Delhi-based battery swapping network, Battery Smart, has successfully raised $33 million (equivalent to approximately Rs 272 crore) in a pre-Series B funding round. The investment comes from existing investors Tiger Global and Blume Ventures, along with the addition of two…
Smartstaff, a leading blue-collar staffing platform, has successfully secured $6.2 million in Series A funding from prominent investors, including Nexus Ventures, Arkam Ventures, Blume Ventures, and Alteria Capital. The funds raised will be utilized by the company to scale up…
Vegh, an electric vehicle (EV) startup, has successfully raised $5 million in a Pre-Series funding round led by an undisclosed investor. This investment marks a significant milestone for Vegh as it continues its ongoing $50 million Pre-Series fundraising campaign. Established…
MUMBAI – Varanium Capital Advisors, an asset management firm based in Mumbai, has successfully completed the first close of its inaugural venture debt fund, securing Rs 250 crore, with an additional Rs 50 crore available through a green-shoe option. The…
Noida-based study abroad platform, Leverage Edu, has successfully raised a substantial $40 million in a Series C funding round, with Educational Testing Service (ETS) at the helm, according to trusted sources. The funding round, which also saw participation from existing…
Chennai, India – KaarTech, a digital transformation consulting company based in Chennai, has successfully raised $30 million in funding from A91 Partners, a prominent investment firm headquartered in Mumbai. The investment will support KaarTech’s ambitious plans for organic and inorganic…
In a significant development, the fantasy gaming platform Dream11 has emerged as the triumphant lead sponsor for the Indian cricket team, securing the rights with a staggering bid of INR 358 Cr. The news, reported by reliable sources cited in…
Virgin Galactic, the space tourism company established in 2004 by British billionaire Richard Branson, achieved a significant milestone as its rocket plane, Unity, completed its inaugural commercial spaceflight. This momentous occasion comes almost two years after Mr. Branson himself embarked…
Nithin Kamath, the Founder and CEO of Zerodha, has shed light on the growing corporate governance issues within Indian startups, emphasizing that these challenges will likely exacerbate over time. In his observations, Kamath underscores that while founders often bear the…
June 30, 2023 – Nithin Kamath, the Founder and CEO of Zerodha, has expressed his concerns about the increasing corporate governance issues within Indian startups. In a series of tweets, Kamath emphasized that both founders and venture capitalists (VCs) share…