Monday, March 27, 2023
Outlook India
Outlook Business


Since its inception in 2019, Urvu Labs has raised $4 million in funding

The company had last raised $250 million from existing investors and Qatar Investment Authority

The company is in preliminary discussions with sovereign wealth funds and energy transition funds

The fresh capital will be used to ramp up product innovation, enhance the technology stack and scale user acquisition efforts

The company has secured $1.2 million in a pre-series fundraising round headed by AHK Ventures, an early-stage venture capital firm.

Prior to this, Giva bagged an undisclosed amount in its Series B round last year

Recently, Probus launched a new product for the solar sector to monitor the production efficiency of solar modules in the central inverter solar plans through wireless sensors

Prior to this, the company secured an undisclosed investment from direct-to-consumer (D2C) investors like Puneet Sehgal (former chief operating officer of Hopscotch), Soumya Kant (co-founder of Clovia), Deep Bajaj and Mohit Bajaj (co-founders of Sirona...

NoBroker wants to utilise the fund to expand its services to more customers across the present and new cities

The venture capital firm has backed multiple unicorns including Delhivery, Rapido, Zepto, Postman, Druva and Hansura since its inception in 2006