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Chennai-based EV motor controller maker Revoh Innovations raises $150,000 Seed funding

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Revoh Innovations Private Ltd., an IIT-Madras-incubated Electric Vehicle sub-component manufacturing firm, has raised $150,000 in a Seed round from Angel Investors Vel Kanniappan and Ravi Renganathan. Revoh was founded a few years ago by a group of Electronics Engineering graduates with the primary purpose of localising the manufacturing of electric vehicle sub-components and eventually reducing … Read more

Ather Energy raises $128 mn investment from NIIF, Hero MotoCorp

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Ather Energy, based near Bengaluru, has raised $128 million in a new investment round led by sovereign wealth fund National Infrastructure Investment Fund (NIIF) and current backer Hero MotoCorp. In this round, Hero MotoCorp has put in $56 million (approximately Rs. 420 crore), with the remainder of the money coming from NIIF. Other previous investors … Read more

FuelBuddy launches doorstep fuel delivery services in Northeast India

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 India’s first and largest legal doorstep fuel delivery service provider, FuelBuddy, recently launched its services in the North-Eastern part of India. The expansion is backed by an Rs. 35 crores investment and promises an employment opportunity for 300 locals.  In order to streamline its operations across the seven sisters, FuelBuddy has partnered with Apna Pump … Read more

MoEVing raises $5 million in seed funding

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MoEVing, one of the leading full stack electric mobility platforms, has raised $5 million in seed funding from investors such as BeyondTeq, a UAE-based venture capital firm, GCC family offices, Strides One, TradeCred, N+1 Capital, Nitish Mittersain, and others. MoEVing is well-known for providing solutions to top e-commerce, e-grocery, FMCG, and D2C enterprises to help … Read more

HR tech platform HONO raises $5 mn in series A funding

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HONO, a prominent HR digital solutions provider, revealed that it had raised $5 million in a series A fundraising round led by Aakash Chaudhry, managing director of Aakash+BYJU’s, a test-preparation firm. Other individual investors such as Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group contributed the remaining $1 million to … Read more

South Indian meals startup VS Mani & Co raises 2.5 cr in angel funding

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In an angel fundraising round, VS Mani & Co, a speciality south Indian food firm, raised 2.5 crore. According to a press release issued by the company, angel investors included Haresh Chawla, partner, True North Co; Anupam Mittal, founder and CEO Individuals Group; Ashish Hemrajani, founder & CEO, BookMyShow; Sidharth Rao, group CEO DentsuMB; RajanNavani, … Read more

Josh Talks Raises $3.5 M From Ankur Capital

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Ankur Capital led a $3.5 million funding round for Josh Talks, an upskilling platform. Among the notable investors in the round were Vijay Shekhar Sharma (Paytm), Vaibhav Domkundwar (Better Capital), Vineeta Singh (SUGAR Cosmetics), Ritesh Agarwal (OYO), and Ankur Warikoo (Ex-Nearbuy). Josh Talks, which previously raised $1.5 million from the New York-based Media Development Investment … Read more

Home Renovation App Kolo Raises 4 Million In Funding

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Kolo, India’s top home content community, has raised $ 4 million from global venture capital company RTP Global and previous investor Better Capital. The fresh investment will help the company continue to grow, improve consumer-facing product offerings such as the content recommendation engine, community offering, digital portfolio, and professional tools, and expand its presence across … Read more

Redcliffe Lifetech raises $61 mn for expansion

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Redcliffe Lifetech (Redcliffe), an omnichannel diagnostics platform, has raised $61 million in a Series B round led by LeapFrog Investments and including Healthquad, Schroders, LC Nueva, Growth Spark Ventures, and existing investors Chiratae Ventures and Alkemi Venture Partners. Redcliffe was founded in 2018 and provides diagnostic services through its network of 22 labs in 14 … Read more

Klub’s Rs. 200 Crore Revenue Based Financing Fund Backs 15 Growth Stage Companies in 3 Months

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Klub, India’s leading Revenue Based Financing platform, today announced that it has funded more than 15 growth & late-stage online businesses through its Rs. 200 crores Revenue Based Financing fund. The fund’s diverse portfolio consists of digital businesses such as the popular online apparel platform, Bewakoof, India’s largest gourmet chocolate brand, SMOOR, Gourmet Garden, The New Shop & many more. … Read more

cKers Finance invests USD 1 Million in Gradiant’s industrial wastewater recycling & re-use project

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cKers Finance, an NBFC focused on financing sustainability and clean energy transition in India has announced a USD 1 million debt financing tie-up with Gradiant India Private Limited, a water treatment technology innovator. This facility is used to finance a 4MLD Effluent Treatment Plant setup on a Design-Build-Own-Operate-Maintain (DBOOM) for an invested grade off taker in the chemicals industry. Gradiant, … Read more

Shri Sarbananda Sonowal announces investment of Rs. 50 Crore in Maritime Start-ups by Cochin Shipyard

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Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal today announced in Kochi that Cochin Shipyard Limited has committed to invest an initial corpus of Rs. 50 Crore in Start-up companies engaged in the maritime sector. Shri Sonowal also unveiled the Government’s plan for building Hydrogen Fuelled Electric Vessels keeping pace with the Global … Read more

Student Ayurveda startup gets Rs 2.50 crore funding at Global Ayush Investment and Innovation Summit 2022

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Ministry of Ayush has taken several initiatives to encourage a startup culture in the field of traditional medicines. The three-day Global Ayush Investment and Innovation Summit (GAIIS 2022) also witnessed enthusiastic participation from startups and students, who showcased their products and various initiatives. In the exhibition held at GAIIS 2022, many established companies along with … Read more

Agritech Startup Poshn Raises $3.8 M In Funding

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Poshn, an agritech platform for wholesale processed commodities distribution and financing, announced in a press release that it has raised $3.8 million (Rs 28.8 crore) in a seed fundraising round headed by Prime Venture Partners with participation from Zephyr Peacock. The startup plans to use the new funds to expand and hire across engineering and … Read more

Vegan health wellness brand Fitspire raises $300k In funding

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Fitspire, a vegan health and wellness firm, has acquired $300,000 in funding from Ivor Braganza and Rajesh Sud, two worldwide marquee investors. Fitspire, founded in 2020 by IIM Lucknow graduate Vipen Jain, offers a variety of nutritional health and wellness products. Fitspire produces Vegan Proteins, Multivitamins, Vitality, Healthy Snacking (Bars and Peanut Butter), Weight Management … Read more

Ayu Health Secures $27 M In Series B Funding

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The Fundamentum Partnership, an early growth stage firm created by Nandan Nilekani and Sanjeev Aggarwal, led a $27 million Series B fundraising round for Ayu Health Hospitals. Existing investors Stellaris Venture Partners, Vertex Ventures, and Alteria Capital joined the round, as did US-based fund 57 Stars, Rohit MA-led Capier Investments, angel investors Ashish Gupta, Khadim … Read more