Incuspaze Secures $8 Million in Maiden Funding Round to Expand Workspace Solutions
Workspace solution provider Incuspaze has successfully raised approximately $8 million in its maiden funding round, led by the India Inflection Opportunity Fund (IIOF) alongside other financial institutions. This strategic investment is set to enhance Incuspaze’s ability to deliver premium workspace solutions to enterprises, MSMEs, and startups, the company announced in a statement. Boasting a portfolio […]
Stable Money Secures $15 Million in New Funding Round
Wealthtech startup Stable Money has successfully raised over Rs 123 crore (approximately $15 million) in a fresh funding round. The investment comes from prominent investors RTP Capital, Lightspeed India, and Matrix Partners. This achievement places the Bengaluru-based company among the select few startups to secure two funding rounds within a year, a notable feat amid […]
Aereo Secures $15 Million in Series B Funding to Elevate Aerial Intelligence Solutions
Commercial drone solutions pioneer Aereo has successfully raised $15 million in its Series B funding round, spearheaded by 360 ONE Asset. The funding round also saw contributions from existing investors, including StartupXseed Ventures and Navam Capital. Aereo previously attracted $6.44 million at a post-money valuation of $25.5 million from investors such as GrowX Ventures, StartupXseed […]
BlackSoil NBFC Secures Over ₹200 Crore in New Debt Round, Boosting Total Debt to ₹1,570 Crore
BlackSoil NBFC, a prominent player within the BlackSoil Group, has successfully raised ₹208 crore in a recent debt funding round. This latest round saw participation from high-net-worth individuals (HNIs), ultra-high-net-worth individuals (UHNIs), family offices, banks, and non-banking financial companies (NBFCs). Of the total amount raised, 60% came from new debt investors. This funding injection has […]
SaaS Startup Bitscale Secures Maiden Funding Round Led by First Cheque
SaaS startup Bitscale has successfully raised its first round of funding, led by India Quotient’s First Cheque. The round saw participation from a diverse group of investors, including Point One Capital, CRED founder Kunal Shah, Curefoods founder Ankit Nagori, 7 Square Ventures, and Supplynote’s co-founders Harshit Mittal, Kumar Kushang, and Abhishek Verma. Notable individuals such […]
Accel Leads $1.8 Million Funding Round for AI Personalization Startup Fibr
Artificial intelligence-driven personalization platform Fibr has successfully secured $1.8 million in its latest funding round, with Accel leading the investment. The round also saw participation from 2 am VC and Kunal Shah, founder of CRED. Fibr, which had previously raised $2 million in a seed round in February 2023, plans to utilize the new funds […]
Former Alibaba and 9Unicorns Executives Launch ₹1,000 Crore VC Fund PROMAFT Partners
Raghav Bahl, former head of investments at Alibaba Group’s India business, and Soham Avlani, ex-partner at 9Unicorns, have officially launched PROMAFT Partners, a new ₹1,000 crore venture capital fund. Before leading investments for Alibaba, Bahl held the position of vice president at Bessemer Venture Partners, a renowned global fund with a presence in the US, […]
Lifetime Health Secures $1.5 Million in Seed Round to Expand At-Home Care Services
Lifetime Health, a digital platform for at-home care, has successfully raised $1.5 million in a seed funding round led by US-based venture capital firm The Garage Syndicate, along with participation from other angel investors. This latest funding round follows a previous raise of $900,000 from an existing investor. The newly acquired funds will be used […]
Inflection Point Ventures Leads Seed Round in EV Ride-Hailing Startup MyPickup
Electric vehicle ride-hailing startup MyPickup has secured an investment of Rs 1.5 crore in a seed funding round led by Inflection Point Ventures (IPV). The funds will be allocated towards the development of scheduling algorithms, brand building, and optimization of operations management, according to a press release from MyPickup. Founded in 2022 by Abhijeet Dattatraya […]
Slice Secures Rs 65 Crore in Second Tranche of $30 Mn Debt Round
Consumer lending and payments startup Slice has raised Rs 65 crore (approximately $8 million) in debt funding from Neo Markets. This marks the second debt investment for the Bengaluru-based company this year, bringing its total debt funding in this round to nearly $30 million. According to regulatory filings accessed from the Registrar of Companies (ROC), […]
