Comet Raises $5 Million in Series A Round Led by Elevation Capital.
Bengaluru-based D2C sneaker brand Comet has secured Rs 42.3 crore (approximately $5 million) in its Series A funding round. This significant investment, led by Elevation Capital, marks the company’s first round of investments in 2024. The board of Comet has passed a special resolution to issue 10 equity shares and 50,076 Series A CCPS at […]
Pivot Robots Secures Funding from NuVentures Following YC Backing.
Pivot Robots, an AI startup specializing in industrial automation, has successfully secured funding from NuVentures, an early-stage investor, in a round of financing whose details remain undisclosed. The startup, part of Y Combinator’s 2024 cohort, was founded in 2023 by Siddharth Girdhar and Vignesh Rajmohan. Utilizing artificial intelligence, Pivot Robots aims to revolutionize the manufacturing […]
Revolutionizing Safety: Cautio Secures Rs 6.5 Cr in Pre-Seed Funding Round.
Video telematics startup Cautio has recently secured Rs 6.5 crore ($780k) in its pre-seed funding round, marking a significant milestone in its journey towards enhancing safety solutions in India. Led by prominent investors including Antler, 8i Ventures, and AU Small Finance Bank, the funding comprises a blend of equity and debt, supplemented by contributions from […]
Matrix Partners India Rebrands as Z47 to Reflect India’s Vision for 2047.
Venture capital firm Matrix Partners India has rebranded its Indian operations as Z47, while its Chinese arm will now be known as MPC. The firm’s U.S. operations will retain the Matrix name, continuing as an early-stage venture capital fund headquartered in Boston and San Francisco. The name change for the Indian arm is inspired by […]
Nodwin Gaming to Fully Acquire German Gaming Company Freaks 4U for Rs 271 Cr.
Nazara-backed Nodwin Gaming announced on Friday that its Singapore-based subsidiary has signed definitive agreements to increase its stake in Berlin-based Freaks 4U to 100% through a share swap deal valued at Rs 271 crore ($32.6 million). Nodwin’s Singapore unit, which currently holds a 13.51% stake in Freaks 4U, will initially increase its stake to 57%, […]
Rare Rabbit Secures $18 Million in Funding from A91 Partners and Other Prominent Investors.
New-age fashion brand Rare Rabbit has successfully raised Rs 150 crore (approximately $18 million) in primary capital, led by A91 Partners. This marks the maiden institutional investment for the Bengaluru-based company since its inception in 2015. According to regulatory filings accessed from the Registrar of Companies, the board at Rare Rabbit has approved a special […]
Embracing Diversity and Tradition: The Inspiring Journey of Dusky India.
Step into the realm where beauty meets integrity, where every product tells a story of empowerment and ethical elegance. Founded just last year by visionary entrepreneur Asha Tanwar, Dusky India celebrates India’s rich diversity and natural beauty with a focus on inclusivity and sustainability. Inspired by the hues of India’s dusky skin tones, Asha set […]
The Journey of Techno Sportswear: From Humble Beginnings to Dominance in the Indian Market.
In an exclusive interview with Puspen Maity, CEO of Techno Sportswear, a company rooted in the rich manufacturing heritage of the Junjunwala family from Tirupur, has made significant strides in the Indian sportswear industry. With a strong focus on quality, innovation, and a deep understanding of the Indian market, Techno Sportswear has emerged as a […]
Autocracy Machinery Secures Rs 5 Crore in Pre-Series A Funding Round Led by Venture Catalysts.
Machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a pre-Series A funding round led by Venture Catalysts, with additional participation from Nikhil Jaisinghani, Bharat Jaisinghani, and SFour Capital. The Hyderabad-based company had previously secured $1.2 million in 2023 from Venture Catalysts, Z Nation Lab, Hem Angels, and other investors. According to a […]
Celebal Technologies Secures Debt Funding from BlackSoil to Enhance Market Penetration.
Celebal Technologies, an IT services provider with backing from Norwest Venture Partners, has secured an undisclosed amount of debt from the alternative credit platform BlackSoil. This new funding aims to bolster the company’s working capital and support general corporate purposes, as detailed in a company press release. The investment will further enhance Celebal Technologies’ ability […]
