Market News

Bengaluru-based startup AppsForBharat, the parent company of the devotional app Sri Mandir, has secured $17.8 million in its Series B funding round led by Fundamentum. The round also saw participation from Susquehanna Asia VC, as well as existing investors Elevation Capital, Peak XV, and Mirae Asset VC. The funds will be used to expand the […]

Mumbai-based energy storage solutions startup Clean Electric has announced a $6 million funding round, co-led by Info Edge Ventures, Pi Ventures, and Kalaari Capital. The funds were also joined by Lok Capital and other investors, marking the company’s third round of funding. Clean Electric, founded by Akash Gupta and Abhinav Roy, specializes in developing and […]

Food delivery and quick commerce firm Swiggy is all set to raise Rs 5,000 crore ($602 million) in a fresh issue as part of its initial public offering (IPO), in addition to seeking approval for an offer for sale (OFS) worth Rs 6,664 crore. The Bengaluru-based company has already received shareholder approval to raise a […]

Hyderabad, India – Transcell Biologics, a leading biotech company specializing in stem cell technology, has announced that it has raised an undisclosed amount of investment from Boston-based venture capital firm Quantiphi and IAN Group. The investment is intended to accelerate the expansion of the company’s client base and implementation of its Digital Animal Replacement Technology […]

Bengaluru-based electric two-wheeler firm Ather Energy has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO), aiming to raise up to Rs 3,100 crore. This marks Ather’s intention to become the second two-wheeler electric vehicle (EV) maker to list on the stock […]

Mumbai-based debt firm, VentureSoul Partners, has reached the first close of its maiden fund, securing a total of Rs 146.5 crore. The SEBI-registered Category II AIF is targeting a total corpus of Rs 300 crore, with options to scale up to an additional Rs 300 crore. According to VentureSoul, the fund plans to invest in […]

Nautical Wings Aerospace, a pioneering electric propulsion technology firm catering to the aviation industry, has secured an undisclosed amount of funding in its pre-Series A round from esteemed investors Venture Catalysts and 1Crowd. This strategic investment will enable the company to intensify its research and development (R&D) efforts, enhance its team of expert engineers, and […]

LiaPlus AI, a customer support solutions provider, has successfully raised Rs 2 crore in a Seed round led by Inflection Point Ventures, with participation from Chandigarh Angel Network and Growth91. The funding will be utilized to enhance the company’s product and technology, expand its team, and improve its sales and marketing strategies. Co-founded by Shailesh […]

Mumbai-based electric scooter manufacturer Ather Energy has made it to the coveted unicorn club, raising $71 million from existing investor National Investment and Infrastructure Fund (NIIF). This funding round, which was finalized last month, has catapulted the company’s valuation to $1.25 billion, marking a significant milestone in the e-mobility sector. Ather Energy has passed a […]

Bengaluru-based startup Slikk, a subscription-based clothes delivery app focused on Gen Z users, has secured $300,000 in its pre-seed round of funding. Led by Better Capital, with participation from Untitled Ventures, this investment will fuel the company’s expansion plans in the city and beyond. With its mission to bring the latest fashion trends directly to […]