In a significant development for the Indian fintech scene, Lendingkart, a prominent startup, has secured a substantial Rs 200 crore in long-term debt funding from the renowned financing platform, EvolutionX Debt Capital. This strategic investment marks EvolutionX’s third foray into…
Scapia, a credit card and travel rewards platform, has secured $9 million in a seed funding round led by Matrix Partners India. Tanglin Venture Partners and Binny Bansal’s 3STATE Ventures also participated in the funding round. This marks the second…
Mumbai, June 24, 2023 – ideaForge, the prominent drone manufacturing startup, has achieved a significant funding milestone by securing ₹255 crore ($31 million) from anchor investors. This achievement comes just days after the company filed its Red Herring Prospectus (RHP)…
Renowned investor Anupam Mittal has issued a comprehensive statement in response to the ongoing controversies surrounding Shark Tank India. Mittal firmly rejected the allegations as baseless and lacking evidence, emphasizing the importance of relying on factual data to assess the…
Meta, formerly known as Facebook, unveiled a significant initiative on Wednesday, June 28, as it introduced a $250,000 fund designed to bolster Indian startups and developers involved in the creation of mixed reality (MR) products. The program aims to select…
In a bid to tap into India’s thriving startup ecosystem, Golden Sparrow, a micro venture capital firm based in the United States, has announced the launch of a specialized fund dedicated to investing in artificial intelligence (AI) and software-as-a-service (SaaS)…
Bengaluru-based space tech startup Digantara has achieved a major milestone by raising $10 million in a Series A1 funding round. The funding round was spearheaded by Peak XV Partners, formerly known as Sequoia Capital India, and Kalaari Capital. Other participants…
French Crown, a prominent fast-fashion brand, has successfully raised INR 8.6 crore through multiple funding rounds from Velocity.in, a leading revenue-based financier in India. The infusion of capital will play a vital role in fueling the brand’s innovative designs and…
Blume Ventures, a prominent investment firm, has announced the successful initial closing of its latest Opportunity Fund, Fund 1Y. The fund aims to raise a total of Rs 400 million and has secured Rs 200 million in its initial phase.…
Lumikai, a venture capital fund specializing in gaming and interactive media, has unveiled its second fund, aiming to secure a $50 million corpus from investors worldwide. The funds will be allocated to support promising entrepreneurs in India’s gaming and interactive…