New Delhi-based tech startup AppX has raised USD 1.3 million in a funding round led by Ycombinator, Global Founders Capital, Rocket Internet, Soma Capital, Shrug VC, Lenny Rachitsky, James Beshara and TDV Partners. The…
Bengaluru-based online mentoring startup MyCaptain has raised USD 3 million in pre Series-A funding led by Ankur Capital. The round also saw participation from IPV (Inflection Point Ventures), Firstport Ventures, IIM…
Ahmedabad-based Qarmatek Services Pvt Ltd, a refurbished and renewed electronics firm, has raised USD 3 million in a round led by GVFL (Gujarat Venture Finance Ltd) and Caspian Debt. The new funds will be utilized…
HUVIAiR Technologies, a Bengaluru-based remote monitoring and management software for construction projects, has raised USD 3.2 million in a Series A round led by Chiratae Ventures. Other investors participating in…
Mumbai-based biotech firm Epigeneres Biotech has raised USD 6 million in a Series B funding round led by Kotak Investment Advisors, Moez Daya (of Satya Capital) and LetsVenture Angel Fund. The financing round also saw…
Scripbox, a Bengaluru-based mutual fund investment startup, has raised USD 21 million in a funding round led by existing investor Accel India, with participation from InnoVen Capital, LetsVenture, and others. The round…
Reliance Retail has acquired a 54% stake in Noida-headquartered robotics company Addverb for USD 132 million (about INR 983 crore). Addverb will continue to operate independently and expand its business overseas as…
Metro AG is reviewing its India wholesale cash and carry business as intense competition from Reliance Retail, Udaan, Amazon and Walmart-Flipkart is quickly changing the industry landscape. In case the German parent…
Pune-headquartered H2e Power Systems Pvt Ltd is setting up an electrolyzer manufacturing plant in Maharashtra, of 1 GW capacity, and expects it to be producing solid oxide electrolysers by 2023. The company will invest…
Bengaluru-based Edustoke has raised INR 3 crore in seed funding from Indus Initiatives. The brand will use the funds to scale across the country. It will also invest in technology to bolster its platform, strengthen…