Burma Burma Secures Additional $2 Million in Equity Funding to Fuel Expansion
Burmese vegan restaurant chain Burma Burma has successfully raised $2 million in its latest equity investment round. This funding round saw participation from several family offices, including Negen Capital, which also led the startup’s previous $2 million seed round in November 2022. Founded by Ankit Gupta and Chirag Chhajer, Burma Burma Restaurant and Tea Room […]
Neuron Energy Secures Rs 20 Crore in Series A Funding to Accelerate EV Battery Innovation
Neuron Energy, an electric vehicle (EV) battery manufacturer, has announced it has raised Rs 20 crore ($2.4 million) in its Series A funding round. The round was co-led by Chona Family and Capri Global Family Office, following a similar amount secured in its pre-Series A round. The newly acquired funds will enable Neuron Energy to […]
EtherealX Secures $5 Million Seed Round Led by YourNest
Spacetech startup EtherealX has successfully raised $5 million in a seed funding round led by YourNest. The round saw participation from notable investors including BIG Global Investments JSC, BlueHill Capital, Campus Fund, Golden Sparrow Ventures, Karan Bhagat & Yatin Shah from IIFL Wealth, Kiran Shetty, and Akhilesh Agarwal. The funds will be directed towards the […]
Nazara’s Absolute Sports Acquires DeltiasGaming Assets to Expand U.S. Gaming Footprint
Absolute Sports, a subsidiary of Nazara Technologies and the parent company of Sportskeeda.com has signed an asset purchase agreement to acquire the assets of DeltiasGaming.com, a leading source of gaming and e-sports content in the United States. This acquisition deal is valued at $900,000 (approximately Rs 7.5 crore) and will be paid in one or […]
CaratLane Founder and Jaipur Gems CEO Invest in Fintech Startup IppoPay
IppoPay, a burgeoning fintech startup based in Chennai, has secured an undisclosed amount of funding from Mithun Sacheti, Founder of CaratLane, and Siddhartha Sacheti, CEO of Jaipur Gems. This investment marks a significant milestone for IppoPay as it continues to build its presence in the Indian fintech landscape. Previously, in January 2022, IppoPay raised $2.1 […]
Hyperbots Secures $2 Million in Seed Funding from Kalaari Capital and Others.
Hyperbots, an AI startup specializing in finance and accounting solutions, has successfully raised $2 million in a seed funding round led by Kalaari Capital, with additional participation from Sunicon Ventures and Athera Venture Partners. The fresh capital will be allocated towards expanding Hyperbots’ go-to-market strategy and accelerating product development, including the creation of proprietary generative […]
Instawork Acquires Able Jobs to Bolster Its Global Product Suite
Staffing startup Instawork has made its first acquisition in India by acquiring Able Jobs, a company backed by Y Combinator and Elevation Capital. Instawork, based in San Francisco, has raised over $160 million and aims to enhance its global product capabilities through this acquisition. Instawork, which connects businesses with skilled hourly workers, will leverage Able […]
Plotch.ai becomes first technology platform to process over 10M transactions on ONDC Network using AI
Mumbai, August 7th, 2024: Plotch.ai, a leading AI-powered ONDC rails infrastructure provider, announced that it has reached the 10 million cumulative transactions milestone through its network infrastructure. Founded in 2022 by Craftsvilla founder Manoj Gupta and his wife Monica Gupta, Plotch.ai is an AI enterprise software startup specializing in the ONDC network. It offers technology […]
SoftBank-Backed Unicommerce Raises $15 Million from Anchor Investors Ahead of IPO
Unicommerce, a leading e-commerce SaaS platform, has successfully raised Rs 124.4 crore (approximately $15 million) from anchor investors as part of its upcoming initial public offering (IPO). The company has allocated 11,523,831 equity shares at an upper-band issue price of Rs 18 each, according to its regulatory filing with the Bombay Stock Exchange. Prominent investors […]
FirstCry Secures $227 Million from Anchor Investors Ahead of IPO
BrainBees Solutions Limited, the parent company of FirstCry, has successfully raised Rs 1,886 crore (approximately $227 million) from 71 anchor investors in preparation for its upcoming initial public offering (IPO). The company will offer 4,05,55,428 equity shares at a price of Rs 465 each, as indicated by recent data from the Bombay Stock Exchange. Key […]
