Establishing its ‘Partnership of Progress’ with the state of Assam, PepsiCo India announced its first foods manufacturing plant in Nalbari, Assam with an investment of INR 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 … Read more
Mumbai-based startup Madmix, formerly known as Daily Staple and operated by Mel Sante Food Production Pvt. Ltd., has achieved a significant milestone with a substantial pre-seed funding round valuing the company at approximately INR 12 crore. This funding round is led by Prime Securities and includes prominent investors such as Authum Investments and Team India … Read more
Sploot, a pet-parenting mobile app started by Delhi-based Garima Kaushal and Arnav Sahni, has raised USD 800,000 through its second round of seed funding. The app is backed by Info Edge’s subsidiary Redstart Labs and angel investors. With the newly raised funding, the company aims to leverage it to expand its services, including dog walking … Read more
HeyoPhone, the ingenious communication app dedicated to serving India’s thriving small and medium-sized business (SMB) community, is excited to announce the successful conclusion of its angel funding round, securing an impressive 500K USD in investment. The round witnessed enthusiastic participation from renowned super-angels who bring their expertise to the table: Aakash Chaudhry, co-founder of Aakash … Read more
SaaS FinTech Zaggle headquartered in Hyderabad, continues to make strides in the financial realm as it secures a substantial Rs 25 crore investment from ValueQuest Scale Fund in a pre-IPO round. This recent infusion of funds is a noteworthy addition to the Rs 73 crore garnered by the company through a pre-IPO placement just last … Read more
Aretto’s leap toward innovation has just become stronger as the company announces the successful completion of its seed funding round. The company secured $550K from a clutch of angel investors and advisors, which included renowned cricketer Hardik Pandya; Abhineet Singh(Co-founder of VegNonVeg and Founder Brewhouse), Shyam Raichura (MD of Aan Group), Raunak Munot (Ex-CMO of … Read more
In a Seed Round of funding, Bizpay has secured an undisclosed sum, with Inflection Point Ventures taking the lead. The allocation of the funds will see 20% directed towards product development, 60% towards marketing efforts, and the remaining 20% dedicated to other essential purposes. Bizpay presents a prepaid card solution that is seamlessly integrated with … Read more
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
