CASEOLOGY

Wealthtech startup Stable Money has raised Rs 123 crore ($15 million) in a fresh funding round from RTP Capital, Lightspeed India and Matrix Partners. It has completed the second funding round within a year despite a challenging funding environment. The board approved the issuance of 77,135 CCPS at a price of Rs 16,019 per share….

Ather energy has decided to expand in its second international market SRILANKA , after nepal . Ather Energy, the Bangalore-based electric scooter company will open its first experience center in partnership with Evolution Auto Pvt. Ltd.  This being a joint venture between Sensei Capital Partners (Atman Group) and Sino Lanka Private Limited. Previously Ather launched…

HCLSoftware, the software division of HCLTech, is bolstering its data analytics portfolio with the acquisition of French company Zeenea. The deal is worth €24m and is expected to close in September 2024. Zeenea is an intelligent data discovery company and has a platform for metadata management, data cataloging, lineage, governance and compliance. HCLSoftware will combine…

“In the last 10 years across all geographies, India has been the best in terms of returns,” said Vishesh Shrivastav, managing director (India), Temasek, in an interview with Mint on Monday. Temasek did not disclose its total mark-to-market exposure to India in previous years as this is a new metric that the firm is tracking….

Blue Tokai, a specialty coffee and bakery brand, has increased its momentum thanks to the $35 million Series C funding round spearheaded by global investment platform Verlinvest. Other participants in the financing included existing investors Anicut Capital and A91 Partners. The additional funds will help Blue Tokai consolidate its share in the existing metropolitan markets…

Starting up Livpure – the biggest player on Indian water purification market has received $24 million from both M& G Investments and Ncubate Capital Partners as part of its funding plan. The amount will go into use by this particular firm preparing for three various types of advancements which include: extending current product lines; improving…

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…

Flipkart-backed logistics company BlackBuck is planning to go public. The company filed its draft red herring prospectus (DRHP) with SEBI, the Indian market regulator. Logistics startup BlackBuck, backed by Flipkart, has filed its draft IPO papers with SEBI. The company aims to raise $300 million through a mix of new share issuance and existing shareholder…