Page 24 – Startup Updates

EvolutionX Debt Capital Invests Rs 200 Crore in Lendingkart, Fueling Fintech Growth in India

EvolutionX Debt Capital Injects Rs 200 Crore into Lendingkart, Boosting Fintech Growth in India

Lendingkart, a prominent fintech startup in India, has secured a substantial Rs 200 crore in long-term debt funding from EvolutionX Debt Capital, a renowned financing platform. This significant investment marks…

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Scapia Raises $9M in Seed Funding to Revolutionize Travel Rewards and Credit Cards

Scapia, a credit card and travel rewards platform, has secured $9 million in a seed funding round led by Matrix Partners India, with participation from Tanglin Venture Partners and Binny…

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IdeaForge, a Prominent Drone Manufacturer, Raises ₹255 Crore from Anchor Investors Ahead of IPO

Mumbai, June 24, 2023 - In a major development, ideaForge, a leading drone manufacturing startup, has secured a substantial funding of ₹255 crore or $31 million from anchor investors. This…

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Golden Sparrow Unveils India-Focused VC Fund to Support SaaS and AI Startups

In a strategic move to tap into India's burgeoning startup ecosystem, Golden Sparrow, a micro venture capital firm based in the United States, has announced the launch of a dedicated…

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Investor Anupam Mittal Refutes Allegations Against Shark Tank India, Calls for Evidence-Based Evaluation

Renowned investor Anupam Mittal has issued a comprehensive statement addressing the ongoing controversies surrounding the popular reality show, Shark Tank India. Mittal unequivocally refuted the allegations, branding them as baseless…

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Space Tech Startup Digantara Raises $10 Million to Revolutionize Space Debris Tracking and Situational Awareness

Bengaluru-based space technology startup Digantara has secured an impressive $10 million in a Series A1 funding round, led by Peak XV Partners (formerly known as Sequoia Capital India) and Kalaari…

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Meta Launches $250K Fund to Empower Indian XR Startups and Developers

Meta, the social media giant, has made a significant announcement on Wednesday, June 28, unveiling a $250,000 fund aimed at supporting Indian startups and developers involved in the field of…

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Healthtech Startup WatchYourHealth Secures $2.2 Million in Funding from Conquest Global Ventures, Aiming for Global Expansion

WatchYourHealth (WYH), a healthtech startup specializing in customer engagement services, has successfully raised $2.2 million in funding from Conquest Global Ventures. The investment injection is intended to propel innovation, facilitate…

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Micron’s $825M Investment Supercharges India’s Semiconductor Ambitions in Gujarat Chip Facility

In a major move that highlights India's growing prominence in the semiconductor industry, Micron Technology, the renowned American chip maker, has announced a substantial investment of up to $825 million…

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French Crown Secures INR 8.6 Crore Investment from Velocity.in to Drive Innovation in Fast-Fashion

French Crown, a prominent fast-fashion brand, has successfully raised INR 8.6 crore through multiple tranches of funding from Velocity.in, a leading revenue-based financier in India. The infusion of funds is…