ICICI Lombard and Capital Small Finance Bank announces Corporate Agency Alliance

Sarvjit Singh and Birendra Mohanty (from left to right)

Capital Small Finance Bank (CSFB), India’s first small finance bank, has joined forces with ICICI Lombard, a leading private general insurance company, in a strategic Bancassurance Corporate Agency tie-up. This collaboration marks a significant milestone for CSFB’s growth strategy, aiming to widen its product offerings and provide a more diverse range of general insurance solutions … Read more

Sterlite Power Secures Funding Worth INR 1373 crore from PFC for NKTL Project

Sterlite Power, a leading power transmission company, has successfully achieved financial closure for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project, secured with funding of ₹1,373 crore from Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise, marks a significant step towards strengthening India’s green energy corridor. “We are pleased to conclude the … Read more

Acer Unveils Its First Copilot+ PC, the Swift 14 AI Laptop

Acer has launched its first Copilot+ PC, the Swift 14 AI, marking a significant advancement in AI technology for laptops. This launch, in collaboration with Microsoft and Qualcomm Technologies, Inc., introduces a range of new AI capabilities and experiences, designed to enhance productivity and mobility. A New Era of AI-Enhanced Computing Powered by Snapdragon® X … Read more

Freshers Take Center Stage as Startup Hiring Booms in India:Foundit Report

foundit (formerly Monster APAC & ME), India’s leading talent platform, published the foundit Insights Tracker (fit), presenting the latest findings on hiring trends for April 2024. According to the tracker, the overall hiring index shifted from 276 in March 2024 to 300 in April 2024. Also, compared to the previous year, there was a 9% increase in hiring, … Read more

Tomorrow Capital spearheads $2.7 MN investment round in VitusCare


Tomorrow Capital, a $100 MN Mumbai-based operating venture capital fund, has invested in VitusCare, a leading kidney care startup based in Gurgaon. Tomorrow Capital’s commitment to addressing chronic healthcare challenges in India is exemplified by its substantial lead investment in Vitus Care’s $2.7 MN Series A funding round. VitusCare, founded in 2017, has emerged as a trailblazer in the provision of quality … Read more

Truecaller Acquires TrustCheckr, A Fraud Detection Service

Truecaller, the leading global communications platform, has acquired the Bengaluru-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr, which, through a SaaS platform, helps businesses verify customer information and detects risk of fraud based on phone numbers and digital signals. TrustCheckr’s current offering has attracted interest from different industries with the most … Read more

Superfoods Valley Targets 50+ Age Group with New Healthy Living Program

Superfoods Valley, a leading nutrition and food-tech start-up headquartered in Bengaluru, announces the launch of its second product, Good Monk: Healthy 50+. This scientifically formulated nutrition mix addresses issues related to gut health, energy levels, bone health, and mental function.  It’s packed in an easy-to-carry small sachet and harnesses the power of 20 carefully selected Nutrients … Read more

Jaipur-based Insurance Aggregator Square Insurance Raises $1 Mn In Series A Funding

InsurTech startup Square Insurance, headquartered in Jaipur, has successfully secured $1 million (approximately Rs 8.3 crore) in a funding round spearheaded by Recur Club. This platform serves as a marketplace for companies with recurring revenue models to trade contracts and subscriptions. The newfound capital injection will play a pivotal role in Square Insurance’s expansion strategy. … Read more

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

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

Decentralized Identity Startup Intuition Raises $4M in Funding Round

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

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

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

‘Fightright’ launches fund for HNIs with Rs 100 crore

Kolkata-based legal tech firm Fightright announced the opening of a fund with Rs 100 crore in claims under management. Fightright uses AI and ML-backed analytics to fund commercial litigations. The fund, a special purpose company, will invest over a two to three year period in 15-20 commercial cases with an average ticket value of Rs … Read more

Trucking Marketplace RAAHO Raises Rs.20 Cr In Pre-Series A Funding

Raaho, India’s leading Digital Freight Network, has secured funding worth INR 20 crore in extension to the Pre-Series A round at a valuation of 4X over the last year. The round was led by Inflection Point Ventures (IPV), Roots Ventures, Blume Founders Fund and prominent Angels like Vijay Shekhar Sharma , Kunal Shah, K Krishna … Read more

Biotech Company OmniBRx Raises INR 30 Cr in Series A Funding

Bioprocess engineering firm OmniBRx announces a Series A equity fundraising from SIDBI Venture Capital Limited for 30 crore inr. Commenting on the occasion, Ravindra Patel, founder and CEO of OmniBRx Biotechnologies said “We are thankful to the team at SVCL for believing in our vision and backing us on our expansion plans”. He further added that … Read more

SimpleViralGames Raises Rs 4 Cr in Pre-Seed Funding

Simple Viral Games, also known as SVG, a platform for ultra-casual mobile gaming, revealed today that it had raised Rs 4 Cr (about $500,000) in a pre-seed round headed by WEH Ventures. Eximius Ventures, PointOne Capital, Force Ventures, and a few angel investors, including Ankit Agrawal (Founder and CEO of InsuranceDekho), Prashant Sachan, also participated … Read more

Alkem Laboratories invests $50M in biotech startup Enzene Biosciences

Alkem Laboratories subsidiary Enzene Biosciences (Enzene) has raised $50 million from Alkem Laboratories, Eight Roads Ventures, and F-Prime Capital. The company wants to expand in India and the US by using the funds it has raised to enhance production capabilities. Enzene, a company with its headquarters in Pune, has developed fully integrated biotech process development … Read more