Aye Finance Secures $30 Million in Series G Funding to Expand Microfinance Operations
Aye Finance, a prominent microlending platform, has successfully raised Rs 250 crore (approximately $30 million) in its Series G funding round. This latest investment was led by Singapore’s ABC Impact, with additional participation from British International Investment (BII), the UK’s development finance institution and impact investor. Notably, BII also led Aye’s previous Series F round, […]
Uber Boosts Everest Fleet with $30 Million Investment, Elevating Valuation to $425 Million
Mobility startup Everest Fleet has successfully raised Rs 251.7 crore (approximately $30 million) in its Series C funding round, with significant backing from global ride-hailing leader Uber. This marks Uber’s second investment in the company, which manages a substantial cab fleet for its platform. According to a recent regulatory filing with the Registrar of Companies […]
M2P Fintech Secures $50 Million Investment from Taj Investment Holdings for Expansion
M2P Fintech, an application programming interface (API) infrastructure platform formerly known as Yap, has successfully raised ₹417.5 crore (approximately $50 million) from Taj Investment Holdings. This strategic investment marks Taj’s first foray into Indian startups, highlighting the growing interest in fintech solutions within the region. According to regulatory filings accessed by Entrackr, M2P’s board approved […]
z21 Ventures Announces First Close of $40M Fund II with Anchor Investor WestBridge Capital
z21 Ventures, an early-stage venture capital firm, has announced the first close of its $40 million Fund II, securing $20 million from anchor investor WestBridge Capital. This follows the full deployment of z21’s first $5 million fund in June 2024, which backed 26 startups. Fund II will focus on pre-seed and seed-stage investments in disruptive […]
Bookmybai Secures Rs 2 Crore in Pre-Series A Round Led by Inflection Point Ventures to Boost Expansion
Bookmybai, a tech-enabled domestic help service provider, has raised Rs 2 crore in a pre-Series A funding round led by Inflection Point Ventures (IPV). The funds will be used to support the platform’s ambitious growth plans, including expanding to new locations and adding 50,000 more housemaids to its roster, enhancing service efficiency and accessibility. Founded […]
NowPurchase Secures $6M in Funding to Transform Metal Manufacturing with AI and SaaS Solutions.
NowPurchase, a SaaS-enabled marketplace focused on streamlining the metal manufacturing sector, has successfully raised $6 million in a combination of equity and debt. The funding round was led by Info Edge Ventures, with participation from Orios Ventures Partners, 100 Unicorns, VC Grid, and several prominent family offices and angel investors, including Dholakia Ventures, Real Ispat […]
Bluecopa Secures $1.8 Million in Pre-Series A to Accelerate FinOps Automation
Bluecopa, a finance operations (FinOps) automation platform, has raised $1.8 million in a pre-Series A funding round, with key investors Blume Ventures, Dallas Venture Capital, and Venture Catalysts leading the round. The funds will be directed toward expanding market reach, enhancing AI capabilities, and further developing its core product, according to the company’s press release. […]
Kaleidofin Secures $13.8 Million in New Funding Round Led by Rabo Partnerships to Boost Credit and Lending Services
Fintech startup Kaleidofin has raised $13.8 million in a new funding round led by Rabo Partnerships B.V., with participation from existing investors Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India, and Flourish. This brings the total capital raised by the Chennai-based startup to $37 million since its inception. The fresh funds will be allocated to scaling Kaleidofin’s lending portfolio, enhancing […]
India Mobile Congress 2024 announces impressive Artificial Intelligence lineup for Asia’s Premier Digital Technology Forum
Invites Delegates and Media to register for the eighth edition of the premier Technology Forum New Delhi, 20th September 2024: India Mobile Congress, Asia’s premier digital technology exhibition, today announced an impressive lineup of showcase, exhibition and discussions focused on AI and Gen AI at its eighth edition scheduled to take place from15th-18th October at Pragati Maidan in New Delhi, co-hosted […]
AltiusHub Secures $2.25 Million in Seed Funding Led by Endiya Partners
AltiusHub, a Hyderabad-based startup specializing in manufacturing supply chain visibility software, has successfully raised $2.25 million in its seed funding round. The investment was led by Endiya Partners, with additional participation from other investors. Founded in 2023 by Siddharth Reddy and Abiram Vijaykumar, AltiusHub offers a cutting-edge SaaS platform designed to enhance supply chain security […]
