Browsing: funding

Industrial 47, Antler, AC Ventures, Dexter Ventures, and several angel investors participated in the round. This comes at a time of heightened interest in indigenous defence manufacturing and AI-powered security systems, as India looks to reduce import dependence and strengthen domestic capabilities.

Industrial 47, Antler, AC Ventures, Dexter Ventures, and several angel investors participated in the round. This comes at a time of heightened interest in indigenous defence manufacturing and AI-powered security systems, as India looks to reduce import dependence and strengthen domestic capabilities.

The deal, led by Andreessen Horowitz, with participation from Conviction Partners (founded by ex-Greylock investor Sarah Guo), is among the largest-ever seed rounds in Silicon Valley’s history – underlining the investor frenzy surrounding AI model companies founded by ex-OpenAI leaders.

Renewbuy has secured $10 million in funding from Apis Partners and 360 One amidst its merger with InsuranceDekho. The funds will support business development until the merger receives regulatory approval. Renewbuy, valued at around $324 million after its last funding round, plans to use the capital to expand operations during this interim period.

Mahaveer Finance raised Rs 200 crore in its first venture round led by Elevation Capital. The Chennai-based NBFC plans to expand its loan book, invest in tech, and diversify into products like LAP. With 80+ branches across South India, it targets Rs 5,000 crore in assets and Rs 100 crore monthly disbursals.

The round saw participation from both new and existing investors, including Helios Holdings, the Sharda family office, the Kay family, and others.

Mahaveer Finance raised Rs 200 crore in its first venture round led by Elevation Capital. The Chennai-based NBFC plans to expand its loan book, invest in tech, and diversify into products like LAP. With 80+ branches across South India, it targets Rs 5,000 crore in assets and Rs 100 crore monthly disbursals.

Reflecting on Success: CFO StraTech 2025 – Mumbai Concludes with Transformative Insights into Digital…

Dugar Finance secured a $3 million debt from Symbiotics Investments. This funding aims to boost electric vehicle and rooftop solar financing. The focus is on residential consumers, MSMEs, and housing societies. These are located in tier-2 and tier-3 cities. British International Investment supports the bond. Ramesh Dugar highlights the mission to link financial inclusion with sustainability.

Men’s ethnicwear brand Kisah Apparels has successfully raised Rs 13 crore in its latest funding round, led by Sagar Daryani of Wow Momo. With this fresh capital, the brand is set to enhance its physical retail footprint and direct-to-consumer initiatives.