Electric two-wheeler firm Pure EV said it has raised USD 8 million (around Rs 66 crore) from a consortium of investors, according to PTI report. The funding was led by Bennett Coleman and Company Ltd, Hindustan Times Media Ventures, alongside Ushodaya Enterprises Pvt Ltd, existing investors and high net-worth individuals, Pure EV said in a…
Evrotrust, Europe’s trusted digital transformation provider, has received a significant investment of €3.3 million from existing clients and private equity fund Silverline Capital. This is just a few months after Evrotrust got recognized as a notified eID scheme by the European Commission. The funding reinforces Evrotrust’s position as a major player in the European digital identity market, a statement said. The company’s services are…
Astrotalk, a Noida-based startup which provides astrology consulting services, is set to raise $20 million in its first institutional funding round from New York-based venture capital firm Left Lane Capital, according to ETtech report. The company will utilise the funds to expand its services geographically, focusing on south India, which presents a large market opportunity…
Khyaal, a Titan Capital-backed startup that focuses on services for senior citizens, has raised $4.2 million in a funding round co-led by 62 Ventures, SVQuad and early-stage venture capital firm Inventus Capital Partners, which has earlier backed firms like Policybazaar and Healthify, according to ETtech report. The round also saw participation from existing investors including…
Kore.ai, a leader in enterprise conversational and generative AI platform technology, announced $150 million in funding. The strategic growth investment was led by FTV Capital, a sector-focused growth equity investor with a successful 25+ year track record investing across enterprise technology, along with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity,…
Plant-based health and nutrition supplement brand, Earthful, announced that it has raised Rs 3.3 crore in a funding round led by Green Ivy Venture, according to ETtech report. The round also saw participation from angel investors, including Tracxn cofounder Abhishek Goyal, Jayant Paleti of Darwinbox and Magicpin cofounder Brij Bhushan. The startup will use the…
RagaAI, an AI testing and safety firm founded by former Ola Electric and NVIDIA executive Gaurav Agarwal, announced its first institutional funding of $4.7 million led by AI and machine learning-focused investor Pi Ventures, according to ETtech report. Anorak Ventures, TenOneTen Ventures, Arka Ventures, Mana Ventures and Exfinity Venture Partners also participated in the funding…
Leading enterprise-grade staking platform Kiln announced the close of a $17 million funding round led by 1kx, with participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, LBank and further contributions from existing investors. The assets raised will be used to fund Kiln’s global expansion, including the growth of its APAC division through the opening of its APAC Headquarters…
FlexifyMe, a trailblazing Chronic Pain Management Platform, closed its Seed funding round, securing INR 10 Crore from leading investors IvyCap Ventures and Flipkart Ventures. The round witnessed active participation from other esteemed investors, including GSF, Chandigarh Angels, Venture Catalyst, and Ah Ventures. The company plans to strategically direct these funds to revolutionize chronic pain management,…
Vortexa, the leading real-time global analytics platform for energy and freight markets, announced the successful completion of its $34 million Series C funding round. Investment funds managed by Morgan Stanley Expansion Capital spearheaded the funding, with strong participation from existing investors Notion Capital, Monashees, Metaplanet, FJ Labs and Communitas Capital. The investment, which brings the…
Search startup Perplexity AI has raised $73.6 million from a group of investors including Nvidia and Amazon founder Jeff Bezos, the latest example of investors hunting for AI startups that challenge incumbents, according to Reuters report. The round was led by venture capital firm IVP and valued the company at about $520 million, according to the company.…
Sourcefit, a leading international business processing outsourcing (BPO) provider with operations centers in the Philippines, South Africa, Dominican Republic and Armenia, has successfully closed a significant strategic investment, attracting investments from prominent players 9 Basil, NextGen Ventures, and Rocket Equities. The strategic investment round demonstrates a decisive vote of confidence in Sourcefit’s business model and potential. Rocket Equities,…
Ecoil, an eco-friendly gasoline production startup, has secured INR 3 Crores in a funding round led by The Chennai Angels, with participation from AIC Banasthali Vidyapith Foundation, Shell India, and other high-net-worth individuals. Founded by Sushil Vaishnav and Kirti Vaishnav, Ecoil specializes in transforming used cooking oil and fats into biodiesel, offering comprehensive waste management…
Homegrown wearables brand Noise has raised $10 million from US-based audio equipment major Bose Corporation in a deal that values the Gurgaon-based company at around $420 million, according to ETtech report. Bose has acquired approximately 2.4% stake, Noise said in a regulatory filing with the Registrar of Companies (RoC). Noise has issued 2,400 compulsorily convertible…
Scope, an invite-only startup networking platform, launched a venture capital fund worth $45 million, focused on the fintech and gaming sectors, according to IANS report. Scope’s VC arm will operate as an independent entity in identifying, nurturing, and accelerating startups that demonstrate exceptional promise and disruptive potential. The arm will also actively scout for startups…