Entrepreneur News Network

SKF India to Invest Up to ₹1,460 Crore by 2030 to Expand Manufacturing Capabilities

SKF India

SKF India, the leading bearings manufacturer, has unveiled plans to invest between ₹1,210 crore and ₹1,460 crore by 2030 to significantly expand its manufacturing capacities in India’s growing industrial and automotive sectors. The strategic investments, detailed in an investor presentation, aim to meet surging domestic demand and position SKF India for future growth. Industrial Expansion … Read more

Blostem Raises Seed Funding to Digitize Fixed Deposit Distribution Infrastructure in India

Blostem Founder

Blostem, a leading B2B infrastructure platform for fixed deposit (FD) distribution, has secured fresh seed funding from AC Ventures, further strengthening its efforts to revolutionize how FDs are offered and accessed in India. This latest investment adds to earlier backing from Mobikwik and Kapil Bharti (co-founder of Delhivery), bringing Blostem’s total seed funding to Rs … Read more

Aukera Raises $15 Million Series B to Expand Lab-Grown Diamond Jewellery Brand

Lab-grown diamond jewellery brand Aukera has raised $15 million in a Series B funding round led by Peak XV Partners, with participation from existing investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital. The fresh capital will help the brand accelerate its retail expansion, enhance product innovation, and solidify its presence in India’s fast-growing … Read more

StayVista Raises ₹40 Crore in Series B Round Led by JSW Ventures to Accelerate Expansion

StayVista Founder

Luxury villa and homestay rental platform StayVista has secured ₹40 crore (approximately $4.6 million) in a Series B funding round led by JSW Ventures, with additional participation from existing backers DSG Consumer Partners and Capri Global Family Office. The Mumbai-based startup, founded in 2015 by Ankita Sheth, Amit Damani, and Pranav Maheshwari, plans to use … Read more

Fashion-Tech Startup ZILO Raises $4.5 Million Seed Funding to Expand Rapid Delivery Service

ZILO, a fashion-tech startup revolutionizing quick commerce in the apparel sector, has raised $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The capital will enable ZILO to accelerate its journey towards product-market fit, reinforce its hybrid supply chain, build strategic brand partnerships, and expand operations beyond Mumbai into other major … Read more

Raphe mPhibr Raises Record $100 Million in Series B Funding to Scale India’s Aerospace and Drone Manufacturing Capabilities

Raphe mPhibr

Raphe mPhibr, a leading aerospace and defence-tech startup based in Noida, has raised $100 million in an all-equity Series B round, setting a record for the largest private funding in India’s drone and aerospace manufacturing sector. The round was led by General Catalyst, with participation from Amal Parikh, Think Investments, and several high-net-worth individuals (HNIs). … Read more

GoKwik Raises $13 Million Growth Round to Power Global Expansion and AI-Driven E-commerce Solutions

Gokwik

E-commerce enablement platform GoKwik has secured $13 million in a growth funding round led by existing investor RTP Global. The round also saw participation from Z47, Peak XV Partners, and Think Investments. With this latest funding, GoKwik’s total capital raised has reached $68 million to date. The company previously raised $35 million in a Series … Read more

Utopia Therapeutics Secures $1.5 Million Seed Funding to Advance Next-Gen Obesity Vaccine

Utopia founder

Hyderabad-based biotech startup Utopia Therapeutics has raised $1.5 million in seed funding from Whale Tank to accelerate the development of next-generation vaccines targeting chronic metabolic diseases, with a primary focus on obesity. The newly secured capital will support the preclinical development of Utopia’s lead immunotherapeutic candidate, UT009, and enable the company to move toward regulatory … Read more

Skippi Raises ₹12 Crore in Extended Pre-Series A Round, Plans Middle East Expansion

Skippi

Hyderabad-based ice popsicle brand Skippi has raised ₹12 crore (approximately $1.4 million) in an extended pre-Series A funding round, as per a company statement. The round was led by Dubai-based strategic family offices of Surya, which contributed ₹10 crore, while the remaining ₹2 crore came from other angel investors. Founded in 2021 by Ravi and … Read more

Innovodigm Raises ₹5.5 Crore in Seed Funding to Revolutionize Vaccine Delivery

Med-tech startup Innovodigm has secured ₹5.5 crore in a seed funding round led by the IAN Group (Indian Angel Network), with IAN contributing ₹4.5 crore and the remaining investment coming from PadUp Ventures. The Bengaluru-based startup plans to deploy the fresh capital for process optimization, infrastructure expansion, and team growth to support third-party preclinical validations … Read more

Bengaluru-Based Kazam Raises $6.2 Million in Series B Round Led by IFC to Scale EV Infrastructure

