Tuesday, July 23, 2024
Outlook India
Outlook Business

Latest Startup Funding News

Valecha Investments led the round with an investment of Rs 36.36 crore, followed by Gul Advani, who contributed Rs 28.26 crore.

ReFit Global plans to utilise the investments to scale operations, broaden market outreach, and fortify the company's technological infrastructure.

The company will utilise the funds to bolster its direct-to-consumer (D2C) play, expand reach via e-commerce channels, and expand its product portfolio.

The home-grown browsing platform competes with the renowned giants of the internet world such as Microsoft, Google Chrome, and Apple Safari.

The company develops and manufactures high-value critical care medical equipment, including ICU Ventilators, Patient Monitors, and more.

Founded by DD Verma, a senior dairy technologist from National Dairy Research Institute, the company has a strong present in over 40 cities and towns in North India.

PocketATM uses idle cash liquidity at Kirana stores and allows customers to withdraw cash from Kirana stores using a QR code.

PlanckDOT said that the freshly raised funding will be utilised for research, marketing, and team-building initiatives.

Global M&A and PE activities in 2023 faced a substantial decline due to factors like rising interest rates, geopolitical conflicts, and economic concerns. Indian transactions saw a shift towards smaller, profitability-focused deals. However, the deal climate...

U GRO Capital secured funding, following the Rs 340 crore ($41.3 million) raised from Denmark government’s development financial institution and long-term shareholders a few months ago