News
(Weekly funding roundup June 6-12) Steady rise in VC inflow into Indian startups
6+ hour, 1+ min ago (333+ words) Venture capital funding into Indian startups has moved into a steady upward zone. For three weeks in a row, the inflow of funding has increased, providing a certain level of confidence to the ecosystem. Total funding for the week was…...
Rekise Marine raises $9. 7 M in seed round led by Accel and Nikhil Kamath
10+ hour, 23+ min ago (173+ words) Rekise Marine, the Bengaluru headquartered marine robotics startup has raised $9. 7 million in a seed round of funding led by Accel and NKSquared, the investment firm of Zerodha co-founder Nikhil Kamath. This funding round also included participation from Sameer Brij Verma…...
Aum Ventures launches second fund with target corpus of Rs 750 Cr
10+ hour, 51+ min ago (269+ words) Early-stage venture capital firm Aum Ventures has launched its second fund with a target corpus of Rs 750 crore as it looks to continue backing deeptech and IP-led startups in the country. The new fund will primarily invest at the pre-seed…...
K'taka govt approves 4 initiatives worth over Rs 27 Cr to boost startups, deeptech
12+ hour, 13+ min ago (375+ words) The Karnataka government has approved four strategic initiatives worth over Rs 27 crore, aimed at accelerating startup growth, fostering industry- academia collaboration, advancing biotechnology infrastructure, and promoting indigenous deep-tech innovation, Minister for IT & BT Priyank Kharge said. These initiatives will further…...
Deeptech startup Ethereal Machines raises $28. 5 M led by Avataar Ventures
1+ day, 13+ hour ago (379+ words) Ethereal Machines, the Bengaluru-headquartered deeptech startup operating in the precision manufacturing space, has raised $28. 5 million in a Series B funding round led by Avataar Ventures, with participation from Peak XV Partners and other investors. The company plans to use the…...
Biodimension secures Rs 8 Cr from IAN Angel Fund, others
1+ day, 11+ hour ago (195+ words) Dailyhunt Biodimension secures Rs 8 Cr from IAN Angel Fund, others Bengaluru-based life sciences startup Biodimension has raised Rs 8 crore in a funding round led by IAN Angel Fund. Existing investor Campus Angels Network, Dr. Sampath Srisailam, and angel investor Aaryan…...
Ex-Mirae Asset CEO Ashish Dave Floats "1, 000 Cr Fund For Growth Stage Startups
3+ day, 11+ hour ago (356+ words) Nearly a year after stepping down from the role of the CEO of Mirae Asset Venture Investments (India), Ashish Dave has launched his own venture capital firm to back growth-stage startups. Called Sanskrit Capital, the Mumbai-based firm is targeting a…...
Home-services platform Pronto raises $25 M in Series B funding
3+ mon, 1+ week ago (470+ words) Home-services platform Pronto has raised $25 million in a Series B funding round led by Epiq Capital. . Existing investors Glade Brook Capital, General Catalyst, and Bain Capital Ventures also participated in the round. The startup plans to use the capital to…...
Kiran Mazumdar-Shaw's Immuneel Therapeutics raises Rs 100 Cr in Series B funding
4+ day, 12+ hour ago (194+ words) Immuneel Therapeutics, an integrated cell and gene therapy platform founded by Biocon founder Kiran Mazumdar-Shaw, has raised over Rs 100 crore in a Series B round of funding with participation from Singularity AMC, Rainmatter by Zerodha, and high networth individuals. This…...
Exclusive: Aadyah Aerospace raises fresh funds in Series A round
1+ week, 15+ hour ago (316+ words) Aerospace and defense tech startup Aadyah Aerospace has raised Rs 31. 5 crore or $3. 3 million in a Series A funding round led by Helios Holdings with the participation from angel investor Meenu Sharma. The board at Aadyah Aerospace's has approved the issuance…...