Market News

Mumbai (November 20, 2024) – UrjaMobility, a pioneering startup specializing in battery leasing for commercial electric vehicles (EVs), has secured a significant milestone with its pre-Series A funding round. The company has raised Rs 100 crore ($12 million), which includes both debt and equity financing, led by Mufin Green Finance and Hindon Mercantil. With this […]

In a significant move, LC Nueva Investment Partners, a joint venture between Singapore’s Lighthouse Canton and Delhi NCR-based Nueva Capital, has announced the launch of its new fund, the LC Nueva Momentum Fund. The fund aims to mobilize a corpus of Rs 150 crore (approximately $18 million) with an optional green shoe of an additional […]

Bangalore, India – Industry-leading aerial intelligence platform Aereo has announced that it has secured $1.8 million in its Series B funding round, led by JSW Ventures. This investment brings Aereo’s total funding to $16.8 million, following its Series B round in July this year, which saw $15 million in investments from 360 ONE Asset, StartupXseed […]

Mumbai, India – Nayan Tech, a pioneering AI-based startup, has successfully raised $2 million in its pre-Series A funding round, led by BEENEXT and other notable investors. This strategic investment will enable the company to further develop and deploy its innovative smart city solutions, focusing on traffic management, road safety, infrastructure monitoring, and driver behavior […]

In a significant milestone, Beaute Secrets, a popular beauty tools brand, has secured Rs 1.6 crore ($2.1 million) in funding from cash flow financing platform Velocity. The fresh capital will enable the brand to further expand its operations on quick-commerce platforms and introduce new products to its innovative lineup. Launched in 2010 by entrepreneur Harnika […]

Bengaluru and Houston-based Mstack, a cross-border speciality chemical manufacturing platform, has secured $40 million in its Series A funding round led by Lightspeed and Alphawave, along with a debt component from HSBC Innovation Banking. This significant investment will enable Mstack to scale its operations across key regions, including the Middle East, Latin America, and Asia, […]

Pune, India – Ai Health Highway, a pioneering health-tech startup, has successfully concluded a pre-Series A funding round of $1.5 million, led by Turbostart. The company’s innovative approach to leveraging AI in cardio-respiratory care has attracted significant attention from notable investors, including Rainmatter by Zerodha, The Chennai Angels, and BITS BioCyTiH Foundation, along with other […]

ZEVO, a pioneering tech-enabled EV mobility platform, has secured a $2 million pre-Series A funding round led by Pegasus India Fund, BizDateUp, JIIF, and a family office. This significant investment will enable the company to rapidly deploy 5,000 electric vehicles and establish a robust network of fulfillment centers across key locations. Founded by Aditya Singh […]

Trillion Dollar Ventures (TDV), a venture capital firm, has launched its second fund, with a total corpus of Rs 50 crore, doubling the size of its first fund. The new fund aims to support early-stage technology startups in India. Key Highlights: Notable Developments: Founding and Key Milestones:

IG Drones, a fast-growing drone-tech startup, has successfully secured $1 million in a seed funding round led by India Accelerator, with participation from a clutch of angel investors. This significant investment will enable the company to advance its research and development of cutting-edge drone solutions tailored for defense applications. Founded in 2018 by visionary entrepreneurs […]