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Capital A invests in EV startup Oorja

Early-stage focused fund Capital A has made a strategic investment in Oorja, which enables automotive companies to design better batteries, via its $10 million cleantech fund Evolve. The company will use the proceeds to predict battery performance by monitoring parameters like temperature, which is a critical problem and to design better batteries, said the company […]

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Kennect raises seed round led by FortyTwo.VC

Kennect, a software-as-a-Service sales acceleration startup, has raised $700k in its seed round led by  Texas-based venture fund FortyTwo.VC.  With this investment, Delaware and Mumbai-based Kennect plans to ramp up its engineering team and expand its commercial presence in the North American and European markets. Started in 2017 by Pulkit Agrawal and Pralok Chhajed, Kennect […]

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DPhi raises funds from Switzerland-based investor Selcuk Boydak

Artificial intelligence (AI)-focused community platform DPhi has secured Rs 2.4 crore from Switzerland-based angel investor Selcuk Boydak. The raised capital will be utilised to grow its community and expand its business model to democratise the use of AI and build a global marketplace for AI algorithms and solutions, DPhi said in a press release. According […]

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Super4 raises Rs 10 Cr in seed round

Fantasy gaming startup Super4 has announced its entry into the market with an initial seed round of Rs 10 crore from angel investors and HNIs. The startup did not disclose the name of investors. Super4 intends to expand and strengthen its team across multiple verticals and kickstart its venture into the fantasy gaming. Founded by […]

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BigSpoon raises Rs 100 Cr in Series A round

Cloud kitchen startup BigSpoon has raised Rs 100 crore or $12.5 million in its Series A round from IAN, NB Ventures, Go-Ventures, Lets Venture, Grip Invest, and Anicut Capital. Celebrity investor Mouni Roy also joined the startup and would be associated with brand incubation and endorsements. The Ahmedabad-based startup will utilise the fund to expand […]

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EV charging infrastructure startup Exponent Energy raises funding from Pawan Munjal

Exponent Energy, an electric vehicle (EV) charging infrastructure business, has acquired an unknown sum of money from Hero Motocorp Chairman Pawan Munjal’s family office. In its initial phase of growth, the business plans to install 100 EV charging stations around Bengaluru. Exponent will also utilize the funds to enhance its EV battery pack manufacturing capacity […]

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Dunzo’s B2B logistics arm Dunzo for Business arrives on ONDC

The logistics provider Dunzo for Business (D4B) has joined the Open Network for Digital Commerce (ONDC) that provide last-mile delivery services, the firm said on August 4. It will use this to provide last-mile delivery services to regional businesses on the ONDC network. D4B claims to have 75,000 delivery partners and to link 20,000 businesses and customers. […]

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Saas startup Languify raises seed round

Languify, a B2B SaaS startup, has raised $180,000 in a seed round led by Titan Capital, Smile Group, Goel family fund, Alsisar Impact, CIIE, Sethu Raman, Anand Lakra, Mridula Chettri, and along with participation from Sourabh Chourasia and Arjun Mallya. The capital will be utilised to build the company’s core team, for product development and […]

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Beacon Power Services raises $2.7M to improve electricity access for sub-Saharan African cities

Sub-Saharan Africa’s share of the global population without access to electricity stood at 77% in 2020, according to reports. Also, the average daily electricity supply in some of Africa’s largest cities is less than 12 hours. As a result, individuals and businesses find other options and substitutes, such as generators, to deal with their power […]

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