funding

Mayank Kumar Resigns as Upgrad’s MD Amid Upcoming $50-60M Funding Round

In a major leadership shift, Mayank Kumar, co-founder and Managing Director of Upgrad, has announced his resignation as the company gears up for a critical $50-60 million funding round. Kumar’s departure, after nearly a decade of steering the edtech platform, comes at...

India’s Fintech Sector Raises $778 Million in Q3—Rides on UPI, Government Support

India's fintech sector has emerged as a global leader in the third quarter of 2024, securing $778 million in funding, according to a report by market intelligence platform Tracxn. This surge in capital positions India as the second-highest fintech...

Purplle Raises ₹1,500 Crore to Fuel Growth and Dominate Beauty Market

In a massive development for the Indian beauty and personal care industry, online beauty store Purplle has raised ₹1,500 crore in a clean funding round. This spherical noticed present investors Blume Ventures and Premji Invest doubling down on their...

Sistema.bio Secures $15 Million in Funding to Drive Global Expansion of Biogas Technology

Sistema.bio, a pioneering biogas technology company, has successfully raised $15 million in a funding round led by ElectriFI, managed by EDFI Management Company. The round also saw participation from existing investors, including Chroma Impact Investment, KawiSafi Ventures, and AXA...

Bumtum raises INR 122 crore in funding from Pantomath Capital

India-based direct-to-consumer (D2C) babycare brand Bumtum has successfully raised INR 122 crore in a funding round led by Pantomath Capital. This financial boost will enable the startup to expand its manufacturing unit and enhance its presence in both general...

Urja Mobility Secures INR 100 Cr in Debt and Equity Funding to Scale EV Battery Leasing Operations

Urja Mobility, an emerging player in the electric vehicle (EV) battery solutions sector, has raised INR 100 crore in a mix of debt and equity to fuel its expansion in India’s rapidly growing EV ecosystem. The funds will be...

Stage Seeks $7-9 Million Funding to Expand Regional OTT Services

Stage, an OTT platform dubbed the “Netflix for Bharat,” is in advanced talks to raise between $7 million and $9 million (approximately ₹56-72 crore) in its largest funding round to date. The platform, known for its regional content and...

DeHaat Approaches Unicorn Status After Raising $100 Million in Series E Funding

Patna-based agritech startup DeHaat is in advanced discussions to raise $100 million in a Series E funding round, potentially pushing its valuation past $1 billion, making it India’s first agritech unicorn. Currently valued at $900 million, DeHaat is poised...

Mstack Secures $40M to Scale Specialty Chemical Manufacturing

Mstack, a startup specializing in cross-border chemical manufacturing, has raised $40 million (₹335 crore) in a Series A funding round. The round was co-led by Lightspeed and Alphawave, with debt financing provided by HSBC Innovation Banking. The fresh capital...

ClayCo Secures $2M Series A Funding, Plans Major Expansion

ClayCo Cosmetics, an emerging skincare brand founded by Niharika Jhunjhunwala in March 2024, has successfully raised $2 million in its Series A funding round, led by Unilever Ventures. This marks the first external investment for the brand and highlights...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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