Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments, and $160 million for Eniac VI. © 2024 TechCrunch. All rights reserved. For personal use only.
ClickPost, a logistics intelligence platform for online retailers, has raised $6 million in a funding round led by early-stage venture capital firms Inflexor Ventures partners and Athera Venture Partners. The round also saw participation from Riverwalk Holdings and its existing investor Rebright Partners.ClickPost said the funds will be used for introducing enhanced products and to extend its presence into new geographical areas, as well as further within its existing regions. We've seen some of...
Malaysia's sovereign wealth fund Khazanah Nasional Bhd. will set up a
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. will set up a venture capital of up to 3 billion ringgit ($627 million) with two other partners to invest in startups in Southeast Asia.
Medulance, an emergency healthcare services startup, has raised $3 million in Series A funding, led by Alkemi Growth Capital.The funding round also saw participation from investors such as Dexter Capital, Boat founder Aman Gupta, and Emcure Pharmaceuticals’ executive director Namita Thapar. The New Delhi-based startup has raised fresh capital after running as a profitable bootstrapped company for six years, it said in the statement.The funds will be used to increase its presence across the...
The company's initial public offering price was estimated to be between $76
Puffer Finance secures $18 million in funding round led by Brevan Howard Digital and Electric Capital. Crypto exchanges Coinbase and Kraken also invest in the Ethereum liquid restaking protocol. Puffer Finance, an Ethereum liquid staking protocol on Eigenlayer, has raised $18 million in its latest funding round. An announcement on Tuesday says Brevan Howard Digital […]
The Redmi Pad Pro was unveiled for the Chinese market last week alongside the Redmi Turbo 3 smartphone, and if you've been wondering whether the tablet would make a global debut later on, the answer seems to be a resounding yes - with 5G support in some markets, even. The Redmi Pad Pro 5G has been spotted in the Google Play Console database, with the model number 24074RPD2I which tells us it's headed to India (the "I" at the end is for India). But wait, there's more! The Google Play Console...
LightFury Games, a gaming startup launched by Karan Shroff, former chief marketing officer of Unacademy, has secured $8.5 million in a seed funding round led by Blume Ventures, Mixi and Gemba Capital. Other investors such as Cred founder Kunal Shah and Unacademy CEO Gaurav Munjal also participated in the round.The startup plans to utilise the new capital to develop AAA games in India and will initially focus on mobile gaming before expanding to other platforms, including consoles.AAA games are...
Bay Bridge Ventures' fundraising efforts come at a time when venture investors appear to be increasingly bullish on climate tech. © 2024 TechCrunch. All rights reserved. For personal use only.
Former Unacademy chief operating officer Vivek Sinha on Wednesday announced the launch of a new venture, Beyond Odds Technologies, with a seed funding of $11 million in a mix of equity and debt.The Bengaluru-based startup is building for employability-led training, certification, and recruitment services in the grey-collar workforce segment. The platform connects employers on the demand side to its talent supply base among students.The venture is set to launch Emversity, a higher education brand...