funding

  1. CeraTattva Innotech secures funding of Rs 1.31 crore led by Campus Angels Network and Forge Innovations & Ventures

    CeraTattva Innotech secures funding of Rs 1.31 crore led by Campus Angels Network and Forge Innovations & Ventures

    Chennai, India – July 12, 2024 – CeraTattva InnoTech Private Limited, an innovator in pre-ceramic precursors/polymers and ceramic products, incubated at IIT Madras Incubation Cell and accelerated by Forge Innovation & Ventures, offers advanced high temperature materials solutions for the space...
  2. Circuit House Technologies raises US$4.3M in funding led by Stellaris Venture, 3one4 Capital

    Circuit House Technologies raises US$4.3M in funding led by Stellaris Venture, 3one4 Capital

    New Delhi, Circuit House Technologies has raised US$4.3 million (approximately Rs 35.9 crore) in a funding round led by Stellaris Venture Partners and 3one4 Capital, with participation from several leading angel investors.According to a release, the funds will be used to assemble a team across...
  3. Agritech startup Arya.ag raises US$29 million from investors

    Agritech startup Arya.ag raises US$29 million from investors

    New Delhi, Agritech startup Arya.ag on Wednesday said it has raised US$29 million (Rs 242 crore) in a funding round from investors to expand its business.The company, an integrated grain commerce platform, said in a statement that the amount was raised in a pre-Series D funding round, which...
  4. Virtual Galaxy Infotech raises Rs 21.44 crore in pre-IPO round; DRHP to be filed soon

    Virtual Galaxy Infotech raises Rs 21.44 crore in pre-IPO round; DRHP to be filed soon

    New Delhi, Virtual Galaxy Infotech on Tuesday said it has raised Rs 21.44 crore from lead investors in its pre-IPO funding round.The company is now preparing to file the draft red herring prospectus (DRHP) with the stock exchange to launch its SME IPO, the company said in a statement...
  5. IVP Semiconductor aims to achieve revenue of US$70-100 million in 3-4 years

    IVP Semiconductor aims to achieve revenue of US$70-100 million in 3-4 years

    Chennai Fabless semiconductor startup iVP Semiconductor Pvt Ltd plans to set up a production testing facility as part of its drive to produce semiconductor chips in the domestic market, a top official said.The company also raised $5 million in pre-Series A funding for its expansion plans, said...
  6. Indian startups raised nearly $176 million from 16 deals in July
first week

    Indian startups raised nearly $176 million from 16 deals in July first week

    In the largest funding round, fashion e-commerce platform Purple secured $120 million led by Abu Dhabi Investment Authority.Agri-tech startup Arya.Ag also announced raising $29 million led by impact investment firm Blue Earth Capital.Video telematics startup Coutio also announced a pre-seed...
  7. India ranks third in fintech funding globally in the January-June period

    India ranks third in fintech funding globally in the January-June period

    According to a report by leading market intelligence platform Traxon, the domestic fintech sector received funding of $795 million in the first half (H1) of 2024, an 11 percent decline from H2 2023.Perfios was the only unicorn created in 2024, while the fintech sector saw six acquisitions and...
  8. Wipro leads investment round in Consumer Care-Ventures LetsTry

    Wipro leads investment round in Consumer Care-Ventures LetsTry

    New Delhi: Wipro Consumer Care & Lighting's funding arm Wipro Consumer Care - Ventures on Thursday said it has invested in Letstri, which operates in the packaged snacks category.An existing investor from 9Unicorns has also participated in this round, the company said without disclosing the...
  9. Human trials of Nipah monoclonal antibody will be conducted in India.
Bangladesh in 2025

    Human trials of Nipah monoclonal antibody will be conducted in India. Bangladesh in 2025

    Nipah virus is a zoonotic disease of the paramyxovirus family, which causes death in 75 percent of people infected. The transmission rate of this deadly disease is also high. To date, there are no approved treatments or vaccines against it.The objective of the trial is to assess the safety and...
  10. Increased funding from domestic sources important to drive India's startup movement: Amitabh Kant

    Increased funding from domestic sources important to drive India's startup movement: Amitabh Kant

    “We need to increase domestic sources of capital for startups,” Kant wrote in a post on X.According to him, currently 75 percent of the funds coming into Indian startups are from foreign funding.“There is a large pool of funds domestically and a part of it should be channeled towards...
  11. By Siddharth Rajhans Ashaye Foundation launches philanthropic support for India's educationally underprivileged

