Electric vehicle maker Kinetic Green has raised $25 million in funding from Greater Pacific Capital (GPC), a global private equity firm. The investment is part of an ongoing Series A round, in which the EV maker aims to raise up to $40 million. Kinetic Green plans to use the capital raised to expand production at … Read more
2 minutes reading time Last update: August 12, 2024 | 20:20 IS Cricketer MS Dhoni-backed drone technology firm Garuda Aerospace on Monday announced its entry into the Sri Lankan market, where it will primarily focus on the agriculture sector to improve farming practices, besides exploring opportunities in national security and industrial applications. As part of … Read more
Merchant-focused payments company Innoviti Technologies has raised Rs 70 crore (about $8.3 million) in a combination of equity and debtthus closing one of his last great works funds rounds before it plans to go public. While Rs 60 crore is earmarked for equity infusion in the company, around Rs 10 crore is earmarked for debt. … Read more
Bengaluru-based wealth technology startup Infinyte.Club has raised $3.6 million in seed funding funds round led by Lifting capital. Remarkable angel investors Participating in the round included Kunal Shah (Founder, CRED), Vidit Aatrey (Co-Founder, Meesho), Gaurav Munjal (CEO, Unacademy), Sanket Shah (CEO, InVideo), Varun Dua (Founder, ACKO) and Harshil Mathur (Co-Founder, Razorpay). What does Infinyte.Club do? … Read more
2 minutes reading time Last update: August 12, 2024 | 16:46 IS In a bid to boost employment and self-employment opportunities, the Uttar Pradesh government is looking to equip one million youth to set up micro-enterprises and start-ups in the state. The state government will provide industrial training and necessary funding to nearly 100,000 youth … Read more
Kazam EV Technologyoffering various cargo products and services for electric vehiclessaid Monday it raised $8 million in a round of financing Directed by Vertex Enterprises. Existing investors Avaana Capital and Alteria Capital, among others, also participated in this round, the company said. kazam plans to use the proceeds to strengthen its technology and product teams, … Read more
Zepto appears to be in non-stop fundraising mode as a new report suggests that 10-Minute Grocery Delivery, Unicorn is in talks to raise an additional $310 million at a much higher valuation. According to a And postponementled by Aadit Palicha start-up The company is seeking a valuation of $5 billion with this round of funding, … Read more
(L-R) Kaivalya Vohra, CTO of Zepto, and Aadit Palicha, CEO and co-founder of Zepto 3 minutes reading time Last update: August 12, 2024 | 14:02 IS Mumbai-based fast-trading company Zepto is set to raise an additional $310 million, which would take its valuation to $5 billion, a 40 percent increase from its last funding round … Read more
Shark Tank India judge Anupam Mittal in a recent post on unknown (before Twitter), raised questions about Mukesh Ambani Reliance Industries laying off more than 42,000 employees in fiscal year 24. “42,000? Why is it a ‘silent news’?” Mittal asked, adding: “It should ring alarm bells in economic and political circles.” 42k? Why is this … Read more
Bengaluru-based startup Turno, which focuses on financing and distribution of electric vehicles, has raised $6 million in a Series A funding round, the company said in a press release on May 30. The new funding round was led by British International Investment (BII) and its existing investor Quona Capital. However, other existing investors, including B … Read more
