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ETtech Deals Digest: Another lacklustre week as VCs weigh options

This was the third week in a row where startups could not attract big-ticket investments as VCs continue to weigh their options amid tightening macroeconomic conditions and an overall inflationary environment. Automation startup WebEngage raised $20 million in the largest fundraise of the week. WebEngage raises $20 million in funding led by Singularity Growth Market […]

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Fintech platform Scripbox makes strategic investment in Pune-based Wealth Managers

Online wealth management platform Scripbox has made a strategic investment in Pune-based wealth advisory platform Wealth Managers. Scripbox declined to comment on the size of the deal. This is expected to bolster its geographical presence, expand customer base and offer digital solutions to Wealth Managers’ clientele. Over the past six months, Scripbox has actively focused […]

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Cybersecurity startup watchTowr raises $8 million in its pre-Series A round

Singapore based cybersecurity startup watchTowr recently raised $8 million in its pre-Series A round with contributions from five Indian angel investors including Saket Agarwal of Onnivation, Gaurav Gupta of FarFetch, Bikram Singh Bedi of Google India, and Gaurav Samdaria of Karza Technologies, alongside global investors including Prosus Ventures and Vulcan Capital. To discuss the potential […]

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MeitY Partners LetsVenture To Invest In Early-Stage Startups Under SAMRIDH Scheme

Investor syndicate platform LetsVenture has partnered with MeitY Startup Hub to fund early-stage startups up to USD 100,000 under the SAMRIDH Scheme. The VC firm said it was selected under the SAMRIDH Accelerator program earlier this year. Under the accelerator program, LetsVenture Foundation will support 8 startups in the first phase, it added. The foundation […]

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AMTD DIGITAL HITS $310B VALUATION

AMTD Digital (HKD) listed on NYSE is a Hong Kong-based company that has taken Wall Street by storm. Since the day the stock of HKD was listed, the stock price had skyrocketed by over 14000% to close at $1679! The IPO price of HKD was $7.8 and in less than a month of trading, the […]

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DIGITAL INVESTMENT PLATFORM STACKWELL CLOSES $3.5M ROUND

Stackwell, the digital investment platform created to eliminate the racial wealth gap, announced the successful closing of a $3.5 million seed funding round that will accelerate the company’s launch plan, allowing it to rapidly reach key product development and go-to-market milestones, as well as support the hiring of key personnel. The funding round was led […]

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Exclusive: Betterplace Bags $12 Mn From Jungle Ventures

Blue collar workforce management startup Betterplace is raising $12 Mn (INR 96 Cr) from its existing investor Singapore-based Jungle Ventures.  The startup late last month in an extraordinary general meeting passed a resolution to raise $12 Mn through allotting convertible notes in two tranches. As per the regulatory filing, the startup intends to utilise the […]

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EV Startup Exponent Energy Bags Funding From Pawan Munjal To Set Up 100 Charging Stations In Bengaluru

Electric vehicle (EV) charging infrastructure startup Exponent Energy has raised an undisclosed amount of funding from the family office of Hero Motocorp Chairman Pawan Munjal. The startup will use the funding to set up 100 EV charging stations across Bengaluru in its first leg of expansion. Exponent will also use the investment to scale up […]

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