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startup funding

Bangalore-based peer to peer (P2P) lending platform Finzy on Monday announced raising funds worth USD 2.3 million in Pre-Series A round, including USD 1.3 million raised in the first tranche in March 2018. This funding round has been funded by senior professionals from BFSI industry and successful entrepreneurs. The startup...

Hyderabad based Cygni Energy Private Limited; an innovative Solar-DC solutions startup announced that it has raised funds of $ 6.4 Million through a combination of Equity and Debt. The equity funding is led by Endiya Partners, a leading early-stage venture capital firm that invests in product startups and the...

South Korean automobile manufacturer Hyundai today announced that it has made an strategic investment and partnership with Gurgaon-based Revv, a self-drive car sharing company to develop an innovative car sharing service and conduct creative marketing activities in India. The financial details of the deal and the percentage of stakes...

Ahmedabad-based Enakshi, an online apparel brand for women has closed their first round of seed fund of 80 lakhs from an undisclosed private investor. The brand is also in talks with a clutch of other investors to secure a total funding of $1 million over the next two years...

US and India-based Observe.AI, which is building a Voice AI platform for call centers, has raised $8 million in a funding round led by Nexus Venture Partners with participation from MGV, Liquid 2 Ventures, Hack VC and existing investors Emergent Ventures and Y Combinator. Observe.AI also announced its agent-first...

World Bank's investment arm International Finance corporation (IFC) is in advanced talks to invest around $21 million (₹138 crore) in Mumbai-based LEAP India, a supply chain solutions startup, to fund the startup's capital expenditure plans for the next five years. According to an IFC disclosure, the presence of IFC as...

Bengaluru-based electric vehicle (EV) startup, Ultraviolette Automotive Pvt Ltd, which is currently building an electric motorcycle, has announced that the company has received an additional investment of ₹6 crore from TVS Motor Company. The investment is part of the Series A funding from TVS to Ultraviolette. The additional investment...

Chennai-based Inthree Access, a rural area-focussed marketing, retailing and distribution firm, has raised $4 million in a Series A funding led by Ventureast, which also saw participation from Orios Venture Partners and the IAN Fund. The startup will use the freshly raised capital to strengthen its technology backbone, enhance...

Bangalore-based digital consumer lending startup HappyEMI today announced it has secured USD 1 million (₹7 crores) from AJ Ventures, JAN and Anand Sankeshwar, Managing Director of VRL Logistics. The funding will be used to further broaden the reach of consumer digital loans at point-of-sale across new geographies as well...

Bangalore-based Bluebear Technology, which owns & operates a student education financing platform, Propelld, has has raised $250,000 in seed funding from Indian Angel Network and IAN Fund, led by IAN members Ambarish Raghuvanshi, former CFO at Naukri, Alok Sharma former CEO of Apple India and Satish Jajodia former CEO...