Nestasia, the Home Décor & Lifestyle Brand, Secures $8.35 Million in Funding
Reading Time: 2 minutes The fund will be used to scale the company’s efforts in offline store expansion, new category launches, brand building, and hiring.
EV Startup Clean Electric Raises $6M Funding
Reading Time: 2 minutes Founded in 2016 by IIT BHU graduates Akash Gupta, Ankit Joshi, and Abhinav Roy, Clean Electric specializes in liquid-cooled battery solutions for electric vehicles.
AppsForBharat (Sri Mandir App) Secures $18 Million in Series B Funding
Reading Time: < 1 minute Bengaluru-based startup AppsForBharat, the parent company of app Sri Mandir, has raised $18 million in its Series B funding round.
Simple Energy Secures $20 Million in Series A Funding
Reading Time: < 1 minute The newly acquired funds will be used in scaling up the production of the company’s flagship products, Simple One and Simple Dot One.
Business and Startup News Roundup: Weekly [15-20 July, 2024]
Reading Time: 3 minutes The third week of July 2024 saw significant activity in the Indian startup ecosystem, with notable funding rounds & strategic developments.
Fintech Unicorn Slice Raises Rs 65 Crore in Latest Debt Round
Reading Time: < 1 minute This marks the second debt investment for Slice this year, following a Rs 170 crore debt raise from the same investors in June.
EV Bus Startup Fresh Bus Secures Rs 43.7 Crore in Series A Funding
Reading Time: 2 minutes The company has been in discussions to raise Rs 100 crore in its Series A round, indicating that this is an ongoing fundraising effort.
Corvi LED Secures $8 Million in Series B Funding Led by Enam Investments
Reading Time: 2 minutes The fund will be utilized to expand into new geographies, diversify its product portfolio, and enhance its technological capabilities.
Namma Yatri Raises $11 Million in Funding Round Led by Blume Ventures, Antler, and Google
Reading Time: < 1 minute Bengaluru-based ride-hailing app Namma Yatri has successfully raised Rs 92 crore ($11 million) in a pre-Series A funding round. This round was co-led by Blume Ventures and Antler, with significant participation from tech giant Google and several other investors. Namma Yatri, a subsidiary of fintech
PV Sindhu Invests in Greenday’s Better Nutrition, A Biofortified Staples Brand
Reading Time: 2 minutes PV Sindhu has invested an undisclosed amount in Better Nutrition, a biofortified staples brand by Greenday.
DiFACTO Robotics and Automation Secures Rs 40 Crore Funding from Stakeboat Capital
Reading Time: 2 minutes DiFACTO Robotics and Automation offers comprehensive industrial automation solutions to a diverse range of manufacturing industries.
CoverSure Secures $4 Million in Pre-Series A Funding Led by Enam Holdings
Reading Time: < 1 minute The startup plans to utilize the funds to develop a consumer-centric insurance engagement platform using data intelligence and machine learning.