PE-VC Fund Investments
Locker services startup Aurm raises Rs.42-Cr led by Earth Fund, Sattva Ventures
Bengaluru-based fintech startup Aurm has raised INR 42 crore (USD 4.4 million) in a Series A funding round led by Earth Fund and Sattva Ventures, with participation from angel investors.Founded in 2023 by Ganesh Balakrishnan and Vijay Arisetty (ex-MyGate founder), Aurm offers automated locker services. The startup plans to deploy the fresh capital to scale its network across residential complexes, corporate campuses, and bank branches, as well as to expand across urban centers.
In Jul-23, Aurm had attracted about USD 5.8 M in seed funding from Magnifiq, Prime Venture Partners and Others.
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