Elevar, a Mumbai-based startup that manufactures sporting goods, has raised $2.5 million in a Series A funding round led by Kalaari Capital. Dream Capital also participated in the funding round. The funds will be utilised for expanding the product portfolio, marketing and hiring. “Cutting-edge materials and technology in sporting goods have always been priced out…
Tag: Elevar
Indian Impact enterprises raise $2.6 bn in investment across key impact sectors during calendar year 2020
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•The annual research report on ‘2020 in Retrospect’ reveals that Impact enterprises received ~$2.6BN in investment across 243 equity deals and saw 13 successful exits in the calendar year (CY) 2020. Despite the global health pandemic and its accompanying effects on the business and economic environment, impact investors continue to pledge their support to solving…