Bengaluru-based electric scooter maker Ather Energy, which competes with listed EV giant Ola Electric, has joined the unicorn startup club after raising $71 million (or Rs 596 crore) in a funding round led by the government-owned National Investment and Infrastructure Fund. National Investment and Infrastructure Fund Limited is an Indian public entity. company which maintains … Read more
EyeROV, a deeptech startup in marine robotics offering products and solutions in the field of underwater domain, has raised Rs 10 crore (or $1.2 million) in a pre-Series A round. funds round led by Unicorn India Ventures. Specialized in marine robotics and AI. Founded in 2016 by IIT alumni Johns T Mathai and Kannappa Palaniappan … Read more
Smarten Spaces, a global leader in AI-powered workspace solutions, has partnered with Wiproan Indian technology consulting and services company, to address the evolving challenges of hybrid workplaces globally. According to the company’s statement, the partnership provides a complete solution for customers’ need to optimize spaces, energy and assets while delivering an excellent workplace experience to … Read more
Rural-focused fintech startup Jai Kisan has secured a Non-Banking Finance Company (NFC)NBFC) license after acquiring a majority stake in Kushal Finnovation Capital, an NBFC specializing in supply chain finance. The license empowers Jai Kisan to design and distribute customized financial products, including loansdirectly from your own portfolio. In addition, the company can now enter into … Read more
In a strategic move to enhance its technological capabilities, India government has announced a $10 billion investment in semiconductor and showcase the manufacturing ecosystem. This significant allocation, under the Semicon India Programme, reflects India’s commitment to strengthening its position in global supply chains and aligning with the vision of Aatmanirbhar Bharat (Self-Reliant India). The move … Read more
HealthCRED, a New Delhi-based B2B healthcare financing startup, has raised $1.2 million in seed funding funds round led by Indian AntlersTRTL VC, DeVC, iSeedVC and Angel List India. Several prominent angel investors also participated in this round, including Dr. Subho Ray, President, Internet and Mobile Association of India (IAMAI), Nitin Gupta, CEO, Uni Cards, Amit … Read more
Mumbai-based asset and wealth management firm Neo Group has raised Rs 400 crore in a Series B funding round funds round led by Japan’s MUFG Bank and New York’s Euclidean Capital, with participation from existing investors Peak XV Partners (formerly Sequoia India). The latest funding takes Neo Group’s total equity base to Rs 1,000 crore. … Read more
An unknown technician from Bengaluru was seen working on his laptop while standing at a momo stall. The photo was shared on unknown (formerly Twitter) by a user named “Kristikatwtss,” who captioned the post: “Her priorities are in order.” Your priorities are in order image.twitter.com/Jj8Q7g6ztS – Kritika kumari (@kritikatwtss) August 9, 2024 The post, which … Read more
Mumbai-based real estate technology startup Truva has raised $3 million in seed funding funds round led by Stellaris Venture Partners. The round also saw participation from several prominent angel investors including Myntra founder Mukesh Bansal, Curefoods founder Ankit Nagori and Groww founder Lalit Keshre. An innovative approach to the real estate sector Founded in 2023 … Read more
2 minutes reading time Last update: August 12, 2024 | 20:02 IS Proptech startup Truva announced that it has raised $3 million (roughly Rs. 25.18 crore) in seed funding led by Stellaris Venture Partners. The funding round saw participation from Peercheque, led by Aakrit Vaish and Miten Sampat, and notable angel investors including Mukesh Bansal, … Read more
