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GreenCell Mobility Bags Credit Of INR 307 Cr For UP Ebus Project

India, May 7 -- Shared electric mobility startup GreenCell Mobility has bagged green financing of INR 307 Cr (around $36.7 Mn) from Sumitomo Mitsui Banking Corporation (SMBC) for its electric bus proj... Read More


Agritech Startup Cornext Nets $2.2 Mn To Boost Its Silage Production

India, May 7 -- Agritech startup Cornext has raised $2.2 Mn (around INR 18.3 Cr) in a seed funding round from Omnivore. The Hyderabad-based startup will use the fresh capital to grow its yearly silag... Read More


Fruit Supply Startup Superplum Bags $15 Mn In Series A Round

India, May 6 -- Noida-based fruit supply startup Superplum has reportedly secured $15 Mn (around INR 125 Cr) in a Series A round led by Erik Ragatz, the former partner of private equity firm Hellman &... Read More


Agritech Startup Poshn Bags $4 Mn To Streamline Supply Chain

India, May 6 -- Agritech startup Poshn has raised $4 Mn (around INR 33.3 Cr) in equity and $2 Mn in debt in a pre-Series A funding round co-led by Prime Venture Partners and Zephyr Peacock India. The... Read More


Asian Development Bank Open To Financing India's Space Sector: VP Bhargav Dasgupta

India, May 4 -- The Asian Development Bank is open to funding India's space sector, besides focusing on climate financing to reduce associated risks, its vice president Bhargav Dasgupta said. ADB has... Read More


Govt Seeks Suggestions For Tapping Electronics Makers To Design More In India

India, May 3 -- The government has started reaching out to companies and industry groups for suggestions in formulating policies which will encourage electronics manufacturers, like Apple to start des... Read More


D2C Men's Clothing Brand DaMENSCH Raises INR 22 Cr From Existing Investors

India, May 2 -- Bengaluru-based D2C menswear brand DaMENSCH has raised INR 21.62 Cr (about $2.5 Mn) in an extended Series B round from its existing investors Matrix Partners, Saama Capital, Whiteboard... Read More


Infinity Fincorp Nets Additional $8 Mn To Boost Credit Accessibility For Micro Entrepreneurs

India, May 2 -- Mumbai-based Infinity Fincorp Solutions, a non-banking financial company, has secured an additional $8 Mn (around INR 66.7 Cr) funding from Archerman Capital. The round is an extensio... Read More


Amid Cash Crunch, BYJU'S Links Sales Staff Salaries To Weekly Revenues

India, May 2 -- Amid severe cash crunch, embattled edtech major BYJU'S has implemented a policy linking the salaries of its sales staff to weekly revenue. This comes days after the company cleared pa... Read More


Aviral Bhatnagar Quits VC Firm Venture Highway

India, April 30 -- Aviral Bhatnagar, who was leading investments in SaaS, consumer and AI sectors at Venture Highway, has quit the VC firm. Bhatnagar was also instrumental in managing and building th... Read More