Browsing: capital raise

Battery circularity company PeakAmp has raised Rs 12 crore (about $1.37 million) in a seed funding round led by Caret Capital, with participation from IIMA Ventures, Basant Sharma and Group, and other investors.

The company is also collaborating with Bharat Electronics on developing high-altitude logistics drones and has partnered with Bhutan’s Druk Holding & Investments group for pilot UAV-based logistics missions to monasteries in remote locations

Home services marketplace Urban Company has allocated shares worth Rs 853.87 crore ($97 million) to anchor investors ahead of its Rs 1,900 crore initial public offering (IPO).

Company has raised $50 million in its expanded Series C funding round with fresh participation from UAE-headquartered CE-Invests, Singapore-based Panthera Growth Partners, and Japan’s SMBC Asia Rising

India’s youngest airline Akasa on tuesday said it has completed funding transaction of about Rs 1,200 crore from new investors including Premji Invest, asset management firm 360 ONeAsset, and investment office of Ranjan Pal.