Vridhi Home Finance Secures $18M Funding, Eyes Expansion in Tier II and III Cities
Vridhi Home Finance, a home finance lending fintech, has secured Rs 150 crore ($18 million) in its Series A funding round led by Elevation Capital, an early-to-growth stage venture capital investor. As per the Bengaluru-based fintech, the freshly raised funds will be used to expand its branches by adding 25-30 […]
Fruitfal Bags Investment from iAngels, Aims for Market Expansion
Fruitfal, a B2B agri sourcing platform for fresh and processed products, has made headlines by securing an undisclosed amount from India accelerator’s angel investors’ network iAngels. As per the startup, the freshly raised funds will be used to improve its technology stack as well as expand its market presence to […]
Former ISRO Scientists’ Venture, Skyroot Aerospace, Gets Backing from Temasek in a $27.5M Round
Skyroot Aerospace, a Hyderabad-based spacetech startup, has raised a new round of capital from Singapore state investment firm Temasek. This development materialized a year after the Singapore state’s sovereign wealth fund GIC backed the Hyderabad-based startup. Skyroot Aerospace has secured an additional $27.5 million (₹225 crore) in a pre-Series C round led by […]
Report: PE/VC Investments Surge 60% YoY to Reach $13.6 Billion in Q3 2023
As per the latest EY-IVCA monthly PE/VC roundup, Private equity (PE) and venture capital (VC) investments in India registered a 60 percent year-on-year growth for the quarter July-September to touch USD 13.6 billion. The report highlighted that the third quarter of 2023 recorded an investment worth USD 13.6 billion across […]
Edtech Firm Techmaghi Gets Support From LJ Knowledge Foundation, Receives Rs 20 lakh Funding
Techmaghi, a Kerala-based edtech firm, has received funding of Rs 20 lakh from the startup-supporting LJ Knowledge Foundation (LJKF). The funding from LJ Knowledge Foundation, a Gujarat NGO, comes as a CCD (compulsorily convertible debenture) for Techmaghi. As per the startup, the freshly raised funds will allow it to make […]
Escrowpay Secures Fresh Funding In Ongoing Series A Round, Gets IFSCA Authorisation
Escrowpay, a digital escrow and settlements platform, has signed a definitive agreement to raise an additional $4 Mn in funding via issuance of warrants, taking its total funds raised till date to $6 million. The funding is part of the startup’s extended Series A funding round, in which Escrowpay aims […]
Qdesq Secures Fresh Funding from Proptech Investor Gruhas, Aiming for Workspace Revolution
Qdesq, a flexible workspace marketplace, has secured an undisclosed amount in a fresh funding round from proptech-focused venture capital firm Gruhas. This is the second investment Qdesq has secured from a venture capital firm after JLL Spark. As per the startup, the freshly raised funds will enable it to improve […]
Drone Startup Urban Matrix Raises Rs 6 Crore in Pre-Series A Funding for Product Development and More
Urban Matrix, a startup that manufactures industrial drones and software used in drones, has raised $720,886 (Rs 6 crore) in a pre-Series A funding round. Led by Inflection Point Ventures, the funding round also saw participation from O2 Angels. As per the startup, the freshly raised funds will be deployed for product […]
Mumbai-based Manastu Space Bags $3 Million Funding, Aims to Develop its Green Satellite Propulsion System
Manastu Space, a Mumbai-based space-tech startup, has made headlines by securing $3 million (Rs 25 crore) in a pre-Series A funding round led by Indian Angel Network (IAN). As per the startup, the freshly raised funds will be used to develop its green propulsion system for satellites. Further, the Mumbai-based space-tech […]
Blubirch Raises $6.37 Mn in Series A Round, Eyes Global Expansion in Reverse Supply Chain
Blubirch, a Bengaluru-based reverse supply chain management platform, has raised $6.37 million in a Series A round led by Cornerstone Ventures and Capital2B Fund. As per the startup, the freshly raised funds will be used to expand its presence across various retailer marketplaces and original equipment manufacturers’ ecosystems. Additionally, with […]