Category: Funding
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OYO Raises $660 Million To Repay Past Debts
According to Oyo Hotels and Homes, $660 million was raised by global institutional investors via the term loan financing (TLB) route. Gurugram-based unicorn Oyo Hotels and Homes will use the funds to repay past debts, strengthen it balance sheet, invest in product technology, and to help revive its COVID-hit company. The term loan funding route is […]
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Mirae Asset Venture Launched $35Mn Fund For Indian Startups
South Korean financial services giant and financier in Zomato and Bigbasket to name a few Indian firms, Mirae Asset team is looking to expand its India footprint with a dedicated $35 Mn fund for early-stage Indian start-ups. The Mirae Asset Endeavor Opportunities Fund 1 has actually been launched with a corpus of $35 Mn or […]
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Wealth Management Platform Fisdom Raised USD 7 million Lead By PayU
Wealth Management platform, Fisdom has raised USD 7 million in funding led by PayU on Thursday, Dec 3. The round also saw participation from existing investors, Quona Capital and Saama Capital, a statement said. The fresh funding will be deployed towards new product development and customer acquisition, and the company will also look at acquisition […]
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Autonomous Truck Startup Inceptio Technology Raises $120 Million in Funding
Inceptio Technology, a top autonomous truck firm, announced its US$120 million financing directed by Contemporary Amperex Technology Co., Limited (CATL), a worldwide pioneer in the development and production of lithium-ion batteries. This funding is the next successful capital raising in six months since the last announcement of US$100 million in April. The financing helps Inceptio […]
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Ather Energy Raised $35 Million In Funding
Hero MotorCorp backed two wheeler electric scooter maker Ather Energy has raised $35 milion in funding round. The funding was lead by Sachin Bansal who invested $23 million, Hero MotorCorp also invested $12 million in the Series D round as per reports. “Post the successful launching of our new product line, we are currently excited […]
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Bengaluru Based Bizlog raises Rs 12 cr in Pre-Series A Funding
Bengaluru Based reverse logistics solution startup Bizlog raises Rs 12 crores in Pre-Series A funding round led by IAN fund. The company will invest into its technology, marketing and expand its business into PAN India over the next few years. Paras Jain, Founder of Adishwar – one of the largest chain of consumer durable and […]
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Patna Based Agritech Startup Agrix Raises Undisclosed Funding From Maple Capital Advisors
Patna Based precision and digital farming startup Agrix raises undisclosed funding from Maple Capital Advisors and other investors. Agrix intends to utilize the capital to scale existing operations and further strengthen its operations and technology platform. “Abhinav Grover, Director at Maple Accelerator, and Samarth Agrawal, Founder of MaxWholesale, also participated in this round. Pankaj Karna, […]
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Nava Raises $20M From Thrive Capital [Funding]
NYC Based Employee Benefit Brokerage Startup Nava has raised $20M funding from Thrive Capital, an investment firm that builds and invests in startups from various industries like internet, software, and technology-enabled companies. Nava Raise $20M in Funding About Thrive Capital Thrive Capital is an investment firm that builds and invests in internet, software, and technology-enabled […]
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Uni raises $18.5 million funding from Lightspeed, Accel
Fintech startup Uni has raised $18.5 million (around 136 crore) in seed subsidizing — its biggest in schedule year 2020 — from marquee VC firms Lightspeed Ventures India and Accel Partners India. The organization, which is still in secrecy mode, has been established by Nitin Gupta, who was previously a senior leader at PayU India […]
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smallcase – Is Investing Really That easy? Founder, Funding & More
Vasanth Kamath, Founder and CEO of smallcase, a Bengaluru-based startup that is preparing for current speculators permitting them to browse expertly customized bins of stocks that mirror a contributing thought or procedure. In view of a stage made by Bengaluru-based Smallcase Technologies, this road permits speculators to take introduction to expertly investigated, expanded topic based […]