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Nexus-backed wearable startup Ultrahuman secures $35 mn in equity, debt

New Delhi, March 20 -- Nexus-backed wearable technology startup Ultrahuman on Wednesday said it has secured $35 million (Rs 291 crore) in a mix of equity and debt in a fresh round of funding from its ... Read More


Blume backs EaseMyTrip co-founder's fintech platform; Nexus bets on gaming startup

New Delhi, March 20 -- Fintech startup Optimo Loan and gaming studio Liquidnitro Games secured early-stage funding, the companies said on Wednesday. Optimo Loan Optimo Loan has secured $10 million (... Read More


Meesho backer B Capital raises $750 mn for second Opportunities Fund

New Delhi, March 19 -- US-based multi-stage venture capital firm B Capital said Tuesday it has made the final close of its second opportunities fund with aggregate capital commitments of $750 million ... Read More


Former Cipla exec's biotech startup Engrail gets $157 mn from Norwest, others

New Delhi, March 19 -- Engrail Therapeutics, a biotech startup led by Vikram Sudarsan, former executive of Indian pharmaceutical major Cipla, has secured $157 million (Rs 1300 crore) in its Series B r... Read More


Ranjan Pai checks into Brij Hotels; Sprih, three others nab funding

New Delhi, March 19 -- Hospitality firm Brij Hotels, climatetech startup Sprih, audio content platform Vobble and business-to-business (B2B) manufacturing startup Relso said Tuesday they have secured ... Read More


Third Wave Coffee onboards former Devyani CEO after co-founder steps down

New Delhi, March 18 -- Quick service restaurant chain Third Wave Coffee, operated by Heisetasse Beverages Pvt. Ltd has appointed former Devyani International executive Rajat Luthra as its new chief ex... Read More


HCIN Networks, three others raise early-stage funding

New Delhi, March 18 -- Information technology (IT) networking solutions startup HCIN Networks, artificial intelligence (AI)-based music platform Beatoven.ai, healthtech startup Qurex and climatetech s... Read More


MENA Digest: Mazadak grabs $10 mn as Saudi startups lead funding activity

New Delhi, March 15 -- Dealmaking activity in the Middle East and North Africa region increased this week, led by a slew of early-stage funding transactions by startups. At least three Saudi startups... Read More


Dani-sponsored Asiana fund pegs $200 mn valuation on IPO-bound company

New Delhi, March 15 -- Asiana Alternative Investment Fund, which is sponsored by Jalaj Dani, one of the promoters of Asian Paints Ltd, and managed by Ambit Wealth Management, is expecting to see an im... Read More


Kae Capital backs GobbleCube; Pravega bets on Fluid Analytics

New Delhi, March 15 -- Brand analytics platform GobbleCube and climatetech startup Fluid Analytics have secured early-stage funding, the companies said Friday. GobbleCube The brand analytics platfor... Read More