Dairy startup Mooofarm Pvt Ltd raised $13 million in a Series A fundraising round headed by Aavishkaar Capital, the Aavishkaar Group’s Impact Investing division. The company focuses on closing the technology gap to empower marginalized dairy farmers. Aditya Birla Ventures, Accel Partners, and...

The pet care firm Vetic, based in Gurugram, has received $3.7 million seed funding from former Stripe CEO Lachy Groom. Numerous additional angel investors, including Utsav Somani of AngelList India, Nitin Saluja of Chaayos, Ritesh Agarwal of Oyo, and Manu Gupta of Blue Lion, participated in the...

The specialty chemicals startup Covvalent, run by AT7 Technology Inc., has received seed funding of $4.3 million from early-stage venture capital firm Nexus Venture Partners. Vishal Chaudhary (Zetwerk), Ramakant Sharma (Livspace), Rajesh Yabaji (BlackBuck), and Kaushal Soparkar (Meghmani Group),...

ReshaMandi, a silk-tech firm, has raised $6.2 million from Stride Ventures in a debt round. An official filing with the Registrar of Companies (Roc) reveals that the board of Resha Mandi has approved a special resolution to issue 5001 Non-Convertible Debentures at an issue price of INR 1,00,000...

BeatO, an Indian startup in the health tech sector, has secured $33 million in Series B funding led by Lightrock. HealthQuad, Flipkart, and current investors such as Orios Venture Partners, Leo Capital, W Health Ventures, and Blume Ventures also participated in the investment round. The startup...

Lentra, an Indian Fintech SaaS startup, has closed a $60 million Series B funding round led by existing investors Bessemer Venture Partners and Susquehanna International Group (SIG) Venture Capital, with participation from Citi Ventures. “We see a massive opportunity for ourselves in the retail...

Hygenco, a green hydrogen company based in Haryana, has received a $25 million investment from the SBICAP Ventures-managed Neev II Fund. According to SBICAP Ventures, the fund aims to deploy over $300 million in green hydrogen projects across India over the next three years. The investment will...

Wearables startup boAt has raised approximately $60 million from Warburg Pincus and new investor Malabar Investments. The funding comes on the heels of the startup’s IPO plans being postponed due to poor market sentiment. The boAt raised $100 million from Warburg Pincus in January 2021,...

Sequoia India is reportedly planning an investment of more than $50 million in K12 Techno Services, an edtech startup that provides a variety of services to educational institutions as well as managing its own school chain. The transaction occurs when the Indian edtech sector is still suffering...

B2B e-commerce startup Udaan has raised $120 million in convertible notes and debt, led by existing shareholders and bondholders. With this round, the company’s total funds from convertible notes and debt in the last four quarters have surpassed $350 million. Udaan raised $250 million earlier...

In a Series-C funding round co-led by GS Ventures, CJ Investment, Mirae Asset Securities, NCORE Ventures, Woori Bank, Capstone Partners, Big Basin Capital, DS Asset Management, and Pureun Investment, the pizza company GOPIZZA with headquarters in Korea, has raised $25 million (INR 200 crore). The...

Molbio Diagnostics, a Molecular Diagnostic chain, has raised $85 million in a funding round led by Singapore-based Temasek. The Goa-based firm has now received its first tranche from the Singapore-based investor, V Sciences Investments, at a unicorn valuation. Molbio enables precise, rapid, and...

The Commerce and Industry Ministry of India has officially announced that the Fund of Funds for Startups (FFS), launched in 2016, has committed INR 7,385 crore to 88 alternative investment funds (AIFs) as of September 24 this year. According to the Union Ministry of Commerce and Industry...

Bengaluru-based Signzy, a fintech startup, raised $26 million in a new round of funding from Gaja Capital and its existing investors, Vertex Ventures and Arkam Ventures. The startup, which provides digital banking infrastructure, also saw participation from Mastercard, Kalaari Capital, and...