funding

New Delhi, April 9 – Electric vehicle financing platform Astranova Mobility has raised ₹60 crore in a funding round led by IvyCap Ventures, the company said on Thursday.The round also saw participation from existing investors – Asian Development Bank and Advantedge Founders. It also witnessed...

JAMMU, April 8: Jammu & Kashmir has become the first Union Territory to receive approval from the Ministry of Electronics and IT (MeitY) for establishing a Centre of Excellence in Artificial Intelligence at IIT Jammu.Chief Secretary Atal Dulloo hailed it as a major step towards making J&K a...

Mumbai, April 8 Visa processing platform Atlys announced on Wednesday that the company had completed its first ESOP buyback worth Rs 4 crore.Eligible employees were offered the option to liquidate up to 25 per cent of their vested stock options, Atlys said in a statement."We have always...

New Delhi, April 7 GLAAS, an embedded credit infrastructure platform for MSMEs, announced on Tuesday that Devesh Sachdev has joined the company as Co-founder and Managing Director.He has also invested $5 million in the company, GLAAS said in a statement.Sachdev had previously founded Fusion...

New Delhi, April 7 AI-native operations intelligence platform WorkOnGrid has raised ₹22.5 crore in a funding round led by Transition VC, with participation from Indian Angel Network (IAN).With this, WorkOnGrid has raised a total of ₹28.5 crore in funding to date.The fresh capital will be...

Sambalpur, April 4 Odisha Governor Hari Babu Kambhampati on Saturday urged the graduating students of the Indian Institute of Management-Sambalpur to become job creators rather than job seekers, highlighting the growing opportunities in entrepreneurship and innovation in India.Kambhampati was...

New Delhi, April 1 Mahagun Group, a real estate firm, has raised ₹225 crore from CSL Finance Ltd to complete its ongoing projects.In a statement on Wednesday, the company announced that it had secured ₹225 crore in funding from CSL Finance. This will strengthen the company's financial position...

Jammu, March 31 Jammu and Kashmir Chief Secretary Atal Dulloo said on Tuesday that an amount of Rs 3,340 crore is being utilized to strengthen disaster preparedness across the Union Territory.Chairing a high-level review meeting to assess the roadmap and ongoing initiatives aimed at...

New Delhi, March 31 The Indian voice-based AI startup, Gnani.ai, has raised USD 10 million in the first tranche of its ongoing funding round, led by Aavishkaar Capital, the company said on Tuesday.The company plans to use the fresh capital to accelerate Gnani.ai's global expansion, enhance its...

New Delhi, March 31 Fintech firm Bachatt has raised USD 12 million, approximately Rs 113 crore, in a funding round led by venture capital firm Accel, the company said on Tuesday.The round also saw participation from existing investors, Lightspeed and InfoEdge Ventures.“Bachatt, an AI-led...

Jaipur, March 31 – Continuing his criticism of the BJP government in Rajasthan, senior Congress leader and former Chief Minister Ashok Gehlot targeted the Chief Minister Bhajan Lal Sharma-led administration on Tuesday for suspending the construction of a guest house at the Rajasthan...

March 30, Kohima: The Central Government has allocated ₹3,880 crore to Nagaland under the 'Pride of Hills: Special Development Assistance for the Hill States' scheme for the financial year 2026-27.This initiative, part of the Special Assistance to States for Capital Investment (SASCI), has a...

Mumbai, March 30 Cedar Hill Capital announced on Monday that it has led a USD 1.5 million investment in Sign3, an AI-native fraud intelligence and risk management platform.The round also saw participation from existing investor Smile Group, as well as other founders and operators, including...

New Delhi, March 30 Bacancy Systems, a startup based in Gujarat that specializes in embedded electronics and power systems, has raised ₹40 crore in a Series A funding round led by private equity investment firm Sabre Partners and growth equity fund Greenstone Capital.Both investors have...

New Delhi, March 30 AgriTech startup Cropcoin Technologies (formerly Jaisa) announced on Monday that it has raised ₹12 crore in a pre-Series A funding round, led by venture capital firm Unicorn India Ventures, with participation from Climate Angels.The funds raised will support the company's...

New Delhi, March 26 ELMED Life Sciences announced on Thursday that it has raised USD 2.7 million (Rs 25 crore) in Series A funding from AgriSURE Fund, an agri-focused investment fund managed by NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development...

New Delhi, March 23 BIDSO, a design-led manufacturing platform focused on the global toys and consumer products ecosystem, announced on Monday that it has raised ₹63 crore in a funding round led by Blume Ventures.The funding comprises ₹51 crore in equity and ₹12 crore in venture debt.The...

New Delhi, March 23 Mobility fleet platform LetzRyd announced on Monday that it has raised USD 4 million (over Rs 35 crore) in a new funding round led by JIF Capital Ltd.The round also saw participation from Japan-based venture capital firm 15th Rock, and existing investor UNLEASH Capital...

Mumbai, March 20 The government on Friday approved a limited-period Rs 20,000-crore credit guarantee scheme to aid microfinance institutions (MFIs), which have been complaining about difficulties in accessing funds.The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0)...

Mumbai, March 20 The Reserve Bank of India (RBI) injected ₹25,101 crore of temporary liquidity into the banking system on Friday through a three-day variable rate repo (VRR) auction.The RBI injected the funds at cut-off and weighted average rates of 5.26 percent, the central bank said in a...