Big news for India’s defence tech space! Vayudh, an indigenous defence-tech startup has raised USD 10 million (~INR 85 crore) in a funding round led by Dharana Capital with participation from Deepinder Goyal (Founder and CEO, Eternal Ltd, formerly Zomato), Ajay Aggarwal (Managing Director, Action TESA), Sumit Jalan, LetsVenture and Navam Capital. Founded in 2016 … Read more
Emversity, a Bengaluru-based skill-based training and higher education platform founded by former Unacademy COO Vivek Sinha, has raised INR 43 crore (USD 5 million) in a pre-Series A funding round. The round was co-led by Z47 (formerly Matrix Partners India) and Lightspeed Venture Partners, with additional participation from Alteria Capital and Innoven Capital. The funding … Read more
Noida-based proptech startup HouseEazy is reportedly in advanced discussions to raise INR 100 Cr (~USD 11.7 million) in funding, in a move that could mark a significant milestone in the company’s growth journey. The fresh capital is expected to come from a large, yet unnamed tier-I VC firm and existing investor Chiratae Ventures, according to … Read more
Silicon Valley-based healthtech startup Risa Labs, founded by IIT Kanpur alumni Kshitij Jaggi and Kumar Shivang, has raised INR 29.9 crore (USD 3.5 million) in a seed funding round to tackle one of the most persistent and dangerous inefficiencies in cancer care: prior authorization delays. The funding round was led by Binny Bansal, co-founder of … Read more
In a strategic move aimed at bolstering its national footprint, Kolkata-based quick-service restaurant (QSR) chain Wow! Momo has raised INR 130–150 crore (~USD 15–17 million) in a bridge funding round. The investment is spearheaded by Kamal Agrawal, a key member of the Haldiram promoter family, alongside Khazanah Nasional, Malaysia’s sovereign wealth fund. This round—structured via … Read more
Finodaya Capital, a Madhya Pradesh-based non-banking financial company (NBFC), has successfully raised INR 21.3 crore (USD 2.5 million) in its seed funding round. The investment was led by fintech-focused venture capital firm White Venture Capital, with additional participation from Gemba Capital and a clutch of angel investors./i A Step Forward in Financial Inclusion Finodaya Capital, … Read more
Ivory, a brain health startup, has raised INR 8.5 crores (USD 1 million) in a funding round led by IIM-A Ventures and early-stage investor Capital A. This is a big milestone in their mission to make cognitive health solutions accessible to all in India. 1Crowd, Stanford Angels and a bunch of angel investors including Dr. … Read more
In a first of its kind initiative to increase fundraising opportunities for micro, small and medium enterprises (MSMEs), NSE and UP Government enable equity funding for MSMEs through NSE Emerge platform—a dedicated exchange segment for small and medium businesses. NSE and UP Government MoU Details Announced in Lucknow, NSE MoU with UP Govt. is a … Read more
Country Delight, the Gurugram-based direct-to-consumer (D2C) food essentials brand, has raised USD 25 million (approximately INR 214 crore) in Series E funding from Temasek. The Singapore sovereign wealth fund invested through its entity, V-Sciences Investments Pte Ltd. According to regulatory filings with the Registrar of Companies (RoC), the company’s board approved the issuance of 1,00,974 … Read more
Chennai-based mobility solutions startup, Taxi’na, has announced a significant milestone with the successful closure of its latest funding round. The company raised INR 1.5 crore from Navyug Global Ventures, marking a major step towards revolutionizing India’s ride-hailing landscape. A New Kind of Subscription Model Founded by Pinku Bharathi, Taxi’na is out to change the ride-hailing … Read more