Indian cryptocurrency exchange WazirX suffered a security breach on Thursday, resulting in the temporary suspension of all withdrawals. The breach involved the transfer of approximately $230 million from one of WazirX’s multisig wallets to an unknown address. Web3 security firm…
Summary: AstroTalk, an online astrology platform, raised ₹78.3 crore in a Series A funding extension from Left Lane Capital and Elev8 Capital. Founded in 2017 by Puneet Gupta and Anmol Jain, AstroTalk connects users with astrologers and other experts via the internet,…
Candi Solar, a leading solar energy solution provider based in Mauritius, has successfully raised $38 million in its Series C funding round. This significant capital injection attracted several investors dedicated to advancing modern clean energy systems, including EDFI ElectriFI, an…
Key Points: Absolute Sports, a sports media platform and subsidiary of Nazara Technologies, has completed the acquisition of SoapCentral.com, a US entertainment content website, for an all-cash deal worth $1.4 million (approximately Rs 11.6 crore). The transaction, facilitated through its…
Daily Indian Startup News and Funding Alert – 29 July 2024 Funding News D2C haircare brand Moxie Beauty raises Rs 17.3 Cr Moxie Beauty, a D2C haircare brand based in Gurugram, has raised Rs 17.3 crore ($2.1 million) in funding…
Key Points: Matel, a dynamic player in the electric vehicle (EV) component manufacturing sector, recently announced securing a significant $4 million in funding. Transition Venture Capital spearheaded this funding round, indicative of the growing investor interest in sustainable energy initiatives.…
Highlights: Perplexity AI, a startup pioneering artificial intelligence-driven search technology to rival Google, has achieved unicorn status after securing approximately $63 million in a recent funding round, catapulting its valuation to over $1 billion. Led by investor Daniel Gross, this…
Kedaara Capital Invests in Dairy Day: A Sweet Deal in the Ice Cream Industry In a significant move within the ice cream industry, Kedaara Capital has announced its maiden investment in Dairy Classic Ice Creams Private Limited (Dairy Day), a…
Engrail Therapeutics Raises $157M to Pioneer Neuroscientific Innovations, Engrail Therapeutics, has successfully raised $157 million in its Series B funding round. The funding was co-led by F-Prime Capital, Forbion, and Norwest Venture Partners, with participation from other notable investors including…
Optimo Loan Secures $10 Million Seed Funding to Expand Rural MSME Lending In a significant development for the micro, small, and medium enterprises (MSMEs) sector in rural India, Optimo Loan, a pioneering MSME lending tech startup, has successfully closed a…