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“Cleantech Startup Proklean Technologies Raises $4M in Funding, Sets Sights on Global Expansion”-thumnail

“Cleantech Startup Proklean Technologies Raises $4M in Funding, Sets Sights on Global Expansion”

Chennai-based cleantech startup Proklean Technologies secures $4M in funding from Raintree Family Office, fueling its R&D efforts and hiring initiatives. The funds will aid the company’s expansion into new markets,

Investment & Funding

Jun 8, 2023

Revenue forecast for SaaS startups plunges 74% to $26 billion by 2026-thumnail

Revenue forecast for SaaS startups plunges 74% to $26 billion by 2026

In their most recent annual study on the industry, global management consulting and strategic advisory firm Zinnov and venture capital firm Chiratae Ventures reduced the 2026 revenue forecasts of Indian software-as-a-service or SaaS startups from $100 billion to $26 billion.

Business

Jun 7, 2023

“2070 Health Receives $30M Investment to Transform Indian Healthcare”-thumnail

“2070 Health Receives $30M Investment to Transform Indian Healthcare”

India-based healthcare venture studio, 2070 Health, secures a substantial $30 million investment from W Health Ventures. The funding will drive innovation in healthcare, accelerating the development of groundbreaking companies that aim to make high-quality healthcare more accessible and affordable for one billion Indians.

Investment & Funding

Jun 7, 2023

Lentra Raises $27 Million in Extended Series B Round Led by MUFG Bank and Dharana Capital-thumnail

Lentra Raises $27 Million in Extended Series B Round Led by MUFG Bank and Dharana Capital

Cloud-lending firm Lentra raises $27 million in an extended series B round led by MUFG Bank and Dharana Capital, bringing their total funding to $87 million. Lentra aims to empower lenders globally with its loan management system and expand its presence in Southeast Asia and the US.

Investment & Funding

Jun 7, 2023

Nikhil Kamath, the youngest and fourth Indian to sign the Giving Pledge, has pledged to give away the majority of his money-thumnail

Nikhil Kamath, the youngest and fourth Indian to sign the Giving Pledge, has pledged to give away the majority of his money

Nikhil Kamath, the co-founder of Zerodha, stated that despite his young age, he is motivated to making a good difference in the world and believes that the foundation’s aim of

News

Jun 6, 2023

Sentra.world, a climate tech firm, has raised $2 million in investment from Avaana Capital and others-thumnail

Sentra.world, a climate tech firm, has raised $2 million in investment from Avaana Capital and others

Sentra.world, a business focused on ESG (Environmental, social, and corporate governance), has secured $2 million in initial investment headed by Avaana Capital, an early-stage climate-tech venture capital firm. RPG Ventures and Golden Sparrow Ventures also invested in the round, according to a corporate statement announcing the injection.

Investment & Funding

Jun 5, 2023

Paytm reports May operating results, with disbursements of Rs 5,502 crore-thumnail

Paytm reports May operating results, with disbursements of Rs 5,502 crore

Paytm claimed 75 lakh merchants are now paying membership fees for its payment devices, up 4 lacks from May, and that its average monthly transacting users (MTU) had increased 24 percent year on year to 9.2 crores.

Finance

Jun 5, 2023

Byju’s Plans $40 Million Quarterly Interest Payment on Troublesome $1.2 Billion Loan-thumnail

Byju’s Plans $40 Million Quarterly Interest Payment on Troublesome $1.2 Billion Loan

Discover the latest update on Byju’s, India’s most valuable startup, as Byju’s Plans $40 Million Quarterly Interest Payment on Troublesome $1.2 Billion Loan. Learn about the challenges faced by the ed-tech firm, its negotiations with creditors, and the potential consequences of default. Stay informed with this important financial news.

Finance

Jun 5, 2023

Aurum PropTech Acquires Home Rental Startup NestAway for Rs. 90 Cr-thumnail

Aurum PropTech Acquires Home Rental Startup NestAway for Rs. 90 Cr

Aurum PropTech Acquires Home Rental Startup NestAway for Rs. 90 Cr.

Investment & Funding

Jun 2, 2023

“Elon Musk Faces Insider Trading Accusations in Dogecoin Manipulation Lawsuit”-thumnail

“Elon Musk Faces Insider Trading Accusations in Dogecoin Manipulation Lawsuit”

The investors specifically highlighted an incident in which Musk sold approximately $124 million worth of Dogecoin in April after he replaced Twitter’s blue bird logo with Dogecoin’s shiba inu dog

Investment & Funding

Jun 2, 2023

Capillary Technologies receives $45 million in funding from Avataar Ventures and its LPs after postponing its IPO-thumnail

Capillary Technologies receives $45 million in funding from Avataar Ventures and its LPs after postponing its IPO

Avataar Ventures and its limited partners (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital also participated in the funding round. Capillary Technologies, a Bengaluru-based SaaS business, has raised $45

Investment & Funding

Jun 1, 2023

Scaler, an edtech business based in Delhi, has acquired Pepcoding for an undisclosed sum-thumnail

Scaler, an edtech business based in Delhi, has acquired Pepcoding for an undisclosed sum

The acquisition is expected to drive growth and support a number of business areas, including strategy, product design, B2B enterprise, and operations. Scaler, an edtech startup, announced the purchase of

News

May 31, 2023


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