Nazara Technologies’ Datawrkz Acquires UK-Based Growth Marketing Agency Space & Time for Rs 52.3 Crore
Nazara Technologies’ subsidiary, Datawrkz, has announced the complete acquisition of Space & Time, a leading UK-based growth marketing agency, for approximately Rs 52.3 crore ($6.2 million). The transaction, completed through a mix of cash and stock, underscores Datawrkz’s strategic intent to bolster its presence across Europe and North America, enhancing its influence in the global […]
Kanakadurga Finance in talks with private funds to raise equity capital of Rs. 100-125-Crore, appoints Intellecap for its Series B round
Mumbai, October 30, 2024: South India-based non-banking financial company (NBFC) Kanakadurga Finance Ltd is in talks with private equity funds to raise a Series B equity fund of Rs. 100-Rs. 125 crore. It has appointed Intellecap, an advisory and consulting arm of Aavishkaar Group, for the same. Kanakadurga focuses on the used commercial vehicle financing […]
CarDekho Group’s New Auto Segment’s Festive Trend Report: SUVs Lead the Way with a 43% YoY Traffic Increase Across All Sub-Segments
The mass SUV segment witnessed the strongest growth, boosting its contribution from 50% to 63% of overall traffic on the CarDekho platform Compact SUVs (sub-4m) remained the most popular SUV sub-segment, posting 37% YoY growth in traffic Executive SUVs showed the highest growth within the SUV category, registering a 47% YoY increase, with traffic contribution […]
Auquan Secures Additional $4.5 Million in Seed Funding Led by Peak XV’s Surge to Advance AI-Driven Financial Insights Platform.
Auquan, a data analytics startup specializing in AI solutions for the financial services sector, has raised an additional $4.5 million in its seed funding round, led by Peak XV’s Surge program and supported by existing investor Neotribe Ventures. This recent funding brings Auquan’s total seed capital to $8 million. The funds will primarily support the […]
Anthill Ventures and Broadway Usher in a New Era for India’s D2C Startups Panel Discussion: Navigating and Uplifting the D2C Space Brings Key Insights to Light
New Delhi, October 28th, 2024: Anthill Ventures, in partnership with Broadway, hosted a highly successful D2C Mixer in Delhi, bringing together a vibrant mix of D2C founders, entrepreneurs, investors, and industry experts. The event, organized by Anthill Ventures and held at Broadway, provided a platform for industry leaders to delve into key challenges, growth strategies, and future opportunities within the fast-growing direct-to-consumer […]
Zinc Secures $25.5 Million in Seed Funding to Revolutionize Edu-Wealth Services for Overseas Education.
Zinc, an edu-wealth startup founded by Prashanth Ranganathan, former CEO of PayU Finance India, has raised $25.5 million in its seed round, positioning itself as a key player in helping families finance global educational goals. The funding was led by Nexus Venture Partners, with participation from Quona Capital, EDBI, Global Ventures, and Credit Saison. With […]
EvoluteIQ Secures $20M in Funding to Boost AI-Powered Automation and Fuel Global Expansion
EvoluteIQ, an AI-driven business automation platform, has raised $20 million in a mix of equity and debt financing, led by Round2 Capital, with participation from Nordea Growth Fund, DCAP Select, and PH Ventures. This capital injection aims to accelerate EvoluteIQ’s platform enhancements and support its expansion into new international markets. Since its founding in 2019 […]
COOX Secures $125K in Seed Funding from Inflection Point Ventures to Scale Operations and Enhance AI Integration for Home Services
Noida, 28 October 2024 — COOX, India’s prominent platform for on-demand home services and event hosting solutions, has raised $125K in a seed funding round led by Inflection Point Ventures (IPV). With this funding, COOX aims to double its reach from 20 to 40 cities, expand marketing initiatives, and enhance its technology with AI integration to […]
Cashfree Payments Secures RBI’s Prepaid Payment Instrument License, Strengthening Its Comprehensive Digital Payments Ecosystem
Cashfree Payments, a leader in the Indian payments and API banking space, has been granted the Reserve Bank of India’s (RBI) Prepaid Payment Instrument (PPI) license. This latest regulatory approval positions the company with a trifecta of essential licenses from RBI: the Payment Aggregator (PA) license, the Payment Aggregator-Cross Border (PA-CB) license, and now the […]
First Cheque Targets 15-20 Startups in the New Funding Cohort, Eyes Underrepresented D2C Sectors.
Early-stage venture capital firm First Cheque has announced its intention to invest in 15-20 startups over the next 18 months, focusing on pre-seed-stage investments. This latest initiative comes as part of the firm’s third cohort, backed by its recently closed second fund, which amassed ₹38 crore. First Cheque plans to offer initial investments of up […]
