Page 13 - Fund Raising

SaaS company CleverTap Raises $105 mn in funding round led by CDPQ

It runs a cloud service that helps digital brands to increase customer retention

SaaS start-up SquadStack raises Rs 140 cr in Series B funding for expansion

The SaaS-enabled talent marketplace will use the Series B round fund to strengthen its team, increase its sales experts base and expand into new verticals

Engineering company Fabrication Bazar raises Rs 7 cr in seed round

Fabrication Bazar, which was founded in 2016 by Dwaipayan Dutta and Mohit Garg, has developed a cloud fabrication and tracking platform for manufacturing

PriceLabs raises $30 mn from Summit Partners, plans to accelerate hiring

PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Kesoram Industries to raise high-cost funds via FDs; to offer 12.25% rate

To offer 12.25% rate; plans to use proceeds for working capital, pare debt

Vedanta Resources' near-term liquidity risk as it seeks funds: S&P

Anil Agarwal-controlled unit looks to raise $700 mn from Indian lenders

Home-builder BuildNext raises $3.5 mn in funding round led by Pidilite

BuildNext, a Kochi based tech-enabled home builder has raised 3.5 million dollars in a 'pre-series A' funding led by Pidilite Industries'. BuildNext has also secured funding from existing investors Konglo Ventures and FatEngine among others. The company, in a release said, it aims to use the capital from the latest round of funding to further expand its R&D capabilities and upgrade its Virtual Reality technology experience centres. It also plans to expand into new markets Bengaluru, Chennai and Coimbatore while strengthening its foothold in its existing ones. "We are excited to have Pidilite as one of our key investors. Our aim is to use our custom technology platform to drive transparency and overcome inefficiencies in the entire process of constructing and designing a house. We have made significant progress in research about designing and building better homes," Gopi Krishnan, Co-founder and CEO,of BuildNext said. Krishnan said the company has developed objective parameters to

Rajeev Misra may raise $8-10 bn for his new fund, in talks with gulf royals

Sources say it is also possible that Son may invest some money in the fund through Softbank or other vehicles, although this could not be confirmed

ClimateTech firm Climes raises $1.2 mn seed capital from Sequoia, others

The company's tech allows consumer-facing brands to turn climate-positive in a matter of hours. Its tech-stack integrates seamlessly with the checkout pages of everyday consumer brands

Fund-raising drive on track, majority of the $800 mn received, says Byju's

The firm said its payments to education firm Aakash for a $1-billion deal struck last year have concluded and the audited financial results will be out in 10 days

Iron Pillar to raise $400 mn to empower Indian tech startups: Report

Leading investment company Iron Pillar, which backs tech startups in India, is reportedly raising nearly $400 million to further help boost the country's startup ecosystem

Fund raising via debt placement drops 39% to Rs 32,405 crore in Apr-May

Fund raising by listed companies through private placement of corporate bonds dropped 39 per cent to Rs 32,405 crore in the first two months of the current financial year

US based Sequoia Capital aims to raise $2.25 bn amid funding winter: Report

US-based investment firm Sequoia Capital is reportedly raising new funds worth $2.25 billion from potential VCs in the funding winter

AquaExchange raises $3 mn from Endiya Partners, Accion Venture Lab

The company will deploy the capital in strengthening its technology, e-commerce operations & expanding its farm automation footprint to over 100,000 acres of farms by the end of FY23

Fintech startup Progcap raises $40 mn in funding round backed by Google

Google has invested in Indian startup Progcap that caters to small and medium-sized businesses, as it raised $40 million in its Series C funding round

How market uncertainty will impact India Inc's fund-raising plans?

India's stock market is passing through rough weather. Will the uncertainty in the secondary markets and rising interest rates impact the fund-raising plans of India Inc.? Here is a quick check

Proptech startup PropShare raises $47 mn from WestBridge Capital, others

Proptech startup PropShare has raised $47 million (around Rs 367 crore) from investors including WestBridge Capital to ramp up hiring, strengthen technology and offer more asset classes

Chaayos raises $53 mn in Series C funding led by Alpha Wave Ventures

Leading "chai" (tea) cafe chain Chaayos on Thursday announced it has raised $53 million in Series C funding led by Alpha Wave Ventures. The company said it will use the money for tech-enhancement

Re-commerce platform Cashify raises $90 mn, to build technology infra

Re-commerce marketplace Casify on Thursday said it has secured $90 million in its Series E funding from NewQuest Capital Partners and Prosus

India-focused funds on road to raising around $9.8 bn in CY22: Data

While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion