Discover 232 articles related to Funding
Flexible workspace provider WeWork India has successfully raised ₹500 crore via a rights issue. The funds will be utilized to repay existing debt, strengthen the company's balance sheet, and reduce capital costs, aligning with its goal to become debt-free. This development underscores the trust and confidence investors have in WeWork India's vision and strategy in the country.
BGauss, an electric two-wheeler startup founded by Hemant Kabra, has secured ₹161 crore in funding from Bharat Value Fund. The investment will support the company's expansion in domestic and international markets, increase manufacturing capacity, and advance research and development for upcoming products.
Agentic AI startup Quash has secured pre-seed funding led by Arali Ventures to develop autonomous QA agents for software testing. Founded by Ayush Shrivastava, Prakhar Shakya, and Ameer Hamza, Quash aims to revolutionize software quality assurance by automating bug detection, improving reliability, and accelerating product delivery.
GrayQuest, a leading Indian fintech firm specializing in educational fee payment solutions, has secured ₹80 crore (approximately $9.3 million) in a Series B funding round. The investment was led by IIFL Fintech Fund and Claypond Capital, the family office of Manipal Group chairman Ranjan Pai, with participation from existing investor Pravega Ventures. This funding will support GrayQuest's plans to enhance its technology platform and expand its reach to more educational institutions nationwide.
RAS Luxury Skincare, a fast-growing Indian D2C beauty brand, raised $5 million in Series A funding led by Unilever Ventures. The investment will drive retail expansion, product innovation, and marketing efforts as the company scales its presence in India’s premium beauty market. The brand plans 50 exclusive outlets in three years.
BrainSightAI, a Bengaluru-based deep-tech neuroscience startup, has raised $5 million in a pre-Series A round led by IAN Alpha Fund. The funding will drive its expansion across India, global certifications, and R&D efforts, positioning it as a leader in AI-driven solutions for diagnosing and treating complex brain disorders.
BluSmart, India’s premier electric ride-hailing service, raises $50 million at a $335 million valuation. Funds will drive expansion into Mumbai, scaling Bengaluru operations, and adding a premium fleet. With FY24 revenues at ₹376 crore, BluSmart is challenging ride-hailing giants while advancing sustainable urban transport solutions.
Electric tractor startup Moonrider has raised $2.2 million in seed funding, led by AdvantEdge Founders and Micelio Technology Fund. Founded in 2023, the Bengaluru-based company develops cost-effective, climate-friendly tractors with proprietary battery technology. With 75% lower operating costs, Moonrider aims to transform farming while advancing sustainable mechanization globally.
EMO Energy, a deep-tech startup revolutionizing EV charging, has raised $6.2M in Series A funding led by Subhkam Ventures. The funds will expand battery and charger deployment, enabling 20-minute recharges for electric two- and three-wheelers. With top clients like BigBasket, EMO aims to double revenues by March 2025.
Bengaluru-based Oben Electric has raised $6 million in Series A funding to expand its EV operations nationwide. The funds will support over 100 showrooms and 50 service centers across India by 2026. Known for its flagship electric motorcycle, Rorr, Oben aims to become a global EV powerhouse by 2025.
Hospitality giant OYO has secured ₹550 crore ($65 million) from founder Ritesh Agarwal's Redsprig Innovation, raising its valuation to $3.79 billion. The funds will support global expansion, strategic growth, and corporate objectives. With profitability in FY24 and disciplined cost management, OYO is strengthening its position ahead of a potential IPO.
Accel has closed its $650 million India Fund, marking its eighth such fund in the region. The global VC firm will focus on investing in early-stage startups across artificial intelligence, consumer brands, fintech, and manufacturing. With a proven track record of identifying winners like Flipkart and Swiggy, Accel’s latest fund reinforces its commitment to fostering innovation.