Big boost to India’s rural entrepreneurship Saarathi Finance, a new age Greenfield Non-Banking Financial Company (NBFC) has raised INR 475 crore in its first equity funding. Founded in 2024 and headquartered in Mumbai, the company is led by Vivek Bansal, former CFO of InCred Group and Sunil Daga, former President at Kotak Mahindra Bank. The … Read more
Pune based D2C jewellery startup Palmonas is all set to raise INR 55 crore in its first institutional funding round. The Series A round is led by Vertex Ventures, a global venture capital firm that backs early stage innovations across sectors. According to induatries reports, the round values Palmonas at USD 65 million (~INR 550 … Read more
AI-driven startup Zoca, which aims to transform the growth journey of hyperlocal service businesses, has secured USD 6 million (~INR 51 crore) in a funding round led by global venture capital firm Accel, with participation from GTMfund, Elevation Capital, and Better Capital. The funding round marks a pivotal milestone in the startup’s mission to serve … Read more
Kisaan Se Kitchen Tak (KSKT), a fast-growing agri-commerce startup headquartered in Delhi NCR, has raised USD 1.3 million (~INR 11.03 crore) in a strategic funding round led by Keiretsu Forum and Favcy’s 1stCheque Angel Network. The round, a blend of equity and debt, marks a significant step forward in KSKT’s mission to revolutionize India’s farm-to-fork … Read more
In a big step in India’s fast evolving alco-bev space, Feline Spirits, a homegrown craft liquor startup, has raised INR 5.2 crore in a Pre-Series A round led by Inflection Point Ventures (IPV). This is a big milestone for the company in its journey to redefine India’s premium liquor space with handcrafted vodka, whisky and … Read more
Gurugram-headquartered logistics-tech startup Shiplog has announced the successful closure of its INR 6.5 crore seed funding round, led by the Deepak Bhagnani Family Office, a Mumbai-based investment entity. This marks Shiplog’s first external fundraise since its inception in 2022, transitioning from a bootstrapped model to one now energized by institutional capital. The freshly acquired funding … Read more
Chennai-based neobanking startup Kaleidofin has raised USD 5.3 million (~INR 45 crore) in equity funding from IDH Farmfit Fund, a blended finance impact fund focused on smallholder farmer value chains. This latest tranche takes Kaleidofin’s ongoing funding round to USD 19 million (~INR 161 crore), which will help the company scale financial services in agriculture … Read more
Hyderabad-based B2B startup Sedna has raised USD 5.8 million (~INR 50 crore) in a fresh equity funding round led by Anicut Capital, underscoring growing investor confidence in technology-enabled solutions for India’s fragmented hotel, restaurant, and catering (HoReCa) sector. The capital infusion marks a major step forward for the company, which was founded in July 2022 … Read more
In a significant stride for India’s burgeoning deeptech and space-tech ecosystem, Ahmedabad-based SatLeo Labs has raised USD 3.3 million (~ INR 28 crore) in a pre-seed funding round. The round was led by Merak Ventures, with key participation from Huddle Ventures, GVFL, Java Capital, IIMA Ventures, PointOne Capital, and noted angel investors Manish Gandhi and … Read more
Sai Mirra Innopharm, a leading pharmaceutical company headquartered in Chennai, has secured INR 160 crore in funding from Piramal Alternatives, the fund management arm of the Piramal Group. The investment was made through the India Credit Opportunities Fund II (PCF II), a sector-agnostic vehicle targeting mid-market corporates. Third Investment by PCF II This funding marks … Read more