Neuron Energy, an electric vehicle battery company based in India’s financial capital, Mumbai, is the latest EV battery industry start up to have garnered Rs 20 crore in freshly brewed Series A capital. That is the second relatively large funding round announced by the company in under a year. Neuron Energy is an old company…
Telehealth Startup based in New Delhi Visit Health, as received a mammoth funding of $30 million. The money will be available to turbocharge its expansion and deepen the relationship with wellness platform TatvaCare. This is not the first time Visit Health is venturing into a market. This, the firm that provides customizable wellness and other…
San Francisco based staffing giant Instawork has made a big move to expand its presence globally. It acquired Bengaluru based Able Jobs to enter the Indian tech space. Or another way to look at it is Instawork is going all in on the flexible workforce space. Able Jobs, backed by Elevation Capital and Y Combinator,…
Fasal, which was once the brightest star in the farmtech cluster, has been reduced to shooting star that is plummeting down. The startup, which had claimed it would change agriculture forever using a blend of AI, IoT and crop science is now just a fruit vendor. With funds worth $18 million including an injection of…
Delhivery, a logistics startup based in Gurugram, has left industry experts in awe as it did more than just break even and actually recorded a profit of INR 54.35 crore during the first quarter of FY2025, which is a significant difference from its INR 89.48 crore loss in the same period last year. The freight…
Country Delight, the dairy sweetheart, comes back to public view with an additional Rs 70 Crore injection of debt from loyal investor Alteria Capital. This is also the second instance this year that Alteria has backed its Gurugram-based start-up meaningfully demonstrating belief in the growth progress envisioned. Country Delight, best known for delivering farm-fresh milk…
MUMBAI India’s largest cement maker UltraTech Cement has agreed to buy a 32.72 percent stake in debt-laden rival Bharat Cements. M-cap per share Rs 390. Last June 2024, UltraTech had acquired a 22.77 per cent share from investor Radhakishan Damani paying Rs1,889 crore for the stake. The open offer in the UltraTech plan will also…
Ola Electric is all set to launch its first electric vehicle (EV) in India in the month of August. The company plans to raise Rs 5,500 crore through the IPO. Some of this money will be raised by issuing new shares and the rest will be sold by existing shareholders. The IPO has been approved…
Business advisory firm Riveron, backed by Kohlberg & Co, has acquired a startup Yantra, establishing itself as a top NetSuite Alliance partner. The move integrates Yantra’s state-of-the-art AI, data science and automation capabilities and increases Riveron’s global team size to more than 1,000. “Yantra’s startup agility enhances our ability to deliver technology solutions that fuel…
Leap Finance, a fin-tech startup which helps Indian students to pursue education abroad, is looking to raise $70-100 million in its Series E round. This round is happening almost after two-years since its last Series D round happened. The company has attracted the interest of many investors and with this funding, it is preparing to…
