Market News
LiaPlus AI Secures Rs 2 Crore in Seed Round to Drive Growth and Expansion
LiaPlus AI, a customer support solutions provider, has successfully raised Rs 2 crore in a Seed round led by Inflection Point Ventures, with participation from Chandigarh Angel Network and Growth91. The funding will be utilized to enhance the company’s product and technology, expand its team, and improve its sales and marketing strategies. Co-founded by Shailesh […]
Ather Energy Joins Unicorn Club with $71 Million Funding
Mumbai-based electric scooter manufacturer Ather Energy has made it to the coveted unicorn club, raising $71 million from existing investor National Investment and Infrastructure Fund (NIIF). This funding round, which was finalized last month, has catapulted the company’s valuation to $1.25 billion, marking a significant milestone in the e-mobility sector. Ather Energy has passed a […]
Slikk Raises $300,000 in Pre-Seed Round to Revolutionize Fashion Delivery in Bengaluru
Bengaluru-based startup Slikk, a subscription-based clothes delivery app focused on Gen Z users, has secured $300,000 in its pre-seed round of funding. Led by Better Capital, with participation from Untitled Ventures, this investment will fuel the company’s expansion plans in the city and beyond. With its mission to bring the latest fashion trends directly to […]
Valyx Secures $800,000 in Pre-Seed Funding to Fuel Growth
Valyx, a B2B financial management platform, has closed an $800,000 pre-seed funding round, co-led by Huddle Ventures and Waveform Ventures. The round saw additional investments from notable backers, including Bharat Founders Fund and Propell Fund (Let’sVenture’s in-house VC fund led by Shanti Mohan). Valyx plans to utilize the funds to bolster its sales and engineering […]
Pune-Based Sports-tech Startup Spolto Raises $1 Million in Seed Funding
Pune, India – Spolto, a sports-tech startup, has recently secured $1 million (approximately Rs 8.4 crore) in a seed funding round led by Andrew Johnston and other investors. The proceeds will be utilized to scale up its services and expand its reach to more urban communities, as stated by the company in a press release. […]
Digital-First Fashion Brand THEATRE Secures $1.5 Million in Pre-Series A Funding
In a significant development for the Indian fashion industry, Theatre, a digital-first western fashion brand, has secured $1.5 million in a pre-Series A funding round led by Prath Ventures. The funding round also saw participation from existing angel investors, underscoring the brand’s growing potential and investors’ confidence in its vision. The proceeds from the funding […]
The Hosteller Raises Rs 32 Crore in Series A Funding
Mumbai-based budget accommodation chain, The Hosteller, has secured Rs 32 crore (approximately $4 million) in its Series A funding round led by V Cube Ventures. The investment round also saw participation from Lets Venture Angel Fund, AngelList, and several other angel investors. Key Highlights: Company Background: This funding round will likely help The Hosteller expand […]
Fabless Semiconductor Startup BigEndian Secures $3 Million in Seed Funding
In a significant development in the tech industry, fabless semiconductor design startup BigEndian has announced that it has raised $3 million in its seed round. The investment round was led by Vertex Ventures SEA & India, with participation from strategic investors, including Amitabh Nagpal, head of startup business development at Amazon Web Services. The proceeds […]
Mytek Innovations Secures Rs 6 Crore in Debt Funding to Drive Expansion
Mumbai-based Mytek Innovations, a pioneering AI-based EPC (Engineering, Procurement, and Construction) marketplace, has successfully closed a debt funding round valued at Rs 6 crore. The funding will be utilized to fuel the company’s expansion plans, as announced in a press release. Founded in 2020 by Shivkumar Borade and Ashwajeet Wankhede, Mytek seeks to bridge the […]
Nutrabay Secures $5 Million in Series A Funding
Gurugram-based direct-to-consumer retail brand Nutrabay has announced the completion of its Series A funding round, securing $5 million in investment from RPSG Capital Ventures and Kotak Alternate Asset Managers Limited. This is Nutrabay’s first institutional funding round, marking a significant milestone for the company. The funding proceeds will be used to fuel the company’s expansion […]
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