Browsing: Indian Startups

Helion Ventures cofounder Ashish Gupta, Urban Company founders Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, and Urban Company chief buiness officer Mukund Kulashekaran also participated in the round comprising primary and secondary capital.

Bengaluru-based company offers full-stack carbon removal solutions for clients aiming to achieve net-zero emissions. Its initiatives span agroforestry, regenerative farming, planting mangroves, and biochar projects, reaching more than 60,000 farmers and coastal communities.

Blue Energy Motors raised $30 mn from Nikhil Kamath and Omnitex to expand LNG and EV truck output, boosting capacity to 10,000 units with Essar and FPT as backers

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.

Lubrizol InnoVentures, the innovation arm of global speciality chemicals provider Lubrizol, participated in the round. The funds will be used to scale the firm’s R&D processes, build pilot production facilities, expand its team, and develop go-to-market strategies.

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

The inside story of how India’s VCs left SaaS behind to bet on AI, only at India’s biggest soonicorns summit. The fourth edition of the Summit on August 22 had AI as the focal theme.

The fund intends to invest in pre-seed and seed rounds of 18 to 20 startups that are developing critical technologies locally, a strategy it refers to as creating a sovereign edge. The investments are planned to be deployed over four years, with individual amounts ranging from Rs 7 crore to Rs 10 crore, while reserving 50% of the total capital for follow-on funding.