Kozhikode, Kerala-based chargeMOD, a provider of charging solutions for electric vehicles (EVs), has successfully secured ₹2.5 crore in a Pre-Seed Round of funding from Phoenix Angels, an angel network based in Thrissur. This announcement was made by the startup. The newly acquired funding will empower the startup to expedite the growth of its product offerings, … Read more
Anthropic PBC, a pioneering artificial intelligence startup and public-benefit corporation headquartered in the United States, has secured a significant investment of $100 million from SK Telecom, South Korea’s largest telecommunications company. This noteworthy collaboration comes as a result of Anthropic’s previous engagement with SK Telecom Venture Capital (SKTVC), the venture capital arm of SK Telecom … Read more
The Technology Development Board (TDB), a division of the Department of Science & Technology (DST) within the Government of India, has entered into an agreement with TIEA Connectors Pvt Ltd, a hardware startup based in Bengaluru. This partnership falls under the initiative “Commercialization of Indigenous Technologies through Tech Start-ups.” TIEA Connectors, incubated at the Society … Read more
Bangalore-Based Gaming Startup, MetaShot, Secures $400K in Pre-Seed Funding Round with Inflection Point Ventures On Board. Other participants include a dedicated early-stage gaming fund and notable angel investors, including Ankit Mehrotra, Sahil Jain, and Khalid Qazi, co-founders of Dineout. The infusion of funds will drive team expansion, fuel growth and marketing initiatives, and support ongoing … Read more
Faad Network, India’s leading early-stage fund, has led the seed funding round of 500,000 USD for Bluwheelz, India’s pioneering EV fleet-as-a-service company. The funding round saw strong participation from Lets Venture, as well as from an esteemed group of High-Net-Worth Individuals (HNIs), a prominent family office, and marquee angel investors from both India and the … Read more
Dr. Mantra, a pioneering wellness startup following a direct-to-consumer (D2C) model and rooted in Ayurvedic principles, has successfully secured a bridge round of funding amounting to nearly $200K. This funding effort was led by 100X and saw the participation of esteemed angel investors, including Deep Bajaj and Mohit Bajaj, the founders of the renowned FemTech … Read more
Credgenics, a prominent player in the realm of SaaS-based debt collections platforms, is embarking on a substantial growth journey as it secures a substantial $50 million in a series B funding round. This pivotal funding effort is being led by its existing investors, Westbridge Capital and Accel, showcasing their continued confidence in the company’s potential. … Read more
Go Zero, an innovative ice cream brand dedicated to offering guilt-free delights, has successfully raised USD 1 Million in its pre-Series A funding round. The round was led by DSG Consumer Partners, Saama, and V3 Ventures, along with notable participation from angel investors such as Shantanu Deshpande, CEO of the Bombay Shaving Company; Arjun Purkayastha, … Read more
India’s first Fixed-Return Investment Platform, Stable Money, raised $5 Million in a seed round led by Matrix Partners India and Lightspeed, with participation from Titan Capital, Mar Shot Ventures, and prominent angel investors. The funds will be used to bolster senior leadership hiring, forge financial partnerships, build technology, and develop a user-friendly mobile app for … Read more
BabyOrgano, the Ayurvedic babycare firm, has exciting news to share! It has successfully raised $150K in pre-seed funding from DevX Venture Fund. Founded by the visionary Riddhi Sharma, BabyOrgano draws inspiration from her personal experiences to create safe and effective healthcare solutions for children. Rooted in Ayurveda, BabyOrgano envisions a modern, accessible, and user-friendly approach … Read more
Investment firm Matrix Partners India has led a $4 million seed funding round for New York-based Emtech, a fintech company focused on modernizing central banks for financial inclusion and resilience. Other investors in this round include BTN, VestedWorld, Equity Alliance, and Lofty. Emtech will use the newly acquired funds to further develop its infrastructure tools … Read more
Monitra Healthcare, India’s first 24×7 extended remote cardiac monitoring diagnostic platform has closed its Pre-Series A funding, led by 91Ventures and Lavni Ventures. Monitra Healthcare raised USD 500K in equity funding led by 91Ventures (syndicate fund led by Pranay Gupta) and Lavni Ventures (Social impact VC fund). The round also saw participation from ACG World … Read more
After its success last year, entrepreneur and angel investor – well-known as the founder of Shaadi.com – Anupam Mittal has announced the return of the unique social-media-driven DreamDeal initiative to not only ignite an entrepreneurial spirit amongst the Indian youth and the less privileged sections of society but also give further impetus to it. Through the second iteration of … Read more
In response to the increasing challenges posed by urbanization and population growth, innovative space-saving furniture brand ‘Wallter Systems’ has successfully secured an undisclosed amount in a seed funding round, with the prominent backing of Inflection Point Ventures. The fresh infusion of funds is earmarked for bolstering Wallter Systems’ brand presence and expanding its operations. Wallter … Read more
Unstop, a Mumbai-based community and hiring platform, is in the process of raising $5 million in its first round of funding, with leading investments coming from Japan’s Job board Myanvi and digital learning platform Coursera, as reported by various media outlets. Joining them as investors in this funding round are Venture Catalysts, 9Unicorns, and Pankaj … Read more
Ramaiah Evolute, a prominent player in the Indian startup ecosystem, is thrilled to announce the launch of RE Cohort 3 for the year 2023. The RE Program, pioneered by Ramaiah Evolute, presents a groundbreaking approach to funding early-stage Indian startups. With a commitment to fostering innovation and empowering exceptional startups, the program will invest up … Read more
