India’s Gas Landscape Set for Transformation: IGX Introduces Small-Scale LNG
The new offering, pending approval from the Petroleum and Natural Gas Regulatory Board (PNGRB), is poised to benefit areas in India not yet connected by natural gas pipelines, offering a viable alternative for increasing natural gas consumption.
Gurugram’s SenseAI Ventures Introduces Rs 200 Crore Fund for AI Pioneers
The fund, with a corpus of Rs 200 crore (approximately $25 million), is specifically designed to support the AI startup ecosystem in India. The primary focus of the fund will be on investing in 18-20 AI-first startups, targeting those in the seed and pre-Series A stages.
Ashv Finance Secures $10 Million from Encourage Capital for Rooftop Solar MSME Projects
Ashv Finance, part of the Aavishkaar Group, has recently secured a significant investment of $10 million from Encourage Capital. This funding is earmarked for a pivotal venture in the micro, small, and medium enterprise (MSME) sector in India
IppoPay and Visa Unite to Revolutionize Credit Solutions for Small Businesses
IppoPay, a fintech startup specializing in payment infrastructure for small businesses, has recently announced a significant partnership with Visa. This collaboration is aimed at introducing a new line of credit cards specifically designed for small businesses.
Rs 291 Crore Investment: TDF’s Game-Changing Projects in Defense
Managed by the Defence Research and Development Organization (DRDO) as part of the “Make in India” initiative, the TDF has sanctioned 70 projects to various industries, amounting to a total investment of Rs 291.25 crore.
Redrob Revolutionizes Recruitment with $4M Funding and AI-Powered Skill Tests
Redrob, a global recruitment platform, has recently made headlines by securing $4 million in seed funding from Murex Partners and DS & Partners.
Empowering Small Businesses: Meta’s New Venture with ONDC
The partnership between Meta and the Open Network for Digital Commerce (ONDC) represents a significant collaboration aimed at empowering small businesses in India.
Revolutionizing Rural Insurance: Finhaat Raises $3 Million
Insurance startup Finhaat has recently raised $3 million in seed funding, a significant step forward in their mission to revolutionize the insurance landscape, especially for underserved communities in India.
BluSmart’s $24M Funding: A New Era for Electric Taxis
BluSmart’s latest fundraising round follows a previous round in May, where the company secured $42 million. The company’s total fundraising now exceeds $133 million, including an $85 million Series A round conducted in multiple tranches.
Microfinance Giant Satin Creditcare Raises Rs 250 Crore Through QIP
Satin Creditcare is present in 24 states & union territories and 96,000 villages and caters to the financially under-served community. It offers a bouquet of financial products in the non‐MFI segment, comprising loans to MSMEs, affordable housing loans, and business correspondent services.