Kazam

As reported by The Times of India (TOI) Kazam, a Bengaluru-based electric mobility technology company, has successfully raised $6.2 million in a Series B funding round, led by the International Finance Corporation (IFC). Existing investors Vertex Ventures and Avaana Capital also participated in the round, according to a report by The Times of India (TOI). … Read more

KIIT-TBI Invests ₹49 Lakh in GoCarin to Scale Sustainable Livestock Technology

GoCarin

GoCarin Industries Pvt. Ltd., a rising agri-tech startup focused on delivering technology-driven solutions for farmers, has secured ₹49 lakh in funding from the KIIT Technology Business Incubator (TBI). The investment was made under the BIRAC LEAP programme, a flagship initiative supported by the Government of India to accelerate biotech and agri-tech innovation. Backed by BIRAC … Read more

Renewbuy Secures $10 Million in Fresh Funding Ahead of Planned Merger with InsuranceDekho

Insurtech platform Renewbuy has raised $10 million (approximately ₹86 crore) in fresh funding from its existing investors, Apis Partners, a London-based private equity firm, and 360 One (formerly known as IIFL Wealth). Funding to Support Business Operations and Growth According to an Economic Times report, the newly raised capital will be utilized to support Renewbuy’s … Read more

CLR Facility Services Partners with BII for $15 Million Investment to Drive Inclusive and Sustainable Growth

CLR facility

CLR Facility Services Pvt Ltd (CLR), one of India’s leading integrated facility management solutions providers, has announced a strategic partnership with British International Investment (BII), the UK’s development finance institution and impact investor. As part of this collaboration, BII has committed $15 million (approximately INR 125 crore) to support CLR’s growth and expansion plans. Focus … Read more

Illumine Raises $2.5 Million in Seed Funding to Revolutionize Early Childhood Education with AI

illumine Founders

Bengaluru-based startup Illumine, which is transforming early childhood education through artificial intelligence, has secured $2.5 million in seed funding from Prime Venture Partners. This funding builds upon the company’s previously raised $779K in the same round. Illumine plans to use the fresh capital to accelerate product development and expand its international presence, according to a … Read more

Nuvie Raises $450K in Pre-Seed Round to Revolutionize Healthy Eating in India

Nuvie Founders

Bengaluru-based food and beverage (F&B) startup Nuvie has successfully raised $450,000 (approximately ₹3.8 crore) in its maiden pre-seed funding round. The round was led by startup accelerator PedalStart, with key participation from renowned entrepreneurs and investors including Mukesh Bansal (Founder of Myntra, Cult.fit, and Nurix), Ayyappan R, Chanakya Gupta, and Arun Sharma. Strategic Growth Plans … Read more

Pehle Jaisa Raises $300K to Scale Decentralized Rural Waste Management Across India

Team Pehle Jaisa

Pehle Jaisa, a Gurugram-based startup focused on converting waste into valuable resources, has secured $300,000 in a pre-Series A funding round. The investment was co-led by Pantnagar Capital and Climate Angels, reinforcing the growing investor confidence in sustainable, rural-centric business models. Earlier, the company had raised $169,000 in a seed round, which helped it establish … Read more

Capri Global Capital Raises ₹2,000 Crore via QIP to Fuel Growth and Innovation

Capri Loans

Capri Global Capital Limited (CGCL), a leading non-banking financial company (NBFC), has successfully raised ₹2,000 crore through a Qualified Institutions Placement (QIP). This marks the company’s first major capital raise in over a decade. The funds were secured by issuing around 136.5 million shares to Qualified Institutional Buyers (QIBs) in compliance with SEBI’s ICDR Regulations. … Read more

Stride Ventures Backs Wow! Momo Foods with Rs 85 Crore Debt Investment to Fuel Omnichannel Growth

Wow Momo

Wow! Momo Foods, a leading quick-service restaurant (QSR) brand, has secured a Rs 85 crore debt investment from Stride Ventures. This strategic funding is set to accelerate the company’s mission to build India’s most dynamic ecosystem of homegrown brands, including Wow! Momo, Wow! China, Wow! Chicken, and Wow! Kulfi. Driving Omnichannel Expansion With this fresh … Read more

Flick TV Secures $2.3 Million in Seed Funding to Expand Microdrama Content and Enhance Platform

Flick TV

Flick TV, an emerging OTT platform specializing in microdramas, has successfully raised $2.3 million (₹19.7 crore) in its seed funding round. The investment was led by Stellaris Venture Partners, with participation from Gemba Capital and Titan Capital. The newly acquired funds will be utilized to boost content creation, enhance the mobile streaming experience, and expand the platform’s reach across regional languages. … Read more