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.
Bollywood Meets Wellness: Ranveer Singh Becomes Co-Owner of Bold Care
The sexual wellness space in India has seen several developments, including new players entering the market and acquisitions expanding existing companies’ portfolios. The market is projected to grow significantly, with an estimated size of $2.09 billion by 2030.
Startup India’s Triumph: Empowering 1.16 Lakh Ventures in 8 Years
The Startup India initiative, launched in 2016, has marked a significant achievement in the Indian entrepreneurial landscape by recognizing nearly 1.16 lakh startups as of October 2023.
Indian Startup BatX Energies Secures $5M for Sustainable Battery Recycling
The company boasts an impressive 99.95% purity in extracting lithium, nickel, and cobalt through this innovative hydro-electro process, aligning with global sustainability goals and supporting India’s aim for Net-Zero emissions by 2070.
Fasal’s Rs 100 Crore Raise: A New Era for Sustainable Farming
Fasal, an innovative player in the agritech sector, has recently achieved a significant milestone by raising Rs 100 crore in a Series A funding round.
Sowing Seeds of Innovation: India’s Rs 106.25 Crore Boost to Agri-Startups
This initiative, spearheaded by the Ministry of Agriculture, aligns with the broader vision of the Rashtriya Krishi Vikas Yojana (RKVY) and its dedicated program, “Innovation and Agri-Entrepreneurship Development,” which began in the 2018-19 fiscal year.
Razorpay, Cashfree Resume Operations with RBI’s Payment Aggregator License
The Reserve Bank of India’s (RBI) approval for Razorpay and Cashfree to operate as payment aggregators is a significant development in India’s financial technology sector.
Genesys International’s Groundbreaking Journey in Creating India’s Advanced Map Stack
Genesys International, a prominent Indian mapping company, has embarked on a transformative journey to propel the development of India’s first comprehensive map stack.
Garuda Aerospace: Charting a New Course with Upcoming IPO
This follows the trend of other drone companies that have recently had successful IPOs. Garuda Aerospace is supported by high-profile backers, including former Indian cricket captain Mahendra Singh Dhoni.