Orient Green Power : At its next annual general meeting on June 28, 2024, Orient Green Power intends to ask shareholders for permission to raise its authorised share capital from Rs 1,600 crore to Rs 2,500 crore. In order to fund its operations going forward, the corporation plans to raise money and revise its memorandum … Read more
Rainmatter, the investment arm of Zerodha, and Big Bang Capital, a Singapore-based PE firm, led a $2.5 million fundraising round for the cleantech SaaS platform LogicLadder. Sustainability Cloud, the company’s core product, helps brands lower their environmental effect while increasing operational effectiveness. LogicLadder was founded in 2011. The money will be utilised to improve product … Read more
Vodafone Idea’s board to meet on Feb 27 for capital raise discussion. Promoters, not Aditya Birla group, to infuse funds, diluting existing stakes. Government to maintain 33% stake despite potential windfall. Funds intended for 5G launch and debt reduction. Recent share surge signals investor optimism. Company exploring options like rights issue, public offering for capital … Read more
Introduction: Fetcch, a cutting-edge payments infrastructure business, has successfully raised $1.5 million in a pre-seed fundraising round, marking a key step towards altering the Web3 payment landscape. AppWorks Venture and Hashkey Capital co-led the round, with notable participation from LD Capital, Compute Ventures, M6, GravityX Capital, and NGC. This capital injection will put Fetcch … Read more
Introduction: In a significant development for India’s economic landscape, Commerce and Industry Minister Piyush Goyal revealed that a prominent US-based fund house is poised to inject a substantial $50 billion into the country over the next decade. Addressing attendees at the ET NOW Leaders of Tomorrow Awards on January 12, Goyal disclosed that the investment … Read more
Fueling Educational Empowerment: Varthana’s $14 Million Boost for Affordable Private Schools Introduction: In a strategic move to fortify its commitment to the education sector, Varthana, an education-focused fintech startup, has successfully secured a substantial $14 million investment from Blue Earth Capital. This funding, comprising contributions from funds managed by the impact investor and its partnerships, … Read more
Empowering Investment Diversity: Grip Invest’s Series B Funding Paves the Way for Technological Advancements and Broader Accessibility Introduction: In a significant development for the alternative investment landscape, Grip Invest, a leading platform in the sector, has successfully raised $10 million in its Series B funding round. The funding, comprising a strategic mix of equity and … Read more
Navigating the Path to Mental Wellness: Amaha Health’s $6 Million Boost Sets the Stage for Transformative Growth Introduction: In a significant move towards prioritizing mental health, Amaha Health, formerly known as InnerHour, has successfully secured INR 50 Crores (approximately $6 million) in a recent funding round. The funding was led by Fireside Ventures, a prominent … Read more
Transforming Beauty Tech – Glamplus’ Ambitious Expansion Plans Unveiled In a significant stride towards transforming the beauty and wellness industry, Glamplus, a SaaS-enabled B2B beauty marketplace, has recently secured a substantial funding of INR 16.5 Cr (almost $2 Mn) in a pre-Series A funding round. The funding was led by prominent investors including Upsparks Capital, … Read more
Unveiling the Future: Parag Agrawal’s $30M AI Venture Redefines Language Models in Tech Evolution Introduction: In the fast-paced world of technology, former X (previously Twitter) CEO Parag Agrawal is making headlines once again. This time, it’s not for leading a social media giant but for spearheading his new artificial intelligence (AI) startup. Agrawal, who served … Read more