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Investment Platform Trackk Raises $3.7 Mn To Strengthen Broking Infra

India, May 19 -- Investment and stock broking platform Trackk has secured $3.7 Mn (about Rs.35.7 Cr) in a seed funding round led by Lightspeed, with participation from Info Edge Ventures. Angel inves... Read More


Rapido Raises $240 Mn At $3 Bn Valuation To Expand Footprint

India, May 15 -- Ride-hailing unicorn Rapido has raised $240 Mn (Rs.2,302 Cr) in a fresh funding round led by existing backer Prosus, with participation from WestBridge Capital, Accel, and other undis... Read More


Meet The Startups From 10th Cohort Of Maruti Suzuki's Accelerator Initiative

India, May 13 -- Auto giant Maruti Suzuki has selected six Indian startups for the tenth cohort of its flagship Accelerator Programme. The startups picked for the programme include, GenbaNEXT, Goat R... Read More


Housing Finance Startup Nivasa Finance Raises Rs.25 Cr

India, May 13 -- Housing finance platform Nivasa Finance has secured Rs.25 Cr (about $2.6 Mn) in its seed funding round from Prime Venture Partners, Blume Ventures, Whiteboard Capital, and a group of ... Read More


Electronics Manufacturing Platform Mekr Raises Rs.67 Cr To Fuel R&D

India, May 12 -- Electronics manufacturing platform Mekr has secured Rs.67 Cr (about $7 Mn) in its Series A funding round led by Avaana Capital, with participation from Titan Capital Winners Fund. Me... Read More


3one4 Capital's Fund V In The Works, Eyes $225 Mn Corpus

India, May 11 -- Venture capital (VC) firm 3one4 Capital is gearing up to launch its fifth fund, with a likely target corpus of $225 Mn. Called 3one4 Capital IFSC - Fund V, the fund will look to back... Read More


Jio Platforms IPO To Be Entirely Fresh Issue: Report

India, May 11 -- Reliance Industries Ltd's (RIL) digital arm Jio Platforms is reportedly revamping the contours of its IPO, with the public issue now likely to comprise only a fresh issue as against t... Read More


Pronto Closes Series B Round At $45 Mn, Valuation Jumps To $200 Mn

India, May 7 -- Quick services platform Pronto has closed its Series B funding round at $45 Mn (Rs.425.3 Cr). In its latest second tranche, the startup has secured $20 Mn (Rs.189 Cr) from US-based Phy... Read More


Armory Gets Rs.100 Cr Defence Ministry Order For Counter Drone Systems

India, May 5 -- Defence tech startup Armory has bagged a Rs.100 Cr ($10.5 Mn) order from the defence ministry for its AI-powered counter-unmanned aircraft system (C-UAS), called SURGE. Under the deal... Read More


[Update] Kissht IPO Closes With 9.5X Subscription

India, May 5 -- Update | May 5, 19:38 IST The IPO of Kissht closed with 9.5X oversubscription. The public issue received bids for 37.76 Cr shares against 3.97 Cr shares on offer. QIBs led the subscr... Read More