Market News

Plutos ONE, a technical service provider (TSP) for the Bharat Bill Payments System (BBPS), has secured a significant investment of $2 million in a seed round led by StartupXseed. The round also saw participation from prominent investors Genesia Ventures, Auxano Capital, Raghuvanshi Investments, and others. This latest funding round comes after Plutos ONE’s previous angel […]

InsurancePadosi, a leading insurtech platform, has raised $500,000 in a pre-seed funding round led by Antler, with participation from angel investors Hemant Kaul and Satish Pillai. The funds will be utilized to strengthen its technology platform, expand product offerings, and enhance sales and marketing efforts. Founded in 2023 by a team of three entrepreneurs – […]

HouseEazy, a full-stack marketplace for resale homes, has raised $7 million in Series A funding. The round was a mix of equity and debt led by Chiratae Ventures and saw participation from Alteria Capital and existing investor Antler. The funds will be utilized to fuel the organization’s growth across new geographies in NCR, strengthening brand […]

Convin, a rapidly growing customer intelligence platform, has secured $6.5 million in its Series A funding round led by India Quotient, a prominent early-stage institutional venture capital fund. The investment also saw participation from new investor JSW Ventures and existing investors Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns. Expansion Plans: The freshly […]

Velocity, a Bengaluru-based cash flow-based financing platform, has announced the launch of a Rs 400 crore fund to support D2C and e-commerce brands in the forthcoming festive season sales. This is an increase from the Rs 250 crore fund the company had launched for the previous festive season. The financing platform, which has partnerships with […]

Mumbai: Aroa Venture Partners, a category-II AIF (Alternative Investment Fund), has received a significant boost in the form of Rs 40 crore ($4.8 million) capital commitment from the Small Industries Development Bank of India (SIDBI) under the Government of India’s Fund of Funds for Startups and the Uttar Pradesh Government’s UP Startup Fund schemes. This […]

Pune-based mortgage brand LoanKuber has secured $3.5 million in a pre-Series B funding round led by Singapore-based TRTL VC and existing backer Inflection Point Ventures. The round also saw participation from Auxano, LetsVenture, Mavuca Capital, and angel investors Ruchi Deepak (co-founder, Acko), Prashant Tandon (co-founder, 1mg), and Pankaj Vermani (co-founder, Clovia). This funding round brings […]

India-based Legends League Cricket (LLC), a professional cricket league featuring a roster of senior cricketers, has secured a significant funding of Rs 39 crore from Brickwork, a leading infrastructure and project advisory company. The valuation of the league now stands at a substantial Rs 350 crore, indicating the growing popularity and potential of the sport […]

Fabrication Bazar, a technology-enabled manufacturing startup owned by Ben & Gaws Private Limited, has successfully raised $3 million in its pre-Series A funding round. The round was led by Physis Capital, a Japanese venture capital firm, with participation from ICMG, another Japan-based VC, and existing investor Inflection Point Ventures. The funds raised will be utilized […]

Bengaluru-based online lending platform Axio (formerly Capital Float) has successfully raised Rs 167 crore (approximately $20 million) through a right issue of preference shares. The company has issued 11,25,000 preference shares at an issue price of Rs 1,486 each to existing shareholders. According to the regulatory filing accessed from the Registrar of Companies (RoC), the […]