Bengaluru-based fintech unicorn Cred has raised INR 617 crore (about USD 80 million) in the first tranche of its latest funding round. The company is raising USD 140 million in a mix of primary and secondary deals…
Affordable housing finance company IIFL Home Finance Ltd, a wholly-owned subsidiary of publicly listed, Mumbai-based non-banking financial company (NBFC) IIFL Finance Ltd, is raising INR 2,200 crore of primary capital…
Gurugram-based fintech firm Mobikwik is in talks with investors to raise USD 100 million to expand its business amidst a delay in its initial public offering (IPO) plans. It will deploy the fresh funds for marketing…
Hearing the INR 1 crore defamation suit by Algo Legal and its founder Sandeep Kapoor, a Bengaluru City Civil and Sessions court has issued notices to defendants Sequoia Capital, Twitter and a number of media outlets…
Financing under the Technology Development Fund (TDF) of the Defence Ministry has been increased from INR 10 crore per project to INR 50 crore. The TDF scheme supports indigenous development of components, products…
The June Shop, a Kolkata-based design-inspired home decor e-commerce brand, has raised funding. The round was led by angel investors including Vijay Subramaniam (Former Head of Content for Amazon Prime Video, India)…
Chandigarh- and Bengaluru-based MoneyyApp, which helps creators manage their businesses by providing fintech tools, has raised funding from a clutch of investors led by GSF Accelerator. Other investors who participated…
Deeptech cybersecurity startup SubCom has raised USD 1 million in its seed round from YourNest Venture Capital, ISV Capital and an existing investor, Entrepreneur First. The round also saw participation from Bikky…
Samudai, a DAO (Decentralised Autonomous Organization) platform for building and managing communities in the Web3, has closed a USD 2.5 million pre-seed funding round from FTX Ventures, Sino Global Capital and Coinbase…
Bengaluru-based online investment platform Jiraaf has raised USD 7.5 million in a Series A round led by Accel India, Mankekar Family Office, and Aspire Family Office (Dr Bhaskar Shah). The round also saw…