Page 13 of funding

Ambuja Cements, Adani Group, capital infusion, warrant subscription, shareholding, capacity addition

Adani family infuses Rs 6,661 crore in Ambuja Cement, takes total stake in company to 66.7%

Gautam Adani’s family has infused Rs 6,661 crore in Ambuja Cements, after the infusion of Rs 5,000 crore for exercising…

March 28, 2024 14:15 IST

sindhuja microfinance, mfi, rural women entrepreneurs, self employed women, banks, small finance banks, reserve bank of india, rbi, GAWA Capital and Oikocredit

Microfinance provider Sindhuja Microcredit raises $14.5 million from GAWA Capital, Oikocredit

Earlier, Sindhuja had raised Series A funding from Carpediem Capital, which came in as the first institutional investor backing the…

March 28, 2024 13:33 IST

observe startup funding, Sutter Hill Ventures, snowflake, Capital One, Reveal, Top Golf, venture capital

Software startup Observe raises $115 mln from Sutter Hill Ventures, Snowflake

The latest round of funding took the total amount raised to $210 million. Existing investors Capital One Ventures and Madrona…

March 27, 2024 19:02 IST

Grocery retail chain SuperK raises $6 million

The Series A funding round also saw participation from Silver Needle Ventures, Veltis Capital, Atrium Angels, and some angel investors…

Updated: March 27, 2024 14:57 IST

startup funding, tracxn, indian startup ecosystem, early stage, seed stage, late stage, credit saison, shadowfax, peak xv, capillary

Capital crunch: 51% decline in Q1 2024 startup funding from year-ago period; 27% QoQ drop

Stage-wise, late-stage funding saw the biggest drop this quarter, dropping by over 46 per cent to $0.67 billion in Q1…

March 26, 2024 14:30 IST

funding, Arapl RaaS, ARAPL, appointment, CTO, technological advancement, investment, USA market, defense sector

Arapl RaaS secures funding worth Rs 38 crore, appoints new CTO

Arapl RaaS said that the Rs 38 crore investment is earmarked to fuel the revenue generation phase of the company,…

March 26, 2024 11:51 IST

world fund, climate, fund, environment, pwc, startups, European Investment Fund, EUglobal warming

Climate-focused investment firm World Fund raises 300 mln euros

The first fundraising for World Fund comes amid a broader backdrop of lower investments in the global private equity sector…

March 22, 2024 18:33 IST

Once burnt, investors curb enthusiasm for India’s startups

In January and February, India’s startups raised about $900 million – a pace that signals another slow year after a…

March 22, 2024 12:34 IST

Pocket FM Raises USD 103 million in funding round led by Lightspeed

The company claims to have surpassed USD 150 million ARR and is growing at 57 per cent quarter-over-quarter.Pocket FM claims…

March 20, 2024 18:22 IST

ultrahuman, smart ring, wearables, health and fitness, Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave Incubation, Zomato, Deepinder Goyal, IDC, crunchbase, glucose, bp, sugar

Wearable startup Ultrahuman raises $35 million from Blume, Steadview, Zomato’s Deepinder Goyal, others

The company said it has become the second-largest player in the smart ring market in the past 12 months while…

March 20, 2024 17:09 IST

easemytrip, prashant pitti, optimo, msme lending, rural india, msme loans, co-lending, blume ventures, omnivore

EaseMyTrip Co-founder Prashant Pitti’s MSME lending startup Optimo Loan raises $10M from Blume, Omnivore

The funding will be used to expand Optimo’s operations, enhance its technology, recruit new talent, and broaden its presence to…

March 20, 2024 11:28 IST

Funding realities: Money won’t be a hindrance for start-ups if they don’t give governance a short shrift

The fact is that the exuberance of 2021 and 2022, when large sums were invested, has turned into caution, with…

March 20, 2024 05:15 IST

b capital, facebook, eduardo saverin, opportunities fund, startup funding

Facebook Co-founder’s B Capital closes $750 million Opportunities Fund II for late-stage startups

The majority of the fund will focus on follow-on investment opportunities in existing and growing B Capital portfolio companies. B…

March 19, 2024 16:34 IST

indrive, cab booking, ride hailing, general catalyst, online taxi booking, uber, ola

Ride-hailing app inDrive raises another $150 million from General Catalyst

The company said it recorded 54 per cent growth in net revenue in 2023.

March 14, 2024 15:22 IST

bain & company, India Venture Capital Report 2024, Indian Venture and Alternate Capital Association, IVCA, startups shutdown, inflation, gdp, funding winter, deals, layoffs, generative ai, investors, valuation, profitability

Over 35,000 startups shut in 2023 as funding winter intensified: Bain & Company-IVCA report

In terms of layoffs, over 20,000 employees were fired by leading startups with edtech comprising the largest share, according to…

March 14, 2024 06:00 IST

prath ventures, startup funding, sidbi fund of funds, family offices, venture capital, consumer sector, morgan stanley, AIFs, SEBI

Prath Ventures completes second close of Rs 120 crore for new fund

Prath Ventures is targeting its final close in the coming months. The firm is looking to deploy the corpus in…

March 13, 2024 17:43 IST

8i ventures, startup funding, venture capital, early stage startups, seed funding, Slice, M2P, Easebuzz, Blue Tokai, funding winter, tracxn

8i Ventures launches $10 million seed fund for pre-seed to early revenue startups

The fund will double the allocation to $20 million if it is well received. 8i Ventures has allotted $10 million…

March 13, 2024 13:04 IST

perfios, Teachers’ Venture Growth, TVG, saas, software, startup funding, Ontario Teachers’ Pension Plan, Kedaara Capital, Perfios, private equities, fixed income, credit, commodities, natural resources, infrastructure, real estate, Bessemer Venture Partners, Warburg Pincus, Kedaara Capital

B2B SaaS company Perfios raises $80 million from late-stage investor Teachers’ Venture Growth

The company said it will deploy the capital to fund inorganic growth opportunities and continue to invest in its tech…

March 13, 2024 11:33 IST

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BluSmart’s X handle calls founders ‘fraud’, reveals employees haven’t been paid in months

Trending News44 min ago

BluSmart, in a post on X (formerly Twitter), not only labelled its founders as “fraud” but also highlighted grievances within the ride-hailing company. The post revealed that employees have not received their salaries for four months and warned customers that there is no point in requesting refunds through social media.

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