Indian Startup Funding Weekly Roundup: April 29 to May 4, 2024
Key Points: The first week of May has heralded a resurgence in venture capital inflow
Capria Ventures concludes final close of its India Opportunity Fund, securing Rs 153 crore
Highlights: Capria Ventures, a venture capital firm specializing in the Global South, has successfully concluded
Northern Arc Secures $80 Million Funding from IFC: A Boost for Financial Inclusion
Summary Northern Arc, a prominent non-banking financial company (NBFC), has received a substantial $80 million
Karban Raises $1.07 Million in Seed Funding from All In Capital, Titan Capital and Rainmatter
Highlights: Karban Envirotech, a startup specializing in energy-efficient electronic appliances, has secured a seed funding
Urban Logistics Leader LetsTransport Secures $22 Million in Series E Funding Round
Summary LetsTransport, a key player in urban logistics, has successfully raised $22 million in its
Adukale Secures Impressive Funding to Drive Expansion and Innovation
Summary Adukale, an Indian direct-to-consumer (D2C) snacks brand, has secured Rs 11 crore (approximately $1.3
India: A Lucrative Destination for Global Expansion
Summary Ritesh Agarwal, CEO of OYO Rooms, urges global companies to consider India for expansion,
BluWheelz Secures $1 Million in Bridge Funding Round
Summary BluWheelz, a tech-driven delivery startup specializing in electric vehicle (EV) logistics, has secured $1
Aramco’s VC Arm Plans Significant Investment in Indian Start-ups
Key Points: Saudi Aramco, the giant conglomerate from Saudi Arabia, is eyeing India’s dynamic start-up
Hyderabad based Dhruva Space Secures USD 9 Million Funding for Space Expansion
In a significant development for India’s burgeoning space industry, Hyderabad-based space technology startup Dhruva Space