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
In a move that shows its capital efficient strategy and investor confidence, Bellatrix Aerospace, the Bengaluru based spacetech startup is all set to raise INR 26 crore (~USD 3 million) in a pre-Series B round. Despite global headwinds and a slow funding environment in the deep-tech space, the company is still going strong. The company … Read more
In a big move that shows the growing investor interest in India’s beauty tech space, Kult, a Gurugram based AI powered skincare and beauty discovery platform has raised USD 20 million (~INR 170 crore) in a Series A round led by M3M Family Office with participation from Venture Catalysts. This is one of the largest … Read more
Metafin, a non-banking financial company (NBFC) focused on solar energy loans, has raised USD 10 million (~INR 85 crore) in a Series A round to expand its presence across rural and semi-urban India. The round is a mix of equity and debt and was led by Vertex Ventures Southeast Asia and India with participation from … Read more
Healthcare-focused fintech startup Care.fi has announced raising INR 6 crore in debt funding from RevX, marking another significant milestone in its journey to build an inclusive and resilient healthcare financing ecosystem in India. The proceeds will be strategically deployed to expand Care.fi’s operations around the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the world’s … Read more
Nutritionist-led snacking brand Phab has raised USD 2 million (~INR 17 crore) in its seed funding round, in a big move that shows the growing demand for healthy food in India. The round was led by OTP Ventures, with participation from Capri Global, Sim&San law firm, and several prominent angel investors. The Mumbai-based startup, founded … Read more