Asia’s startup ecosystem closed the first week of August with a burst of activity, led by a handful of large late-stage rounds and a long tail of early-stage bets across fintech, mobility, AI and insurtech. Ten deals stood out across the region, and in India specifically, the week marked a sharp rebound from a quiet … Read more
Bengaluru: Quick commerce startup FirstClub has secured $55 million (approximately ₹512 crore) in a Series B funding round led by Peak XV Partners and Sofina, with participation from existing investors Accel, RTP Global, and Paramark Ventures. The fresh capital will help the company accelerate its expansion across India, strengthen its technology and supply chain infrastructure, … Read more
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
Leading travel fintech platform Scapia has secured $40 million in Series B funding, marking a significant milestone in its mission to redefine travel and financial experiences for Gen Z and millennial consumers in India. The round was led by Peak XV Partners, with continued support from existing investors Elevation Capital, Z47, and 3STATE Capital. This … Read more
