Spacetech Startup Dhruva Space Secures $9 Million in Funding, Targets Extensive Spacetech Development
Dhruva Space, a Hyderabad-based spacetech startup, has made headlines by raising $9.4 million (Rs 78 crore) in funding from IAN Alpha Fund, the Technology Development Board, and other existing investors. The funding round comprised equity and debt, including Rs 24 crore in debt. As per the startup, the freshly raised funds will enable […]
Hyderabad-based Pure EV Raises $8 Mn Funding, To Expand Sales Network in India
Pure EV, a Hyderabad-based electric two-wheeler firm, has made headlines by raising $8 million (around Rs 66 crore) from a consortium of investors. The funding round was led by Bennett Coleman and Company Ltd, Hindustan Times Media Ventures, and saw participation from Ushodaya Enterprises Pvt Ltd, existing investors, and high […]
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 […]
Aviation Startup BluJ Aero Raises $2.25 Mn In Seed Funding
BluJ Aero, a Hyderabad-based aviation firm, has raised $ 2.25 million (Rs 18.45 crore) in a seed funding round co-led by Endiya Partners and Ideaspring Capital. Rainmatter Foundation also participated in the funding round. As per the startup, the freshly raised funds will be used for the development of its […]
Hyderabad-based Karma Primary Healthcare Raises Undisclosed Funding
Karma Primary Healthcare, a Hyderabad-based healthtech startup, has raised an undisclosed amount in a Series A funding round from a consortium of investors, including Innospark Ventures, Innovative Directions, 1Crowd, Aanshi LLP and Social Innovation Circle, among others. As per the startup, the freshly raised funds will be used for product […]
Nourish You Raises $2 Mn From Zerodha’s Nikhil Kamath, Others
Nutrivative Foods Pvt Ltd, which runs superfood brand Nourish You, has raised $2 Mn (around Rs 16.37 crore) in a seed funding round from multiple investors. Several investors, including Y Janardhana Rao (Triumph Group), Rohit Chennamaneni (Darwinbox), Nikhil Kamath (Zerodha) and Abhinay Bollineni (KIMS Hospitals), among others, also participated in […]
B2B Startup Badhaan Raises Funding From India Accelerator’s iAngels
Badhaan, a Hyderabad-based B2B procurement startup, has raised an undisclosed amount in a seed funding round led by India Accelerator’s angel investors’ network iAngels. High net-worth individuals and industry veterans, including Pramod Veturi, Sivaram Vallampati and Anand Mahadevan, among others, also participated in the funding round. As per the startup, the raised […]
HR Tech Platform Darwinbox Raises $5 Mn In Funding From SBI
Darwinbox, a Hyderabad-based HR tech platform, has raised $5 million in an extension of a Series D round from the State Bank of India (SBI). First reported by Entrackr, the board at Darwinbox has passed a special resolution to issue 14,523 Series D3 compulsory convertible preference shares (CCPS). As per […]
E-Bike Startup Gear Head Motors Raises Pre-seed Funding
Gear Head Motors, a Hyderabad-based e-bike startup, has raised Rs 6 crore in a pre-seed funding round. The round was led by angel investors Hemin Shah (Director of US-based talent firm Collabera) and Sudhakar Moparthy (Director of US-based IT company Skillbanc). As per the startup, the raised funds will be […]
Skyroot Aerospace Raises Over $50 Million In Fresh Funding
Skyroot Aerospace, a Hyderabad-based spacetech startup, has raised $50.5 million in a Series B funding round led by Singapore-based GIC. First reported by Entrackr, this is the second round of funding for the spacetech startup in 2022. Additionally, this round appears to be an ongoing one, implying Skyroot may receive […]