Mufin Green Finance Limited, previously known as APM Finvest Ltd., a New Delhi based Non-Banking Financial Company (NBFC), has successfully raised INR 80,000,000 (approximately USD 1 million) from Shell Foundation, a UK registered charity, according to a report by Economic Times. As an NBFC, Mufin Green Finance focuses on providing Electric Vehicle (EV) loans for … Read more
Terra Food Co. (TFC), a trailblazing gourmet cloud kitchen company, has achieved a remarkable milestone by raising $800,000 in its Pre-Series A funding round. This funding was secured from an esteemed group of investors, including Zero to One Fund, Twin & Bull Fund, ah! Ventures, and various international angel investors. Notably, existing investors like Lets … Read more
Dil Foods, a Bengaluru-based virtual restaurant operator, has successfully raised $2Mn in a Pre-Series A funding round. The brand’s mission is to collaborate with small to medium independent food businesses and restaurants to create a profitable brand that disrupts the meal market using an innovative asset-light model for food delivery, driving efficiency and maximizing profitability. … Read more
LeRemitt™, an innovative cross-border platform streamlining financial transactions, has successfully secured $1.25 million in seed funding, led by Axilor Ventures, with co-investment from Capital A. The funding round also saw participation from notable angel investors, including Ram Govindarajan (Founder of Wizfreight) and Sumit Agarwal (Founder of Vyapar). LeRemittTM is dedicated to empowering businesses, especially MSMEs … Read more
Delhi-based Wiom, a pioneering initiative aiming to provide affordable and unlimited home internet access to the next 100 million lower and middle-income households in India, has successfully raised Rs 140 crores in its Series A funding round led by RTP Global. A group of prominent investors participated in this funding round, including YourNest, Omidyar Network … Read more
Beyobo, a B2B commerce enabler that provides comprehensive solutions for cross-border procurement, has raised $5.5 million in Pre-Series A funding led by Inflection Point Ventures. SAN Angels, Indian Angel Network, and Hyderabad 6Angels also participated in the round, along with several other individual angels. The funding round was initiated by CENSIE Capital Partners, who acted … Read more
Mumbai-based GreenCell Mobility, a prominent pan-India shared electric mobility player, has entered into a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a substantial commitment of INR 3,000 crore to promote sustainable transportation in the country. The INR 3,000 crore MOU, inked with REC, is dedicated to financing over 3,000 … Read more
ZYBER 365, a promising Web3 startup, has achieved a major milestone by raising $100 million in its Series A funding round, led by UK-based SRAM & MRAM Group. This significant investment has valued the startup at an impressive $1.2 billion, earning it the prestigious unicorn status, as reported by multiple media outlets. Founded in May … Read more
EvolveX accelerator, a startup accelerator led by the esteemed We Founder Circle (WFC), a global community of successful founders and strategic angels, has recently disclosed its investment in a Pre-Seed round of EVINDIA. EVINDIA is a groundbreaking influencer-driven social commerce platform catering to EV two-wheeler buyers. Having emerged as a standout startup from EvolveX’s Cohort … Read more
Kandle.xyz, an exciting crypto fantasy GameFi project hailing from Singapore, has recently announced the successful closing of a USD 1.7 million seed round, with Saama leading the investment. The funding injection will be utilized to further develop the platform and expand its user base, with a special focus on their flagship product, ‘Crypto Fantasy Leagues.’ … Read more
Ethereal Machines, a Bengaluru-based company specializing in the manufacturing of 5-Axis CNC machines, has successfully raised $7.3 million in a Pre-Series A funding round. The funding was backed by prominent investors such as Peak XV’s Surge, Blume Ventures, Ganapathy Subramaniam, Mathew Cyriac, Lip-Bu Tan, Finvolve, 9Unicorns, Venture Catalysts, and T2D3 Capital, as reported by TechinAsia. … Read more
In a significant boost to the Proptech industry, Altre, a Gurugram-based startup, has successfully raised $1 million in a pre-series A funding round from institutional investors, as reported by Economic Times. Altre is dedicated to leveraging technology to solve real-world challenges in the Commercial Real Estate (CRE) sector. By automating and streamlining CRE processes with … Read more
Gushwork.ai, a platform that combines AI technology with a remote workforce, has successfully raised $2.1 million in a pre-seed funding round. This funding was led by Lightspeed Ventures, with participation from other investors like B Capital, Sparrow Capital, Seaborne Capital, and Beenext. The startup, based in New York and founded by Nayrhit Bhattacharya (from IIT … Read more
New investor Athera Venture Partners and existing investors Blume Ventures, Exfinity Venture Partners, and MFV Partners also participate BENGALURU, India and DETROIT, July 21, 2023 /PRNewswire/ — Ati Motors, maker of autonomous industrial robots, today announced the close of its Series A funding round in the amount of US$10.85 million. The investment, occurring alongside the company’s product … Read more
PingSafe, the cybersecurity startup co-founded by ethical hackers Anand Prakash and Nishant Mittal, has successfully raised $3.3 million in seed funding. The funding round was led by Peak XV Partners (formerly Sequoia India) and attracted participation from several other investors, according to various media reports. Among the investors who participated in this funding round were … Read more
During the first half of 2023, the Indian Startup Ecosystem faced a significant setback in venture capital (VC) funding activity, resulting in a noticeable impact on the overall value, as per GlobalData, a prominent data and analytics company. The report highlights that a total of 568 VC funding deals worth $3.7 billion were announced in … Read more
