Funding
Go Digit Reports Mixed Financial Performance
Go Digit General Insurance has announced its financial results for the first quarter of the fiscal year 2025. The company’s net premium income, a key indicator of performance, experienced a… Continue reading Go Digit Reports Mixed Financial Performance
Ather Energy Secures Additional Debt Funding
Ather Energy, a prominent electric scooter manufacturer, has successfully secured an additional debt investment of Rs 60 crore (over $7 million) from Stride Ventures, acting through its trustee Vistra ITCL.… Continue reading Ather Energy Secures Additional Debt Funding
Covrzy Secures Regulatory Nod to Disrupt Insurance Market
Bengaluru-based insurtech pioneer, Covrzy, has achieved a significant milestone by securing a direct broking license from the Insurance Regulatory and Development Authority of India (IRDAI). This authorization empowers Covrzy to… Continue reading Covrzy Secures Regulatory Nod to Disrupt Insurance Market
Nasher Miles Secures Funding for Expansion Drive
Nasher Miles, a trailblazing digital-first luggage brand, has successfully secured $4 million in bridge funding to propel its journey towards Series A. This investment round was led by Singularity Early… Continue reading Nasher Miles Secures Funding for Expansion Drive
Yubi Expands Employee Stock Option Pool
Yubi, a prominent fintech platform specializing in business lending, has announced an expansion of its employee stock option (ESOP) plans. The company’s board of directors has approved the addition of… Continue reading Yubi Expands Employee Stock Option Pool
Neo Secures Fresh Capital for Expansion
Neo, a prominent wealth and asset management firm headquartered in Mumbai, has successfully secured Rs 32 crore (approximately $4 million) through a private placement round. This marks the company’s initial… Continue reading Neo Secures Fresh Capital for Expansion
Unimech Aerospace Secures 250Cr in Funding
Bengaluru-based Unimech Aerospace has effectively gathered Rs 250 crore ($30 million) in a confidential position round, denoting its debut financing since its foundation in 2016. The speculation, got from Steadview… Continue reading Unimech Aerospace Secures 250Cr in Funding
Pneucons Secures Pre-Series Funding Led by Social Media Buzz
Pneucons, a pioneering B2B industrial marketplace, has successfully concluded its pre-series funding round, marked by an unusual funding source: social media engagement. The round also witnessed participation from Tarun Mehta,… Continue reading Pneucons Secures Pre-Series Funding Led by Social Media Buzz
Angel Tax Abolished: Boost for Indian Startups
In a move designed to stimulate investment in India’s burgeoning startup scene, Finance Minister Nirmala Sitharaman announced the elimination of the angel tax for all investor categories. The angel tax,… Continue reading Angel Tax Abolished: Boost for Indian Startups
Auxilo Secures Rs 100 Crore in Debt Financing
Auxilo, a noticeable non-banking monetary partnership (NBFC) spend significant time in schooling supporting, has effectively gotten Rs 100 crore (roughly $12 million) through an obligation funding round. The organization gave… Continue reading Auxilo Secures Rs 100 Crore in Debt Financing
