Mumbai-headquartered solar financing platform Aerem has raised USD 2.5 million in pre-Series A funding led by Blume Ventures. The fresh capital will be used for growing the loan book, building a tech platform that…
Bengaluru-based biotech startup String Bio has raised USD 20 million (nearly INR 160 crore) in a round of funding from Woodside Energy Group, Ankur Capital, Dare Ventures, Redstart and Zenfold Ventures. String Bio…
Two of the investors in Bangalore-based edtech unicorn Byju's USD 800 million fund raise - Sumeru Ventures and Oxshott Ventures - haven't transferred about USD 250 million of the committed amount. The fundraising…
Bengaluru-based on-demand logistics firm Shadowfax has raised a new round of funding from existing investors. Shadowfax has raised INR 95.32 crore (about USD 12 million). Flipkart spearheaded the round by infusing INR…
Bengaluru-based digital health platform Mfine will merge with Chennai-based LifeCell International's diagnostics business to form a new venture called LifeWell. The merged entity has raised USD 80 million from OrbiMed…
The JSW group has initiated talks with private equity funds including Apollo Global Management, to fund its acquisition of renewable power producer, Mytrah Energy (India) Pvt Ltd (MEIPL). The current enterprise…
Delhi-based digital lending platform RevFin is to raise INR 250 crore this year through debt and equity to finance electric vehicle (EVs) buyers in the three-wheeler and two-wheeler categories.The company, which is…
Fifteen alternative investment funds (AIFs) are being probed by capital markets regulator Sebi for various malpractices and the creation of hybrid structures. A key aspect being looked at is that AIFs are turning into…
Macquarie Group is in talks with commercial investors to raise USD 205 million to set up an electric vehicle (EV) leasing and finance company. The India-focused e-mobility financing platform will be managed by…
Maharashtra-based agri-tech startup Agrograde, developing solutions to improve marketability of fruits and vegetables using Artificial Intelligence based grading and sorting solutions, has raised a seed round from…