Bengaluru’s Ather Energy scoops INR 84 Cr from Hero MotoCorp
Bengaluru-based electric scooter manufacturer, Ather Energy has today raised a sum of INR 84 crore (around $11.2 million) from Hero MotoCorp.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Bollywood duo Genelia and Riteish Deshmukh launch plant-based meat venture
Genelia Deshmukh and Riteish Deshmukh stepped into the entrepreneurship club by launching Imagine Meats, a plant-based meat production company
Finin – Neobanking startup scoops funding from Unicorn India Ventures
Bengaluru-based neobanking startup, Finin on Monday closed a Pre-Series A round from Unicorn India Ventures' Fund II, PointOne Capital and Astir Ventures.
Agritech startup Vegrow raises $2.5 Mn from Matrix Partners & Ankur Capital
Agritech startup Vegrow has today raised $2.5 million in seed funding led by Matrix Partners India and Ankur Capital with participation from Better Capital.
InCred scoops INR 500 Cr debt funding
Mumbai-based InCred today raised INR 500 crore (around $6.8 million) from a number of public sector banks and financial institutions.
Dailyhunt launches Josh, a short video app like TikTok
Dailyhunt launches Josh. After the TikTok ban, the Indian startup ecosystem is witnessing a huge plethora of Indian short video creation & sharing platforms.
Aatmanirbhar.Live launched as one of India’s largest incubator for MSMEs
Three Indian youngsters last month launched World's largest virtual incubator in India called Aatmanirbhar.Live to contribute to $5-trillion economy
Ola’s COO Arun Srinivas and Senior VP Sanjiv Saddy resign
Ola has recently witnessed the exits of two of its delegates in leadership, Arun Srinivas, the COO and Sanjiv Saddy, Senior VP at Ola.
Marico acquires Ahmedabad-based men’s grooming brand Beardo
Marico, Indian FMCG behemoth today announced that it has acquired Beardo, a men's grooming brand. The acquisition witnessed the exit of VCats.
Bengaluru’s Zetwerk raises $20 Mn funding from Greenoaks & Accel
Zetwerk, a Bengaluru, India-based B2B marketplace that connects buyers and suppliers for manufacturing jobs today announced that it has raised funding
Milkbasket raises $5.5 Mn funding from Inflection Point Ventures
Milkbasket is a dairy and grocery delivery startup that has reportedly raised $5.5 million earlier this week from Inflection Point Ventures.
91springboard raises INR 45 Cr funding from Pearl Brook & Kuwait’s Al Nour
91spingboard today raised INR 45 crore (around $60 million) from California's Pearl Brook Holdings Ltd and Kuwait's Al Nour International Holdings Company.