Energy Management Startup Enlog Secures Funding from Vinners to Boost Growth and Expand Operations
Energy management and IoT solutions provider Enlog has raised ₹1.75 crore in a fresh funding round led by Vinners, aiming to fuel the company’s expansion and drive innovation in the energy management sector. Founded in 2019 by Bharath Rankawat and Jharna Saha, Enlog focuses on IoT and AI-powered energy solutions designed to optimize electricity consumption and support carbon reduction goals. By […]
The Hosteller Raises $5.7 Million in Series A to Expand Across India.
Backpacker hostel chain The Hosteller has successfully raised Rs 48 crore (approximately $5.7 million) in its Series A funding round. The round was led by existing investor V3 Ventures, which contributed Rs 32 crore in equity, while Blacksoil provided Rs 16 crore in venture debt. This new round has pushed The Hosteller’s valuation to Rs 200 crore (around $25 million). The fresh investment follows a […]
MOOEV Technologies Raises Rs 4 Crore to Launch Electric Heavy-Duty Truck Fleet and Charging Infrastructure
Electric vehicle startup MOOEV Technologies has successfully raised Rs 4 crore in seed funding, in a round led by Bizdateup with participation from Inflection Point Ventures and Spectrum Impact (Aarti Industries Family Office). This funding will enable MOOEV to deploy an initial fleet of 15 electric heavy-duty trucks, supported by a high-voltage charging infrastructure essential […]
MODIFI Expands Global Reach with $15 Million Investment from SMBC Asia Rising Fund
MODIFI, a leading provider of B2B Buy Now, Pay Later (BNPL) solutions, has successfully raised $15 million in a new funding round led by SMBC Asia Rising Fund. This investment round also saw continued support from existing partners, including Maersk, Intesa Sanpaolo, and Heliad, strengthening MODIFI’s position as a key player in the global B2B […]
Easy Home Finance Secures $35 Million in Funding to Expand Operations and Scale AUM
Easy Home Finance, a leading player in the home financing sector, has successfully raised $35 million in a new funding round. The round was led by Ranjan Pai’s family office, Claypond Capital, along with participation from Sumitomo Mitsui Banking Corporation’s Asia Rising Fund. Existing investors, including Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India […]
Shopping on Credit almost doubles this Diwali for eCommerce Consumers, COD dips significantly: GoKwik
The preference for shopping on credit cards & BNPL doubled to ~7% compared to last year’s festive period. Gurugram, 8 November 2024 – Credit has almost doubled this festive season largely led by Credit Cards and Buy Now, Pay Later (BNPL) options for D2C brands on GoKwik’s network. The preference for credit surged from 3.49% […]
From Code to Compass: How Jitin Bhatia Built Explurger to Revolutionize Travel Sharing
Introduction: A Visionary Leap into Travel-Tech In a recent conversation with R. Chandra, Editor in Chief of Indian Startup Times, Jitin Bhatia, the founder of Explurger, shared the remarkable journey that took him from software development to creating a revolutionary travel-tech platform. His brainchild, Explurger, was born out of his passion for travel and a […]
Induz Secures $780K Funding to Bolster Data Security Solutions, Led by YourNest.
Induz, a promising player in the data security sector, has raised $780,000 in a funding round led by YourNest Venture Capital, which contributed $750,000, supplemented by $30,000 from SanchiConnect as part of the YourNest-SanchiConnect Velocity Program 2024. The new capital injection is set to propel the company’s product development initiatives, facilitate paid proof of concepts […]
Innovartan Learning Solutions Secures Rs 5 Crore in Pre-Seed Funding to Transform School Education.
Edtech startup Innovartan Learning Solutions has successfully raised Rs 5 crore in a pre-seed funding round co-led by noted investors Gokul Rajaram and Amit Singhal. This strategic funding will be utilized to bridge the current divide between traditional school education and competitive exam preparation, allowing schools to become self-sufficient centers of academic excellence, according to […]
Sushain Wellness Secures Rs 2 Crore Seed Funding from Prajay Advisors LLP to Expand Tech-Driven Natural Healthcare Solutions.
Sushain Wellness, a healthtech platform merging traditional healing practices with modern technology, has successfully raised Rs 2 crore in its seed funding round led by Prajay Advisors LLP, a Mumbai-based venture capital firm. This significant investment will bolster Sushain Wellness’s technological capabilities and facilitate the expansion of its comprehensive healthcare services, addressing the increasing demand […]
