Funding Announcement: Unicorn India Ventures and CanBank Venture Capital Fund have made an undisclosed investment in Mumbai-based healthcare payments startup QubeHealth as part of its pre-Series-A funding round. Service Offerings: QubeHealth-Pay’s app enables users to manage healthcare expenses through multiple payment sources, providing instant cash-back discounts and access to medical financing for uninsured bills, primarily […]
Category: News
Indian startups raised over $362 million from Oct 26 to Nov 02, 2024, Finova Capital tops the list
Write 3 to 5 main bullet points summarizing this Between October 26 and November 02, 2024, as many as 14 startups from diverse sectors raised $362.94 million in funding from investors. These sectors include NBFC, Dairytech, Quik Commerce, Traveltech, B2B, Skincare, AI, and Agritech. Last week, Indian startups raised over $186.23 million in funding, with […]
KiranaPro raises pre-seed funding to revolutionise quick commerce for kirana stores and supermarkets
Write 3 to 5 main bullet points summarizing this KiranaPro, a quick commerce app dedicated to empowering local Kirana stores and supermarkets, has raised an undisclosed amount in a pre-seed funding round. The funding round saw participation from a mix of angel investors and early-stage venture firms, including Unpopular Ventures, Blume Founders Fund, Snow Leopard […]
UAE-based Warburg AI Raises $250,000 in Seed Funding
Write 3 to 5 main bullet points summarizing this Warburg AI specializes in algorithmic trading, real-time risk management, and asset optimization using reinforcement learning and deep neural networks. The platform integrates diverse data sources, such as market data, economic indicators, and sentiment analysis, to deliver granular insights and trend predictions. Customizable API access enables clients […]
Finova Capital raises $135 million in series E funding led by Avataar Venture Partners, others
Write 3 to 5 main bullet points summarizing this Jaipur-based Finova Capital, a non-banking financial company (NBFC) focused on lending to micro, small, and medium enterprises (MSMEs), is raising $135 million (around RFs 1,120 crore) in a Series E funding round. The round was led by Avataar Venture Partners, Belgium-based Sofina, and Madison India Capital. […]
Beta Lab Launches $300 Million Deep Tech Fund to Drive Innovation
Write 3 to 5 main bullet points summarizing this Beta Lab launched with a $300 million capital at the Future Investment Initiative (FII) 2024 to support startups in deeptech. Strategic partners include the Saudi Ministry of Investment, Research, Development, and Innovation Authority, Hong Kong Science and Technology Parks Corporation, and MDI Ventures by Telkom Indonesia. […]
BIM Ventures unite with SBI Holding to launch $200 million fund “BIM Capital”
Write 3 to 5 main bullet points summarizing this BIM Ventures unite with SBI Holding to launch $200 million fund “BIM Capital” News • 31 October, 2024 Edit Arabic Saudi Arabia-based venture studio firm BIM Ventures and Japan’s SBI Holding have launched BIM Capital, a joint venture designed to contribute to growth opportunities across […]
Saudi Proptech ARK Raises $1M Pre-Seed Round
Write 3 to 5 main bullet points summarizing this ARKTECH, a Saudi-based proptech, secured $1 million in a pre-seed round led by Core Vision Investment. The funding will bolster ARKTECH’s role as a utility contract trading leader, expanding its tech-driven investment services. Mr. Waheed Al Jassas highlighted the platform’s potential in supporting investment and hedging […]
$300 million Beta Lab Fund launches to back Saudi, Asian deeptech startups
The Beta Lab Fund, with a capital of $300 million, was launched on the first day of the Future Investment Initiative (FII) 2024, focusing on deep tech ventures. The fund aims to foster growth and cross-border innovation between startups in the Middle East and Southeast Asia. Beta Lab is a collaboration involving key entities such […]
TGR Raises $450,000 Investment from Adaverse
Funding and Support: Tharawat Green Exchange (TGE) raised $450,000 from Adaverse to enhance its blockchain platform aimed at promoting environmental sustainability in Saudi Arabia. Carbon Offsetting Goals: TGE is focused on facilitating carbon offsetting by connecting local carbon offsetters with nurseries and land projects, contributing to Saudi Arabia’s aim of planting 10 billion trees by […]