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FUNDING

Leanworx Secures ₹8.3 Crore Seed Funding to Scale Industry 4.0 Solutions in India and Beyond

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Learnworx Founder

Bengaluru-based Leanworx, a startup revolutionizing manufacturing productivity through real-time machine monitoring, has raised ₹8.3 crore in its seed funding round. Led by YourNest Venture Capital, the funding includes ₹6.5 crore from YourNest and ₹1.5 crore from an angel investment group. Fueling Growth and Innovation The newly secured funds will accelerate Leanworx’s expansion in India and … Read more

Aurionpro Solutions Acquires Fenixys to Strengthen European and Middle Eastern Footprint

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Aurionpro Solutions, a leading provider of technology solutions for the financial services sector, has announced the acquisition of Fenixys, a Paris-based consulting firm renowned for its expertise in capital markets services. This strategic move aims to bolster Aurionpro’s presence across Europe and the Middle East, aligning with its broader banking and FinTech growth strategy. Key … Read more

HostBooks Secures $5 Million Funding from Orange Orbit LLP to Accelerate Global Expansion

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HostBooks, a leading provider of automated cloud-based accounting solutions, has successfully secured $5 million in funding from Orange Orbit LLP. This strategic investment marks a significant milestone for HostBooks, enabling the company to fast-track its global expansion and further enhance its innovative suite of services for businesses worldwide. Driving Innovation in Cloud Accounting Founded with … Read more

India: The World’s 3rd Largest Startup Hub Revolutionizing Innovation and Entrepreneurship

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India has firmly established itself as one of the most dynamic startup ecosystems globally, ranking as the 3rd largest startup hub. With over 100 unicorns and a robust ecosystem of 73,000 startups with women directors, India is setting a benchmark in innovation, inclusivity, and entrepreneurship. These startups, representing nearly half of the 1,57,066 startups recognized … Read more

Mindgrove Technologies Secures $8 Million Series A Funding to Advance Semiconductor Innovation

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Sharan Srinivas J (CTO) and Shashwath TR (CEO), Mindgrove Technologies

Mindgrove Technologies, a Chennai-based fabless semiconductor design startup, has announced raising $8 million in its Series A funding round. The round was co-led by Rocketship.vc and Speciale Invest, with participation from Mela Ventures, Peak XV Partners, Nishchay Goel, Whiteboard Capital, and new investor Anshul Goel. Expanding Horizons with Fresh Capital The funds will be utilized … Read more

Indian Startup IPOs in 2023: A Landmark Year with ₹29,247 Crore Raised

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The Indian startup ecosystem reached a remarkable milestone in 2023, with 13 new-age companies launching Initial Public Offerings (IPOs) and collectively raising over ₹29,247 crore from the stock market. This surge represents a significant increase compared to previous years, with 10 IPOs in 2021, six in 2022, and six in 2023. IPO Breakdown and Fund … Read more

M37Labs Secures Pre-Seed Funding From Concept Group

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M37Labs Founders

M37Labs, a trailblazer in artificial intelligence solutions, has officially launched, bringing innovative AI capabilities to enterprises worldwide. Founded by visionary leaders Prashant Shivram Iyer and Zorawar Purohit, the company has already secured a significant undisclosed amount in pre-seed funding from Vivek Suchanti, owner of the Concept Group, marking a strong endorsement of M37Labs’ mission and … Read more

EPACK Prefab Raises $20 Million in First Funding Round to Boost Sustainable Modular Construction

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New Delhi, December 23, 2024: EPACK Prefab, a leader in pre-engineered buildings (PEB), prefabricated modular structures, and insulation products, has announced raising $20 million in its inaugural funding round led by GEF Capital Partners, a prominent global private equity fund. Advancing Sustainability in Modular Construction This funding underscores EPACK Prefab’s commitment to sustainability, leveraging modular … Read more

SOUKYA Embarks on Global Expansion with INR 220 Cr Investment in Portugal

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SOUKYA, India’s first NABH-accredited AYUSH hospital and a global leader in integrative medicine, is expanding its footprint internationally with a landmark INR 220 Cr investment in Portugal. Founded in 2002 by renowned holistic health specialist Dr. Isaac Mathai, SOUKYA’s first international venture will bring its unique blend of traditional and natural healthcare practices to Europe. … Read more

QuiD Cash Raises $4.5 Million to Revolutionize Supply Chain Financing

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Bangalore-based B2B supply chain digital lending platform, QuiD Cash, has announced raising USD 4.5 million in a funding round comprising equity and lending capital. The funding round saw participation from new investors, with MINTCAP, an existing investor, reaffirming its support. This funding follows the seed round raised in March 2024 and marks a significant step … Read more

ZETWERK Secures $90 Million in Latest Funding Round, Valuation Soars to $3.1 Billion

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ZETWERK Manufacturing Businesses has reportedly raised USD 90 million in its latest funding round, led by Rakesh Gangwal and Khosla Ventures, according to recent media reports. This significant capital injection has propelled the company’s valuation to an impressive USD 3.1 billion. Additionally, ZETWERK has achieved a remarkable Gross Merchandise Value (GMV) of ₹17,564 crore (approximately … Read more

Fitsol Secures $1 Million Seed Funding from Transition VC to Revolutionize Decarbonization in Manufacturing

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Fitsol, a pioneering decarbonization platform for the manufacturing industry, has raised USD 1 million in seed funding led by Transition VC. Founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra, Fitsol is committed to enabling manufacturers to measure, report, and actively reduce carbon emissions through its innovative AI-driven platform, … Read more

FinX Secures $6 Million Seed Funding to Bridge India’s Education-Employability Gap

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FinX, a skilling platform focused on equipping India’s BFSI (Banking, Financial Services, and Insurance) sector with job-ready talent, has raised $6 million in seed funding from Elevar Equity. Addressing India’s Employability Challenge India faces a significant gap between formal education and market-ready skills. According to the India Skills Report 2024, more than 50% of Indian … Read more

SolarSquare Secures $40 Million Series B Funding to Accelerate Growth

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India – SolarSquare, a leading residential rooftop solar startup, has raised $40 million in a Series B funding round led by Lightspeed and Lightrock, with participation from existing investors including Elevation Capital, Chris Sacca’s Lowercarbon, Nithin Kamath’s Rainmatter, and Gruhas Proptech. The funds will be directed toward expanding operations, hiring top talent, enhancing technology, and … Read more

Rebel Foods Secures $210 Million Investment, Maintains $1.4 Billion Valuation

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Mumbai, India – Rebel Foods, the operator behind popular cloud kitchen brands such as Behrouz Biryani, Faasos, and Oven Story Pizza, has raised $210 million in its latest funding round. The investment, led by Singapore’s sovereign fund Temasek, includes a mix of primary and secondary transactions. Rebel Foods’ valuation remains steady at $1.4 billion, the … Read more

Shubham Housing Finance Secures Over INR 1,000 Crore in Landmark Funding Round

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Shubham Housing Development Finance Company Limited (Shubham), a leading player in affordable housing finance, has achieved a major funding milestone, raising over INR 1,000 crore in a round led by Multiples Private Equity. The investment marks a new chapter for Shubham as it strengthens its position in India’s financial services sector and expands its reach … Read more