Don’t miss the latest developments in business and finance.

Series A Funding

The vehicle intelligence firm will use the funding to expand its reach in various market segments, including electric two-wheelers, three-wheelers, light commercial vehicles (LCVs), and buses

Updated On: 15 Nov 2024 | 6:14 PM IST

UnifyApps integrates deeply with all SaaS applications within an enterprise, making it easy for enterprises to view and manage all their data in a single place

Updated On: 08 Nov 2024 | 10:10 PM IST

This investment builds on Neysa's successful $20 million seed round earlier this year

Updated On: 22 Oct 2024 | 6:10 AM IST

Startup founded in 2016 say it will use the investment for crop protection research, products

Updated On: 08 Oct 2024 | 2:31 PM IST

In just 10 months since its launch in India, Schmooze said it has attracted over 1 million users and witnessed 900 million meme swipes

Updated On: 18 Sep 2024 | 6:10 AM IST

HouseEazy, a marketplace for resale homes, has raised USD 7 million from investors to grow its business. In a statement, HouseEazy said the company has raised USD 7 million in a series-A funding round. This round was a mix of equity and debt led by Chiratae Ventures and saw participation from Alteria Capital and existing investor Antler, it added. The company had previously raised the seed financing round 7 months back in December 2023. The funds will be used to fuel the organisation's growth across new geographies in NCR, strengthening brand presence, team expansion and product enhancement, HouseEazy said. Tarun Sainani, Co-founder, HouseEazy, said, "In the primary market, the real estate developer typically serves as the anchor, but no single player was addressing all the needs of resale buyers and sellers. These transactions were traditionally conducted with multiple stakeholders, leading to inherent risks and lengthy closure times." "We've completely re-engineered the process

Updated On: 26 Aug 2024 | 2:22 PM IST

An analysis of 10 sectors that received the most funding in 2023 shows that nine of them experienced an increase in the time taken to reach Series A compared to 2019

Updated On: 09 Jul 2024 | 10:32 PM IST

This funding would help the brand grow its market presence in India and the United States and promote the adoption of organic food

Updated On: 25 Jun 2024 | 11:34 PM IST

Sid's Farm plans to use the funds to establish a strong presence in Hyderabad and Bengaluru by enhancing manufacturing capabilities

Updated On: 25 Jun 2024 | 4:59 PM IST

Health tech platform Alyve Health on Tuesday said it has raised USD 5.5 million (over Rs 45 crore) in a Series A funding round led by Axilor Ventures. The investment round saw participation from 1Crowd Fund, an existing investor, as well as Inhealth Ventures, a healthcare-focused fund, the company said in a statement. The company also raised venture debt fund from Trifecta Capital as part of this round, it added. The new funds will be utilised for strategic growth initiatives across key areas like platform enhancement, talent acquisition, expansion of operations, amplification of services, and higher member engagement, Alyve Health said. "This investment empowers us to continue innovating on our product and technology," Alyve Health Co-founder & CEO Shashank Avadhani said. Alyve Health provides healthcare services to individuals, employers, and other businesses with plans covering multiple healthcare journeys like doctor consultations, diagnostics, medicine purchases, dental ...

Updated On: 19 Jun 2024 | 12:31 AM IST

The D2C fashion brand plans to double down on its omnichannel retail strategy and cross Rs 100 crore in revenue within the next 18-24 months

Updated On: 19 Jun 2024 | 6:05 AM IST

Skye Air, a drone logistics solution provider, on Monday said it has secured USD 4 million (about Rs 34 crore) funding, which will be used to expand the company's operations across Gurugram and other cities for healthcare, and quick-commerce deliveries. The Series A funding was achieved with backing from Mount Judi Ventures, Chiratae Ventures, Venture Catalyst, Windrose Capital, and Tremis Capital. Faad Capital, Misfits Capital, Hyderabad Angels, Soonicorn Ventures and other existing investors, family offices and angels also participated in the funding round. "The fresh capital will help the company expand its last-mile network across Gurugram and other cities for healthcare, e-commerce, and quick-commerce deliveries," said Ankit Kumar, Founder & CEO of Skye Air. He further said that with the Modi 3.0 government at the centre stage, the company envisages a plethora of growth coming in the Indian drone sector, which will make Bharat a global drone hub by 2030. Maple Capital ...

Updated On: 17 Jun 2024 | 5:57 PM IST

Jumbotail is building AI-driven technologies to drive higher customer wallet share. The firm is leveraging its deep sourcing capabilities across FMCGs and staples and its kirana supply chain

Updated On: 18 Mar 2024 | 6:03 PM IST

Waiting for institutional round of financing could extend to 86 months compared to 81 last year

Updated On: 13 Mar 2024 | 8:14 PM IST

The company, which works in the MSME financing space, said the latest funding will be utilised towards expanding its offline and online presence, global outreach and investments in product innovation

Updated On: 18 Jan 2024 | 9:11 PM IST

Escrowpay, which offers digital escrow platforms, has raised USD 6 million in fresh funding from existing investors. The latest funding is through the series-A round and is part of the ongoing round targeting USD 15 million. The company recently secured the first digital escrow regulatory fintech authorization from the IFSCA in the Gift City. Currently it serves over 3,000 clients, including SMEs, unicorns, listed enterprises, and emerging digital-first businesses. Escrowpay has processed transactions exceeding Rs 15,000 crore. The fresh capital injection will be strategically utilized to accelerate its initiatives, support key growth areas, and foster innovation within the payments ecosystem, its MD Ashwin Chawwla said in a statement on Wednesday.

Updated On: 27 Dec 2023 | 11:37 PM IST

Battery recycling startup BatX Energies on Tuesday said it raised USD 5 million (over Rs 40 crore) in an early stage funding round led by Zephyr Peacock. Lets Venture as well as existing investors JITO Angel Network and family offices of Mankind Pharma, Excel Industries, and BluSmart also participated in the pre-Series A funding round, BatX Energies said in a statement. The infusion of fresh funds will help scale up recycled battery-grade lithium, nickel and cobalt production and establish a secured nationwide reverse logistics network for sourcing, it added. "Through strategic allocation of these funds, we're poised to power our vision of sustainable energy solutions. We're directing resources towards pioneering R&D initiatives, elevating the production of superior battery-grade materials," BatX Energies Co-founder & CTO Vikrant Singh said. He further said, "This investment propels our mission to expand globally and establish micro facilities nationwide, fostering a future ...

Updated On: 19 Dec 2023 | 5:33 PM IST

The firm said this funding round stands out, especially at a time when many late-stage D2C brands struggle to secure capital

Updated On: 13 Dec 2023 | 6:43 PM IST

The Bengaluru-based firm's products have been deployed in India's next-generation radars, missiles, electronic warfare and avionics

Updated On: 06 Dec 2023 | 6:38 AM IST

Payments solution firm will use financing to expand international business, improve technology

Updated On: 28 Nov 2023 | 2:21 PM IST