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Solar Financing Startup Aerem Bags INR 100 Cr

India, April 4 -- Aerem, which offers financing for solar projects, has secured INR 100 Cr (around $12 Mn) in a Series A funding round led by Japan's University of Tokyo Edge Capital Partners. The ro... Read More


Relief For Zomato As NCLT Dismisses Insolvency Plea Over Alleged Unpaid Dues

India, April 3 -- In a relief to Zomato, the National Company Law Tribunal (NCLT) has reportedly dismissed an insolvency plea filed against the foodtech major by B2B manufacturer Nona Lifestyle over a... Read More


Scapia Nets $40 Mn From Peak XV, Others To Expand Travel Offerings

India, April 3 -- Former Flipkart executives' travel fintech startup Scapia has secured $40 Mn (around INR 342 Cr) in a Series B funding round led by Peak XV Partners, along with participation from ex... Read More


Reliance Signs JV With BLAST To Enter Esports Business

India, April 2 -- Reliance-owned sports tech platform RISE Worldwide has formed a joint venture (JV) with Europe-based BLAST to co-create esports tournaments for Indian users. In an exchange filing, ... Read More


Beams Fintech Fund Joins Infinity Fincorp's Captable

India, April 2 -- Mumbai-based non-banking financial company (NBFC) Infinity Fincorp Solutions has onboarded Beams Fintech Fund to its captable as a part of its $40 Mn (around INR 342 Cr) extended Ser... Read More


DeCharge Nets $2.5 Mn To Expand Its EV Charging Network

India, April 1 -- Blockchain-powered EV charging solutions startup DeCharge has raised $2.5 Mn (INR 21.4 Cr) in its seed funding round led by early stage crypto investment firm Lemniscap. The round a... Read More


Mayank Kumar's BorderPlus Marks Maiden Acquisition With German Firm

India, April 1 -- Days after securing its first funding, upGrad cofounder Mayank Kumar's talent mobility startup BorderPlus has now acquired German healthcare recruitment firm Onea Care, marking its m... Read More


Cornerstone Ventures To Close $200 Mn Second Fund By 2025-End

India, March 29 -- Mumbai-based VC firm Cornerstone Ventures is planning to mark the final close of its $200 Mn (around INR 1,700 Cr) second fund by December this year. The VC firm launched the secon... Read More


Cornerstone Ventures To Close $200 Mn Second Fund By End Of 2025

India, March 29 -- Mumbai-based VC firm Cornerstone Ventures is planning to mark the final close of its $200 Mn (around INR 1,700 Cr) second fund by December this year. The VC firm launched the secon... Read More


WazirX Hack: Consumer Commission Dismisses Investors' Complaint

India, March 28 -- The National Consumer Disputes Redressal Commission (NCDRC) declined to entertain a plea of a group of investors of WazirX who claim to have suffered losses due to the $234 Mn crypt... Read More