    By Siddharth Rajhans Ashaye Foundation launches philanthropic support for India's educationally underprivileged

    PNNNew Delhi [India], July 4: Aashayein Foundation, founded by Siddharth Rajhans, has launched a new vision of CSR by making financial access to higher education possible for secondary school children. Launched on July 24, it is backed by CSR funds in collaboration with venture capital...
  12. Curtains down for Koo; Founders say partnership talks failed, impacting winter funding

    Curtains down for Koo; Founders say partnership talks failed, impacting winter funding

    New Delhi Koo, the Indian replica of Twitter (nowThe announcement draws the curtain on Koo, which launched in 2000 and whose popularity in India skyrocketed around 2021 following the Indian government's dispute with X (then Twitter). Back then, amid growing calls to expand the ecosystem of...
  13. Indian startups to raise nearly $7 billion in first half of 2024

    Indian startups to raise nearly $7 billion in first half of 2024

    However, according to data compiled by TheKredible, the figures are still far less than $20 billion in the first half of 2022.The $7 billion funding included 182 development or late-stage deals worth $5.4 billion and 404 early-stage deals worth $1.54 billion. According to Entrackr's report...
  14. Curtains down for Koo; The founders say the little yellow bird said its final goodbye

    Curtains down for Koo; The founders say the little yellow bird said its final goodbye

    New Delhi: Social media platform Koo, which had pitched itself as a rival and viable alternative to Twitter (now ". .In a post on LinkedIn, co-founders Aprameya Radhakrishna and Mayank Bidawatka announced that the platform will be discontinuing its services to the public as talks for a...
  15. Koo announces closure after partnership talks fail

    Koo announces closure after partnership talks fail

    "We explored partnerships with several large internet companies, conglomerates and media houses, but these talks did not yield the results we wanted," Koo founders Aprameya Radhakrishna and Mayank Bidawatka wrote in a LinkedIn post.“Most of them didn't want to deal with user-generated content...
  16. Court allows two hours custodial parole to Engineer Rashid to take oath as MP

    Court allows two hours custodial parole to Engineer Rashid to take oath as MP

    New Delhi: A court here on Tuesday granted two hours of custodial parole to Kashmiri leader Sheikh Abdul Rashid to take oath as Lok Sabha MP on July 5.Rashid, also known as Engineer Rashid, was elected as an independent candidate from the Baramulla seat in the recent Lok Sabha elections...
  17. ESGRC platform Accelerate secures $52 million to drive inorganic growth,
APAC expansion

    ESGRC platform Accelerate secures $52 million to drive inorganic growth, APAC expansion

    The company will use the funding to refinance existing debt and pursue its inorganic growth strategy and further strengthen its businesses in APAC (Asia-Pacific), UK and Australia.“In Orion Capital Asia, we found a partner that fully appreciates our business model, supports our initiatives and...
  18. India's retail market is attracting investors, funding for startups increased by 32 percent

    India's retail market is attracting investors, funding for startups increased by 32 percent

    The report of data intelligence firm Tracxn states that funding for the retail sector has increased by 32 percent to $ 1.63 billion in the first half of 2024, which was $ 1.23 billion in the first half of 2023.The report further states that the total funding round has raised over $100 million...
  19. NIA agrees to let Engineer Rashid take oath as MP, court will give order tomorrow

    NIA agrees to let Engineer Rashid take oath as MP, court will give order tomorrow

    New Delhi: Jailed Kashmir leader and newly elected MP Sheikh Abdul Rashid, popularly known as Engineer Rashid, is likely to take oath on July 5, the National Investigation Agency (NIA) said on Monday before a special court. Have given your consent. Additional Sessions Judge Chander Jeet Singh...
  20. NIA agrees to administer oath of office to Engineer Rashid as MP, court will pronounce order tomorrow

    NIA agrees to administer oath of office to Engineer Rashid as MP, court will pronounce order tomorrow

    New Delhi: The National Investigation Agency (NIA) on Monday gave its consent to jailed Kashmiri leader Sheikh Abdul Rashid, popularly known as Engineer Rashid, to take oath as MP on July 25. Additional Sessions Judge Chander Jeet Singh will pass orders on the petition. on Tuesday.Baramulla MP...
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