Mn in Series B round led by Fundamentum and Edelweiss | B2B procurement marketplace ProcMart has raised $30 million in a Series B funding round led by Fundamentum and Edelweiss Discovery Fund. The round also saw participation from South Korea-based Paramark Ventures.
Previously, the startup had ... |
| 05.04.2024 | InShorts elevates Deepit Purkayastha as CEO, Azhar Iqubal becomes chairman | News aggregator InShorts has announced changes in company leadership. Azhar Iqubal, the co-founder and chief executive officer (CEO) of InShorts will now be the company’s chairman. Iqubal has been leading the Noida-based firm since its ince... |
| 04.04.2024 | Bambrew: Brewing Success in Sustainable Packaging | Bambrew, a cleantech startup making waves in the sustainable packaging industry, recently secured a whopping $7 million in funding led by Blume Ventures. Founded in 2019 by Vaibhav Anant, a visionary with a passion for environmental sustain... |
| 01.04.2024 | IPO-bound Ola Electric raises $50 Mn debt from EvolutionX | Ola Electric has raised Rs 410 crore (approximately $50 million) via non-convertible debentures from EvolutionX.
The board at Ola Electric has passed a resolution to issue 41,000 NCD (non-convertible debentures) at an issue price of Rs 100,... |
| 01.04.2024 | Pocket FM completes its first ESOP buyback worth $8.3 Mn | Audio series platform Pocket FM announced that the company has completed its first ESOP buyback worth $8.3 million. The buyback of stock comes soon after $103 million Series D funding announced by the Bengaluru-based company.
Former and exi... |
| 29.03.2024 | Bambrew raises Rs 60 Cr led by Blume Ventures | Cleantech startup Bambrew has raised Rs 60 crore (approximately $7 million) in a mix of debt and equity series A round led by Blume Ventures. This marks the first investment for the Bengaluru-based company in 2024.
Blue Ashva Capital, Mumba... |
| 29.03.2024 | Fintech firm KreditBee recharges Series D round with $9.4 Mn | Digital lending platform KreditBee has raised $9.4 million or Rs 78.33 crore from existing investors: Premji Invest, Motilal Oswal Private Equity, and Mirae Asset among others in an extended Series D round.
The board at KreditBee has passed... |
| 28.03.2024 | Myntra claims positive EBITDA in the last two quarters | Myntra, the e-commerce platform owned by Flipkart, has announced that it turned operationally profitable in the last two quarters of the calendar year 2023. Along with this, its gross merchandise value (GMV) also grew approximately 2X durin... |
| 27.03.2024 | Google-backed ShareChat raises $49 Mn debt | Mohalla Tech, the parent entity of the vernacular social media platform ShareChat and short video entertainment app Moj, has raised around $49 million in debt from existing investors.
The company has passed a board resolution to issue 4,895... |
| 20.03.2024 | Pocket FM raises $103 Mn in Series D round | Audio series platform Pocket FM has scooped up $103 million in its Series D round led by Lightspeed, and with participation from Stepstone Group.
The new funding will strengthen Pocket FM’s push into the US market and also support global ex... |
