Funding: Page 3

News and Trends

Infographic: India in 2023 Saw the Lowest Funding in 5 Years

The last quarter (Q4) recorded the lowest funding of $957 million to date, marking it the lowest-funded quarter since Q3 2016. The decline is primarily due to the biggest drop in late-stage funding, by over 73% to $4.2 billion in 2023 from $15.6 billion in 2022

News and Trends

ClearTrust Raises $1.9 Mn In Pre-Series A Funding Led By Ideaspring Capital

ClearTrust, a leading new-age ad tracking and fraud detection platform, has announced that it has raised US $1.9 million in a Pre-Series A funding round led by Venture Capital firm Ideaspring Capital with participation from Piper Serica Angel Fund.

Growth Strategies

"We Got Funded!" UAE-Based Silkhaus Raises Undisclosed Multi-Million-Dollar Pre-Series A Round As It Doubles Down On Expansion Plans

Silkhaus' tech-driven platform promises asset owners an income that is 20-40% more than what can be earned via traditional rental models.

Buying / Investing in Business

Want to Raise Money? Ignore These 3 Sources of Conventional Wisdom

Entrepreneurs often turn to the same sources of conventional wisdom to improve their odds in the fight for venture capital dollars. Entrepreneurs need to abandon the shackles of conventional wisdom and strive to create unique pitches.

News and Trends

AquaExchange Bags USD 6 Million in Series A Funding Led by Ocean 14 Capital

Previously, it raised Pre-Series A funding worth USD three million from Endiya Partners and Accion Venture Lab in 2022

News and Trends

MSME Financer FinAGG Technologies Bags USD 11M Led by Blue Orchard and Tata Capital

The raised funds will be deployed towards expanding its offline and online presence, enhancing global outreach, and driving product innovation

News and Trends

Ecommerce Startup BuyEazzy Secures USD 4.25M Led by Info Edge Ventures

The funds will be utilised towards expanding BuyEazzy's presence to 40+ cities, onboarding 2M+ offline users, and continuing to disrupt the traditional supply chain in Bharat

News and Trends

Web3 Infrastructure Startup Zbyte Secures USD 5M to Fuel Blockchain Innovation

Founded in 2022 by Kupathil, Nitin Kumar, Ankush Tiwari, and Saurabh Radhakrishnan, zbyte offers its low-code/no-code-decentralized platform (dPlat) to streamline the creation of dApps

News and Trends

Wow! Momo Foods Raises Over INR 350 Crores From Khazanah Nasional Berhad

Wow! Momo Foods, the operator of Wow! Momo, Wow! China and Wow! Chicken has raised over INR 350 crores from Khazanah Nasional Berhad ("Khazanah"), the sovereign wealth fund of Malaysia.

Growing a Business

10 Reasons Your Capital Raising Strategy Is Failing

Have your capital-raising efforts been unsuccessful? Here are a few key areas you need to focus on.

News and Trends

Agritech Startup Kisankonnect Raises INR 31cr Pre-Seris A funding led by Green Frontier Capital

According to the official statement, the startup aims to utilize the funds towards increasing its activities in climate-smart agriculture interventions with its 5,000 farmers, expand its offerings outside Mumbai and Pune, and strengthen its fresh-produce supply chain technology

News and Trends

The Baker's Dozen Bags INR 33 Crore for Geographical Expansion

The founders aim to utilise the raised capital towards expanding TBD's presence beyond metros, targeting growing markets in non-metro and Tier-1 cities, and robust marketing and brand-building.

News and Trends

D2C Investment Platform Grip Invest Raises $10M in Series B Funding

The company's official release states that the raised capital will be used towards scaling business operations, focusing on driving customer awareness, building a high-trust brand, expanding product distribution, and building additional investor-friendly features on its platform

News and Trends

toothsi Parent Co makeO Bags $16 M in a New Funding Round

To date, toothsi has designed over 2.5 lakh smile plans through their 600+ dental professionals, consisting of 100+ orthodontists and in-house dentists through 25 flagship centers and 400 partner dental clinics. It is present in 17+ Indian cities and 2 cities in the UAE

Entrepreneurs

"We Got Funded!" KSA-Based Healthtech Startup Clinicy Raises An Undisclosed Seven-Figure Series A Round

By creating a more coherent ecosystem, the Clinicy team believes that their startup could create a more digitally agile medical industry within the Kingdom.