Asha Ventures announces first close of debut fund at $50 million
impact investment firm Asha Ventures has raised $50 million; to mark the first close of its debut fund – Asha Ventures Fund I.
Vegrow raised $46 million to streamline the farming ecosystem
Agritech startup Vegrow has raised $46 million in Series C primary and secondary rounds led by Singapore’s sovereign wealth fund, GIC.
ofScale secures $375,000 to help digital-first brands step into the offline space
Distribution-as-a-service platform, ofScale, has raised $375,000 in its pre-seed funding round led by First Cheque to help D2C brands.
Omidyar Network shuts down operations in India
Omidyar Network India, a leading impact investment firm, has announced that it is shutting down operations in the nation.
Sarvam AI secures $41 million to build the full stack generative AI
Gen AI startup, Sarvam AI, has raised $41 million in a Series A round led by LightSpeed and backed by Peak XV and Khosla Ventures.
StyleAsh secures strategic funding from Klub to fuel growth, targets INR 8 crores revenue in FY 2024
StyleAsh, an online fashion brand backed by Klub, is on a trajectory to achieve significant milestones in the fiscal year 2024.
Healthcare logistics platform AllTrak raises INR 4.2 crore in a pre-series A round led by Inflection Point Ventures
AllTrak, a healthcare technology and logistics platform, has raised INR 4.2 crore in a pre-series Around led by Inflection Point Ventures.
BNPL fintech startup ZestMoney shuts down
ZestMoney, a BNPL fintech startup announced on December 5 that it will shut down operations and let go of its remaining 150 employees.
Indian Angel Network’s Alpha Fund announces first close at ₹355 crore
Indian Angel Network’s (IAN) Alpha Fund has announced its first close at Rs 355 crore. The fund has total corpus of Rs 1,000 crore.
Exploring Culinary Wonders: The Journey of Pawan Soni, Founder of Indian Food Freak
The founder of Indian Food Freak, Pawan Soni, is a passionate foodie, a WSET Level 2 wine connoisseur; on a mission to create a virbant community of foodies across the whole nation.
Prosus cuts Byju’s valuation to under $3 billion
Prosus has marked down the value of its stake in Byju’s. This has resulted in the company’s valuation going under $3 billion.
Pika gets a boost in AI video editing sphere: announces $55 million in funding
Pika launches advanced AI video generator to make video editing easy for all. It also announced it has raised $55 million in funding.
Elivaas raises $2.5 million from Surge to disrupt the homestay space
Looking to boost the homestay space; Elivaas has raised $2.5 million in a seed round led by Surge; Peak XV Partners’ scale-up programme.