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Plug-and-Play FPV Drone Maker InsideFPV Raises ₹2.75 Crore in Seed Round Led by Inflection Point Ventures

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Gurugram-based drone manufacturer InsideFPV has raised ₹2.75 crore (~$380,000) in a seed funding round led by Inflection Point Ventures. The round also saw participation from angel investors such as Abhishek Rungta, founder of Gofrugal, and Ashish Agarwal, former CEO of Pepperfry. InsideFPV was founded in 2020 by Akshay Kathuria and Ayush Aggarwal. The company designs … Read more

OfficeBanao Secures Additional Funding from Top Investors

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Gurugram-based proptech startup OfficeBanao has raised funds from three angel investors, including former Meta India MD Ajit Mohan and former Colliers India CEO Ramesh Nair. The investment is the latest in a string of funding rounds for OfficeBanao, which has raised a total of $6.2 million in funding since its inception in 2021. The fresh … Read more

SOS Secures $7.6M in Funding, Supported by Wasserman Ventures and Urban Us Capital

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SOS, the female-founded company that is redefining wellness on the go through a fast-growing network of smart vending machines, is announcing $7.6 million in funding in two separate strategic partnerships: a $2.6 million investment round supported by Wasserman Ventures and $5 million round led by Urban Us Capital to support machine production and expansion. Through these partnerships, SOS will leverage the investment to expand into sports arenas, … Read more

Volt Money Raises $1.5 Million In Pre-seed Funding Led By Titan Capital And All In Capital

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Volt Co-Founders

Volt Money, a leading platform for instant secured loans against mutual funds, has successfully completed a pre-seed fundraising round of $1.5 million. The platform enables mutual fund investors to access cash within 10 minutes, offering favorable terms such as low interest rates, interest-only EMIs, and no pre-payment charges. With the aim of serving 10 crore … Read more

Thriwe, A Delhi-based Company, Secures Investment From Saudi Arabia’s Al Multaq Group, Marking Expansion Into The Saudi Arabian Market

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Thriwe, the leading B2B “Benefits as a Platform” company in India, has unveiled its expansion into Saudi Arabia through a strategic partnership with Al Mutlaq, a prominent multi-billion-dollar conglomerate specializing in venture capital and private equity. This collaboration involves an undisclosed investment from Al Mutlaq to support Thriwe’s regional launch and operations in Saudi Arabia. … Read more

TankhaPay secures $2.7 million funding from Japanese investors

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TankhaPay, India’s pioneering social security app developed by Akal Information Systems Ltd., secures a substantial $2.7 million funding from prominent Japanese investors. This app addresses the crucial need for social security among informal, gig, and temporary workers by facilitating their inclusion in government schemes such as PF and ESI. TankhaPay formalizes payroll processes, ensuring the … Read more

Arkon Energy Bolsters Global Expansion with $26 Million Capital Raise

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Arkon Energy Pty Ltd (Arkon), a global data center infrastructure company, today announced the successful completion of a $26 million capital raise with new funding being provided by Sandton Capital Partners, a global credit-oriented asset manager and participation from JGB Management, an existing lender to Arkon. The investment into Arkon is set to bolster the company’s strategic … Read more

TransBnk, a fintech startup aiming to revolutionize transaction banking in India, secures $1 million in seed funding from 8i Ventures

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Mumbai-based fintech startup, TransBnk, has successfully raised $1 million in seed funding. The funding round was led by 8i Ventures, a prominent early-stage venture capital fund known for its successful investments in the fintech sector, including M2P, Slice, and Easebuzz. Other contributors to the funding round include Growthcap Ventures, Leadway Ventures LLP, Growth Sense, as … Read more

L Catterton (LVMH) Invests $60 Million in Indian Pet Food Brand Drools

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Drools, a renowned Indian pet food brand, has successfully secured funding from consumer growth investor L Catterton (LVMH). The private equity firm’s investment of $60 million represents a 10% stake in Drools, making it one of the most substantial investments in India’s pet care industry to date. This strategic move not only expands L Catterton’s … Read more

Decentralized Identity Startup Intuition Raises $4M in Funding Round

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Intuition, a decentralized infrastructure provider, has successfully raised $4 million in a seed round led by Superscrypt. The funding comes as Intuition prepares for the public launch of its protocol and first applications later this year. Intuition’s groundbreaking platform enables users to create attestations about any subject and store the information in a manner that … Read more

Gro Club, India’s First Circular D2C Kids Subscription Platform, Raises INR 4.3 Cr in Funding Led by Ramaiah Evolute

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Gro Club, a direct-to-consumer (D2C) kids subscription platform that operates on the principles of circular economy, has announced securing INR 4.3 crores in funding at a valuation of INR 25 Cr. The funding round was led by Ramaiah Evolute, a startup wing of the MS Ramaiah Group. The funding round also saw participation from an … Read more

Trala Raises $8M Series A, to Revolutionize Music Education and Cultivate a New Generation of Musicians

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Trala, the innovative online music school, is excited to announce the closing of its $8M Series A funding round, led by Seven Seven Six, with participation from Lachy Groom Fund, Altman Capital, Next Play Ventures, and Concrete Rose Ventures. This latest investment brings Trala’s total funding to $15M, supporting its mission to make world-class music education accessible to … Read more

In-Restaurant Ordering App peAR Raises INR 4.2 Cr in Pre-Series-A

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peAR, one of the first startups in Asia-Pacific to make an augmented-reality based in-restaurant ordering app, has raised Rs 4.2 crore in a Pre-series A led by 1crowd and Chennai Angels and co-Led by Inflection Point Ventures (IPV). The funds raised will be utilized to scale the company’s current suite of solutions across geographies and … Read more

SolarTech and Financing Platform Aerem Raises $5 Mn Funding

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Aerem, India’s leading SolarTech platform, today announced the funding of $5 million (~ INR 41 crores) in Pre-Series A round led ​​by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from prominent financial institutions. Mumbai-headquartered Aerem will utilize these funds to expand … Read more

Maanaveeya (Oikocredit) provides Moneyboxx with a term loan worth INR 20 crores

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Moneyboxx Finance Limited, a BSE-listed NBFC that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III cities and below, secured INR 20 crores term loan from Maanaveeya Development & Finance Private Limited (Maanaveeya), an Indian subsidiary of Oikocredit, a 40-year-old Global Development Financing Institution that responds to the needs of businesses … Read more

Gold loan provider Yellow Metal raises $3M from MSA Novo

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Yellow Metal, a lender of gold loans located in Bengaluru, has raised $3 million in a seed investment round headed by MSA Novo, a multi-stage venture capital firm, with participation from Spiral Ventures, a Japanese VC firm, and current investors WaterBridge Ventures and Java Capital. According to the firm, the additional funding will help extend … Read more