CarDekho Group’s New Auto Segment’s Shift in Fuel Preferences Report: Electric Vehicles (EVs) Lead the Chart with 26% YoY Traffic Increase
CNG vehicles experienced a 17% YoY traffic growth, with CNG’s retail market share rising from 17% to 21%, overtaking diesel. Petrol and Hybrid vehicles showed a modest 3% YoY traffic increase, with hybrid vehicles seeing an impressive 80% YoY retail growth The findings reflect a growing consumer shift towards sustainable mobility solutions and an expanding […]
Culture Circle Secures $2 Million in Seed Funding to Expand Luxury Streetwear Marketplace.
Culture Circle, a luxury e-commerce platform focused on sneakers and streetwear, has raised $2 million in its seed funding round. Led by Info Edge Ventures with participation from angel investors, the fresh capital will help the startup expand its collection, enhance its authentication technology, and continue growing its luxury fashion community. Founded in 2023 by […]
Power Gummies Raises Rs 10 Crore in Bridge Round to Expand Sugar-Free and Wellness Product Offerings.
Power Gummies, a wellness-focused gummies brand, has successfully raised Rs 10 crore in its bridge funding round. This round was led by the Jaipuria Family Office and Quadrant, with participation from investors including 100unicorn, DSGCP, Wipro Consumer, Venture Catalysts, Agility, Sharrp Ventures, Dhianu Das, and NB Ventures. This follows a previous funding milestone in January […]
Fintech Startup Navanc Raises $1 Million to Expand Operations and Integrate Cutting-Edge AI Tech.
Navanc, an innovative fintech startup specializing in the property tech (proptech) sector, has successfully raised $1 million in its seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP, FirstPort Capital, and a group of prominent angel investors. The funds will be utilized to fuel Navanc’s […]
Avanti Finance Raises $14.2 Million in Series B Round to Expand Loan Offerings and Technology.
Bengaluru-based non-banking financial company (NBFC) Avanti Finance has successfully raised $14.2 million (Rs 120 crore) in its Series B funding round. The round was led by Dia Vikas Capital and supported by existing investors IDH Farmfit Fund, NRJN Family Trust, Rabo Partnerships, and select high-net-worth individuals (HNIs). The company’s early investors include prominent organizations such […]
GrowX Ventures Launches Fund II with Rs 400 Crore Target to Back Disruptive B2B Startups
GrowX Ventures, a venture capital firm focused on B2B and DeepTech startups, has announced the launch of its second fund (Fund II) with a target corpus of Rs 400 crore (approximately $47.1 million). The firm aims to further its commitment to supporting high-impact innovation by targeting early-stage (Seed) and early-growth stage (Series B) investments in […]
CarDekho SEA Secures $60 Million in First External Funding Round, Targets Expansion in Southeast Asia.
CarDekho SEA, the Southeast Asian arm of the digital automotive solutions provider CarDekho Group, has successfully raised $60 million in its inaugural external funding round. The investment was led by growth and private equity firms Navis Capital Partners (Navis) and Dragon Fund. This funding brings the total capital raised by CarDekho SEA to over $100 […]
Haber Secures $44 Million in Series C to Scale AI-Powered Industrial Robotics Solutions Globally.
Haber, a leading industrial robotics company specializing in AI-driven automation solutions, has successfully raised $44 million in its Series C funding round. The round was led by investors Creaegis, BEENEXT, and Accel, comprising $38 million in equity and $6 million in debt. The fresh capital will enable Haber to scale its operations internationally, with a […]
Care.fi Launches RevNow, India’s Smartest AI-Enabled RCM Platform,
Care.fi is all set to Revolutionise Insurance Claims Processing for Hospitals with its new product – RevNow. New Delhi, 12th December,2024 – Care.fi, India’s leading healthcare-focused fintech startup, has launched RevNow, the country’s most advanced AI-powered Revenue Cycle Management (RCM) platform designed specifically to address the challenges faced by hospitals in managing insurance claims. Developed as a […]
Ashu Goel, Ex-JP Morgan, Singapore, Appointed as Febi.ai’s CTO
Febi.ai, an AI-powered Accounting, Tax Compliance, and Financial Management firm in India, announced the appointment of Ashu Goel as its Chief Technical Officer (CTO). Ashu will spearhead the technical development of the software. Before joining Febi.ai’s leadership team, Ashu Goel had 18+ years of experience in leadership across global organisations and industries, including 11 years […]
