Brand Story: How Ola became an integral part of Indian commuters
Ola cab service was the first tech-enabled service introduced in India. Read on to delve into the journey of Bhavish Aggarwal and Ankit Bhati.
Boston based aviation technology company, Merlin Labs, raises $105 million in funding round; enters into partnership with Air Force
Merlin Labs announced raising $105 million in Series B funding round. It has entered into a contract with the Air Force under which they plan to introduce software and hardware to help pilots become more autonomous in the cockpit.
Ola Electric introduces lithium-ion cell, manufactured in India
Ola Electric launches India’s first indigenously developed lithium-ion cell. The company will commence the mass manufacturing of NMC 2170 in 2023 from its Chennai-based Gigafactory.
Lalita Khaire: A homemaker turned entrepreneur who scaled a small idea into a multi-crore business
Lalita Sanjay Khaire decided to start her own business making kokum sharbat nearly two decades ago and today, she is hailed as “the queen of kokum,” while her company, “Kokanraj,” makes more than Rs 2.5 crore a year.
Here, a US based startup for fractional investment in high value properties, secures $5M in funding round
Here, a platform that allows consumers to become fractional investors in holiday rentals, has raised $5 million in venture funding led by Fiat Ventures.
Fieldproxy, a field service management platform, bags INR 6 crores in pre-series A round
Fieldproxy, a SaaS platform for enhancing the productivity of field teams, announces raising INR 6 crores in pre-series A round. The round was led by Y-Combinator
Lightspeed Ventures announces massive fund; $500M dedicated to India and Southeast Asia
According to Lightspeed Ventures,a total of $2.5 billion in funding will be spent in early-stage deals, including the $500 million funds created for India.
Rolls Royce, EDF among the companies to receive millions of pounds worth of grants to assist Britain in Green-house gas removal tech
British government annouced total 54 million pounds ($65 million) of funding to companies working on greenhouse gas removal technologies.
Pina Earth, Europe based climate technology startup raises $2.5 million in seed funding
Pina Earth, a climate technology startup, has raised $2.5 million in seed funding.
The seed round was led by Franco-German VC XAnge, with participation from London-based VC firm Nordstar and several business angels and serial founders
Vegrow, an agritech marketspace for fruits, bags $25M in series B round
Vegrow raises $25 million in a Series B funding round. The round was joined by Prosus Ventures, Matrix Partners India, Elevation Capital, among others.
Mumbai-based bakery, The Baker’s Dozen, receives $5M in pre-series A round
Mumbai-based, The Baker’s Dozen, has raised $5 million in the pre-series A round in a mix of debt and equity, led by Fireside Ventures.
Ed-tech startup Kreedo closes with $2.3 million in pre-series A funding round
Kreedo bags $2.3 million in its Pre-Series A funding round led by Switzerland’s UBS Optimus Foundation, Spectrum Impact, Gray Matters Capital, and 1Crowd. The funds will be used to expand the business and form partnerships with schools nationwide.
Axilor Ventures announces $100 million Axilor Technology Fund-II
Axilor Ventures plans to raise $100 million for its second seed fund. The startup was founded by Infosys co-founders Kris Gopalakrishnan and SD Shibulal.
In a first, Hyderabad-based firm Synchrony announces permanent work from home for its employees
Synchrony Hyderabad has rolled out a permanent work-from-home option for all its employees which came into effect on June 27, 2022.