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
Rimigo, a Bengaluru-based AI-driven travel startup, has raised USD 5,50,000 (~INR 4.58 crore) in a pre-seed round. The round was co-led by Japan’s Reazon Capital and SGgrow Capital with several prominent Indian angel investors participating. This is a big vote of confidence in Rimigo’s vision to change the way we plan travel. Among the angel … Read more
Big news for India’s electric mobility space! Bengaluru-based EV tech company Fabric, along with its wholly owned subsidiary Intellicar, has raised INR 115 crore (USD 13.5 million) in Series A funding. The investment comes from Nuveen, a US-based global asset management firm with USD 1.3 trillion in assets under management across 32 countries. This funding … Read more
In a major development in India’s agritech space, SaaS-based food supply platform FarMart has raised INR 85 crore (approx. USD 10 million) in a mix of equity and debt funding to fuel growth and supply chain innovation. As per the RoC filings, FarMart issued 977 Series C CCPS at INR 4,52,182 per share. The round … Read more
Gurugram-based healthcare-fintech startup SaveIN has raised INR 37 crore (USD 4.3 million) in a new round of funding, co-led by its existing global investors—10X Founders, Oliver Jung, and Leblon Capital—along with new investor Stem AI. The latest investment takes the Y Combinator-backed company’s total funding to over INR 100 crore (USD 12 million), following a … Read more
Poshs Metal Industries is a western India-based auto-grade flat steel processing company. The company has received INR 43 crore investment from Global Supply Chain Support Fund which is managed by Aavishkaar Capital along with KfW (Germany’s state owned development bank). This is the 7th investment from the USD 220 million (~INR 1,881 crore) fund which … Read more
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