upGrad Secures $35 Million in Debt Funding from EvolutionX.
Edtech unicorn upGrad has secured Rs 287.5 crore (approximately $35 million) in debt funding from EvolutionX, marking its first debt raise for the year. According to regulatory filings accessed from the Registrar of Companies, upGrad’s board passed a special resolution to issue 28,75,000 debentures at an issue price of Rs 1,000 each, amounting to the […]
Smartworks Secures Over $20 Million Investment from Keppel and Other Key Investors.
Co-working space solutions provider Smartworks has successfully raised Rs 168 crore ($20.24 million) from a diverse group of investors, including Keppel, Ananta Capital Ventures Fund I, Plutus Capital, family trusts, and high-net-worth individuals (HNIs). Smartworks announced that the newly raised capital will be utilized for the company’s growth and expansion initiatives, as well as to […]
Finnest Acquires Majority Stake in Kitchens@ with $145 Million Investment
London-based private equity firm Finnest has acquired a majority stake in Bengaluru-based cloud kitchen startup, Kitchens@, through a substantial investment. The board at Kitchens@ passed a special resolution to issue 40,00,000 equity shares at Rs 3,000 each, raising Rs 1,200 crore ($145 million), according to a regulatory filing sourced from the Registrar of Companies. In […]
Sports Tech startup Machaxi raises INR 4.8 Crore in Pre Series A Round led by Inflection Point Ventures
Machaxi offers technology-enabled sports coaching for kids, provides state-of-the-art facilities for adults to play at Machaxi sports centres, and enables sports equipment shopping through the Machaxi app Funds will be used for developing technology for user analytics and sports shopping, expanding the sports shop vertical, and building the Machaxi brand. Machaxi has maintained profitability, achieving […]
O hi Secures $1 Million in Pre-Series A Funding to Expand Social Networking Innovation.
Social networking app O hi has successfully raised Rs 8 crore (approximately $1 million USD) in its pre-Series A funding round, with major contributions from existing investors JIIF and a consortium of prominent angel investors. The funding infusion aims to bolster O hi’s product development initiatives, particularly enhancing its AI-driven profiling capabilities. Founded by Adeeti […]
Novavente Secures $3 Million Investment from Highbrow Securities for Expansion and Innovation.
Novavente, a dynamic consulting firm, has successfully raised $3 million in an investment round led by Highbrow Securities. This significant capital injection is poised to propel Novavente’s expansion plans, enhance its service offerings, and substantially increase its workforce, according to a press release from the company. Founded in 2016 by Ronak Rajan, Novavente has carved […]
Morphing Machines Secures $2.76 Million in Seed Funding to Advance Semiconductor Innovation.
Fabless semiconductor startup Morphing Machines has successfully raised $2.76 million in a seed funding round led by Speciale Invest, a venture capital firm focusing on deep technologies. Other participants in the round included IvyCap Ventures, Golden Sparrow, Navam Capital, CIIE Initiatives, and DeVC. The newly acquired funds will be directed towards accelerating product development and […]
Rupeek Raises $15 Million from Elevation Capital: A Step Forward in the Online Gold Loan Sector.
Rupeek, the Bengaluru-based online gold loan platform, has successfully secured Rs 125 crore (approximately $15 million) in primary funding from Elevation Capital. This latest investment marks the second tranche of a new funding round, following a $6 million investment from 360 One Large Fund in May. The board at Rupeek authorized the issuance of 5,801 […]
Electric Mobility Startup Matter Secures $10 Million in Maiden Funding Round.
Electric mobility startup Matter has successfully raised Rs 82.6 crore (approximately $10 million) in its first round of equity funding. The Ahmedabad-based e-bike manufacturer issued 1,12,837 CCPS at an issue price of Rs 7,320 each to achieve this milestone, as per regulatory filings accessed from the Registrar of Companies. The funding round saw participation from […]
India’s Leading 20 Tech YouTubers in India: Shaping the Future of Technology.
In the ever-evolving landscape of digital media, YouTube has become a powerhouse platform for tech enthusiasts and consumers alike. As we dive into the world of bits, bytes, and viral videos, we introduce you to 20 of the most influential tech voices shaping the online discourse. 1. Arun Prabhudesai (Trakin Tech) With 14.4 million subscribers, […]
