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Enterprise Tech Startup SpotDraft Nets $8 Mn From Qualcomm Ventures

India, Jan. 27 -- AI-driven enterprise tech startup SpotDraft has secured $8 Mn (about INR 73.4 Cr) from Qualcomm Ventures in its Series B extension round. The startup plans to deploy the fresh funds... Read More


Navam Capital Marks Final Close Of Maiden Fund At INR 315 Cr

India, Jan. 27 -- Ather Energy-backer Navam Capital has marked the final close of its maiden alternative investment fund (AIF), Navam Venture Fund I, at INR 315 Cr (about $34.3 Mn) to back Indian deep... Read More


Micron To Start Commercial Chip Production By February End: Ashwini Vaishnaw

India, Jan. 23 -- US-based chipmaker Micron Technology is set to commence the commercial production of semiconductors from its Indian facility by the end of February, as per IT minister Ashwini Vaishn... Read More


Dhun Wellness Secures $4 Mn To Fuel Geographic Expansion, Strengthen Offerings

India, Jan. 23 -- Mira Kapoor-led urban wellness startup Dhun Wellness has raised $4 Mn (INR 36.6 Cr) in a fresh funding round from SRF Ltd and Havells India. The round also saw participation from a ... Read More


PhonePe Files Updated DRHP For OFS-Only IPO

India, Jan. 22 -- Walmart-backed fintech giant PhonePe has filed the updated draft red herring prospectus (UDRHP) with SEBI for its IPO, which will comprise only an offer for sale (OFS). The Bengalur... Read More


EV Startup Chargeup Raises INR 22 Cr To Fuel Expansion

India, Jan. 22 -- EV startup Chargeup, which offers battery-as-a-service solutions (BaaS), has raised INR 22 Cr ($2.4 Mn) in a fresh funding round led by IAN Group, with participation from Capital A a... Read More


360 ONE Asset Launches INR 1,500 Cr Fund For Defence Tech, Spacetech Investments

India, Jan. 22 -- In a bid to broaden its investment portfolio, 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has now launched a multi-stage defence tech and spacetech early stage VC fund. ... Read More


Amagi Makes Muted Debut On Bourses, Shares List At 12% Discount

India, Jan. 21 -- Media SaaS major Amagi's shares made an underwhelming debut on the stock exchanges today. The company's shares got listed at INR 317 apiece on the BSE, a 12.2% discount to the issue ... Read More


[Update] Amagi Shares End First Trading Session 4% Below Issue Price

India, Jan. 21 -- Update | January 21, 18:05 IST Shares of Amagi recovered after a muted listing and ended the first trading session 3.6% below the issue price at INR 348 on the BSE. This was almost ... Read More


Arkahub Secures $2 Mn To Scale Residential Solar Power Solutions

India, Jan. 21 -- Rooftop solar solutions provider Arkahub has secured $2 Mn (INR 18.3 Cr) in a seed funding round led by Kae Capital, with participation from Sparrow Capital and Antler to accelerate ... Read More