Vegapay Secures $5.5 Million Seed Funding Led by Elevation Capital to Revolutionize Digital Lending.
Vegapay, a promising fintech startup specializing in digital lending and card management, has successfully raised $5.5 million in its seed funding round. The round was led by Elevation Capital, with notable participation from Eximius Ventures. This new influx of capital comes less than a year after Vegapay secured $1.1 million in a pre-seed round also […]
Euler Motors Secures $24 Million in Series C Round Led by Piramal Alternatives.
Commercial electric vehicle manufacturer Euler Motors has successfully raised Rs 200 crore ($24 million) in its Series C funding round. This investment was spearheaded by a new investor, Piramal Alternatives India Access Fund. Existing backers British International Investment and Blume Ventures also participated in this funding tranche. Euler Motors plans to utilize the fresh capital […]
Rebel Foods Secures $13 Million in Debt Financing from Alteria and InnoVen Capital.
Rebel Foods, the pioneering cloud kitchen brand behind EatSure (formerly Faasos), has successfully raised Rs 110 crore ($13.2 million) in debt from Alteria and InnoVen Capital. This marks the fifth instance of debt financing for Rebel Foods since its last equity round in 2021. The company’s board passed a special resolution to issue 11,000 Series […]
Intellect Design Launches iCPX and iAPX
Intellect Design Arena Ltd, a leading cloud-native, multi-product FinTech company serving the world’s top banking and insurance clients, proudly announces the launch of two state-of-the-art AI-powered platforms: iCPX (Corporate Procurement eXchange) and iAPX (Accounts Payable eXchange). These platforms are powered by eMACH.ai, the most extensive and innovative open finance platform available today. Both platforms are […]
BNPL Fintech BharatX Acquires Zenifi to enter medical lending market
Zenifi provides zero-cost and low-cost EMIs to improve conversion rates for healthcare providers, helping them convert walk-in patients by providing them affordable payment options for their treatment They have tied up with multiple hospitals and aggregators, generating an annual rate of demand worth Rs. 1.2cr+ BharatX, a Y Combinator-backed fintech startup is solving credit for […]
DiFACTO Revolutionizes Robotics Industry with $4.8 Mn Funding Injection.
In a testament to the burgeoning potential of robotic automation solutions, DiFACTO, a pioneering player in the field, has recently secured a substantial $4.8 million in its inaugural funding round. The investment, orchestrated by private equity firm Stakeboat Capital, marks a significant milestone in DiFACTO’s trajectory, propelling its mission to innovate and expand across diverse […]
Inspeq AI Secures $1.1 Million in Pre-Series-A Funding
Responsible AI development platform provider Inspeq AI has raised $1.1 million (approximately Rs 9.13 crore) in a pre-Series-A funding round led by Sure Valley Ventures, with participation from Delta Partners. Additional investors in this round include Plug and Play, alongside several notable angel investors such as Gaurav Singh Kushwaha (founder and CEO of BlueStone), Prateek […]
Flam Secures Rs 38 Crore in Pre-Series A Funding to Expand Mixed Reality Platform
AI-enabled mixed reality (MR) publishing platform Flam has successfully raised Rs 38 crore ($4.5 million) in a pre-Series A funding round. The investment comes from prominent backers including Turbostart, Twin Ventures, Alphatron Capital, various angel investors, and multiple family offices. Existing supporters such as San Francisco-based Inventus Capital Partners, SVQ, and 9Unicorns (now rebranded as […]
AbleCredit Secures $1.25 Million in Seed Round Led by Merak Ventures
AI credit underwriting company AbleCredit has successfully raised $1.25 million (approximately Rs 10 crore) in its seed funding round, led by Merak Ventures. Venture Catalysts and Helios Holdings, represented by Suraj Nalin, also participated. This marks the fourth investment for Merak Ventures in 2024, demonstrating their continued commitment to fostering innovative startups. The newly acquired […]
FarMart Secures Rs 24 Crore from Swiss-based ResponsAbility Investments to Boost Carbon-efficient Food Supply Chain
Gurugram-based SaaS food supply platform FarMart has raised Rs 24 crore ($2.8 million) in a new funding round from Swiss asset manager ResponsAbility Investments. This fresh capital comes after the company’s hiatus of more than two years. FarMart plans to use the new funds to develop a carbon-efficient food supply chain, leveraging ResponsAbility’s expertise to […]
