Tag: Blue Ashva Capital

Bambrew raises $7 mn Series A funding led by Blume Ventures

Bambrew, a cleantech startup operating in the sustainable packaging space, said it has raised Rs 60 crore (about $7 million) in Series A funding round led by Blume Ventures, according to ETtech report. The funding was a mix of equity and debt. The equity element totalled to about Rs 30 crore, a company spokesperson told…

ePayLater secures $10M from Blue Ashva Capital, Pravega Ventures, others

Mumbai and Gurugram-based fintech startup ePayLater has announced that it has secured $10 million in a series B funding round. The round saw participation from Blue Ashva Capital, Responsibility Investments, Pravega Ventures and several other investors. Speaking on the announcement, Aurko Bhattacharya, Founder of ePayLater, commented, “At ePayLater, we are driven by the vision of…

Pune-based biofuel maker Greenjoules secures $4.5 million

Green energy technology company based in Pune, Greenjoules has announced that it has secured $4.5 million in funding, mix of debt and equity, from Blue Ashva Sampada Fund of Blue Ashva Capital. The platform aims to use the fresh funds raised for undertaking R&D initiatives and to set up commercial scale waste-to-energy plants. VS Shridhar,…

SSA Finserv bags $3 million from Blue Ashva Capital

SSA Finserv, an NBFC that addresses the capital needs of MSMEs has raised $3 million from Blue Ashva Sampada Fund to expand its lending operations. The company will use the funds in a phased manner to expand its presence in tier I and tier II cities and enhance its existing network that will help MSMEs…