Market News
Automoto Valuation Soars to Rs 100 Crore After Successful Pre-Seed Funding Round
Mumbai-based Automoto, a vehicle ownership platform, has achieved a significant milestone by securing the first tranche of its extended pre-seed funding round, taking its valuation to a whopping Rs 100 crore ($12 million). The round was led by Venture Bridge, a renowned venture capital firm, with participation from angel investors and high-net-worth individuals (HNIs). The […]
Stellapps Technologies Secures $26 Million in Funding to Boost Dairy Operations
Bengaluru-based dairy tech firm Stellapps Technologies has made a significant comeback in the market with a $26 million Series C funding round. The company, which had previously raised funds three years ago, has attracted contributions from existing investors like Blume Ventures, Omnivore, and the Bill & Melinda Gates Foundation, as well as new investor Miledeep […]
Slice Secures Rs 71.7 Crore from Founder Rajan Bajaj
Consumer lending and payments startup Slice has continued its fundraising spree by securing a significant investment of Rs 71.7 crore from its founder and CEO, Rajan Bajaj. This injection of capital is part of an ongoing effort by Slice to fuel its expansion and fortify its position in the burgeoning market. Details of the Investment: […]
Navi Finserv Secures $24.5 Million Loan from Goldman Sachs
Mumbai, India – Navi Finserv, a leading RBI-registered Non-Banking Financial Company (NBFC), has successfully closed a loan securitization transaction with Goldman Sachs (India) Finance Private Limited, marking the seventh multinational bank to partner with the company. The $24.5 million transaction follows a $38 million securitization deal with J.P. Morgan earlier this year, showcasing Navi Finserv’s […]
Anicut Capital Secures $11 million in Dollar-Denominated Investments
Anicut Capital, a renowned alternative investment firm, has successfully received $11 million in dollar-denominated investments via the Gujarat International Finance Tec-City (GIFT City) structure for its Private Credit Fund 3. This latest development is a significant milestone for the company, which has consistently demonstrated its commitment to attracting international investments into India. $11 million Investment […]
Elixia Robotics Secures $1 Million in Pre-Series A Funding to Expand Middle East Presence
Elixia Robotics, a innovative logistics automation startup based in [location], has successfully raised $1 million in a pre-Series A funding round led by JITO Incubation and Innovation Foundation (JIIF). The investment comes with participation from notable investors including Motilal Oswal, Vimal Shah, Sparsh Jain, Vinod Dugar, Vimal Khinvasara, Ashok Shah, and Amit Chandwar. Key Highlights […]
Onlygood Secures Rs 4 Crore in Seed Funding for Sustainability Efforts
Gurugram-based sustainability platform Onlygood has received Rs 4 crore (approximately $500,000) in seed funding, backed by IIT Madras Incubation Cell (IITMIC), Goel Group, and Daimler India Commercial Vehicles (DICV). The investment gives DICV a 1.5% equity stake in the company. Onlygood plans to utilize the funding to scale its operations in India and the Middle […]
Economy Process Solutions Secures Pre-IPO Funding of Rs 100 Crore
Mumbai, [Date] – Economy Process Solutions (EPS), a leading provider of innovative vacuum and process solutions, has secured a significant investment of Rs 100 crore ($12 million) in its Series A funding round led by Stakeboat Capital Fund II. This strategic funding will accelerate the company’s growth trajectory, expand its product offerings, and solidify its […]
SPRY Therapeutics Secures $15 Million in Funding to Expand US Market Presence
SPRY Therapeutics, a SaaS platform designed for physical therapy professionals, has secured $15 million in funding from investors including Flourish Ventures, Together Fund, Fidelity’s Eight Roads, and F-prime Capital. This brings the company’s total funding to $25 million since its launch in 2021. Founded by Brijraj Bhuptani, former CTO of Ola, and Riyaz Rehman, SPRY […]
iRasus Technologies Secures Rs 4 Crore Seed Funding
Gurugram-based energy analytics company iRasus Technologies has secured Rs 4 crore in a seed funding round, co-led by renowned angel investors Rohit Rajput and Srikar Reddy of IAN Angel. The round also saw participation from DFAN and other angel investors. The funding will be used by iRasus to bolster its product and engineering teams, as […]
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