Funding Success: Easy Home Finance, based in Mumbai, raised $35 million in a Series B funding round led by Claypond Capital, with participation from existing investors and Sumitomo Mitsui Banking Corporation’s Asia Rising Fund, bringing its total funding to over $100 million. Growth Plans: The company aims to increase its assets under management to $300 […]
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Deeptech robotics startup CynLr raises $10 million in a Series A funding round
Funding Achievement: Homegrown robotics startup CynLr has secured $10 million in a Series A funding round led by Pavestone and Athera Venture Partners, raising its total funding to $15.2 million. Core Business Focus: Established in 2019, CynLr specializes in visual object sentience and cybernetics, developing sentient robots capable of complex object recognition and manipulation, with […]
Early-stage VC firm Inflexor Ventures announces first close of Rs 350 crore opportunities fund
Inflexor Ventures has announced the first close of its Rs 350 crore Opportunities Fund, having secured Rs 280 crore, approximately 80% of its target corpus, with a final close anticipated by the end of the month. HDFC AMC Select AIF FoF I Scheme is the primary investor and key limited partner in the fund, alongside […]
UAE’s $54.4 Billion Investment in Sustainable Energy Unveiled at ADIPEC 2024
The UAE plans to invest $54.4 billion (AED200 billion) over the next six years to transition its energy sector towards sustainability, with a goal of becoming a global leader in clean energy. By 2050, the UAE aims to achieve net-zero emissions, spearheaded by Energy Minister Suhail Al Mazrouei, who is focused on decarbonizing the economy […]
Data security solutions provider Induz raises $780,000 in funding from YourNest
Recent Funding Achievement: Data security startup Induz has secured $780,000 in a funding round led by YourNest Venture Capital, with contributions from SanchiConnect. This investment aims to bolster Induz’s data security and confidential computing solutions. Strategic Use of Funds: The funding will be used to enhance product development, obtain necessary industry certifications, conduct paid proofs […]
3D geospatial platform Heliware raises Rs 4 crore in funding led by JIIF
Heliware, a 3D geospatial platform founded in 2018, has raised Rs 4 crore in a pre-Series A funding round led by JITO Incubation and Innovation Foundation (JIIF), with contributions from TiE and Vatvistaar Ventures. The funding will support the development and launch of new products, including Bhumi Maps and Bhumi Builder, aimed at enhancing geospatial […]
Mush Social secures $1.2 million pre-Seed
Funding Round: Mush Social, a Saudi Arabia-based social platform, secured $1.2 million in a pre-Seed funding round led by Nifal Consulting, supported by Nahr Al-Jazeera Holding and multiple angel investors. Platform Features: Founded in 2022 by Abdulhadi Alasmi, Mush Social offers users the ability to earn interactive points and own virtual assets through a unique […]
Innovartan Learning Solutions raises Rs 5 crore funding in a pre-seed funding round
Innovartan Learning Solutions, an edtech startup based in Noida, raised Rs 5 crore in a pre-seed funding round led by investors Gokul Rajaram and Amit Singhal, aimed at enhancing educational integration in India. The startup addresses the issue of a fragmented education system where students must manage both school and separate coaching for competitive exams, […]
Brands.io Secures Seed Funding to Power AI Domain Marketplace Expansion
Launch and Focus: Brands.io, launched in October 2024 by entrepreneur Chetan Gera, specializes in curating premium AI-focused domain names aimed at startups in the AI sector, enhancing their online presence. Funding and Growth: The platform recently secured Seed funding to facilitate rapid growth and expansion, allowing for the development of new features and improvements to […]
Hyderabad-based dronetech startup Marut Drones raises $6.2 million in funding
Funding and Focus: Marut Drones, a Hyderabad-based startup specializing in drone technology, raised $6.2 million in a Series A funding round led by Lok Capital, aiming to enhance its agricultural solutions and explore applications in disaster management and surveillance. Product and Manufacturing Development: The investment will accelerate the development of advanced agricultural drones and support […]