Funding

Funding News

Sports ministry to fund exposure trips and international competitions for wrestler, shooters and weightlifters
Sports

Sports ministry to fund exposure trips and international competitions for wrestler, shooters and weightlifters

The government has also approved the participation of a 33-member Indian Shooting team in the ISSF World Cup Cairo, Egypt, from 25 February to 8 March.

Air pollution most lethal environmental problem yet fossil fuel projects get more funding: Clean Air Fund report
World

Air pollution most lethal environmental problem yet fossil fuel projects get more funding: Clean Air Fund report

It also found that countries in Asia received over 80 percent of development aid to fight air pollution between 2015 and 2020.

UN ramps up Afghan aid appeal seeking $200 million in extra funding as 'catastraphe' looms
World

UN ramps up Afghan aid appeal seeking $200 million in extra funding as 'catastraphe' looms

Basic services in Afghanistan are collapsing and food and other life-saving aid is about to run out, said UN humanitarian agency OCHA's spokesman, Jens Laerke

G7 Summit 2021: Leaders of richest democracies failed to agree on climate and funding, again
World

G7 Summit 2021: Leaders of richest democracies failed to agree on climate and funding, again

Historical responsibility is the elephant in the room when rich countries discuss climate change as they contributed to the global warming that already happened.

Udaan and Vedantu backer GGV Capital raises $2.5 billion across four latest funds
Business

Udaan and Vedantu backer GGV Capital raises $2.5 billion across four latest funds

The four funds are Fund VIII (for most investments), Fund VIII Plus, Discovery III (for early-stage startups) and Entrepreneurs VIII.

Indian biomedical startup Elucidata raises $5 million in pre-series A funding round
Business

Indian biomedical startup Elucidata raises $5 million in pre-series A funding round

The firm will use the investment to capitalise on its position as a leading provider of structured biomedical molecular data to the life sciences industry.

Video software platform Vimeo valued at nearly $6 billion in a new round of fundraising
Business

Video software platform Vimeo valued at nearly $6 billion in a new round of fundraising

In December, Vimeo saw its highest month of year-over-year revenue growth—57 percent—for all of 2020.

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic
Business

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic

This is the third year in a row that India has kept its number four position globally after the US, China and the UK.

Include funds for climate adaptation projects in post COVID-19 recovery urges environment group
science

Include funds for climate adaptation projects in post COVID-19 recovery urges environment group

Paris accord commits 195 countries and other signatories to reduce carbon pollution, monitor and report their fossil fuel emissions.

Furniture rental startup Furlenco raises Rs 20 crore in venture debt from Blacksoil
Business

Furniture rental startup Furlenco raises Rs 20 crore in venture debt from Blacksoil

Furlenco has furnished over 150,000 homes across eight major cities in India and has AUM (assets under management) worth over Rs 200 crore.

Fintech firm for merchants, BharatPe, raises Rs 50 crore debt from Trifecta Capital
Business

Fintech firm for merchants, BharatPe, raises Rs 50 crore debt from Trifecta Capital

The debt raised will help further build the lending business and enable credit for millions of businesses across India's length and breadth told BharatPe co-founder and CEO Ashneer Grover.

Payments startup Phi Commerce raises $4 million in Series A round led by BEENEXT
Business

Payments startup Phi Commerce raises $4 million in Series A round led by BEENEXT

The company will utilise the funds to bolster its product offering, expand in existing markets and enter new geographies.

Oyo raises Rs 54 crore is series F1 funding round from Hindustan Media Ventures
Business

Oyo raises Rs 54 crore is series F1 funding round from Hindustan Media Ventures

The fresh fundraising by the hospitality start-up came at a time when it is slowly recovering from the impact of coronavirus pandemic.

Practically raises $4 million in funding round led by deep tech investor Siana Capital
Business

Practically raises $4 million in funding round led by deep tech investor Siana Capital

The company had previously raised Series A funding of $5 Million in 2019. This takes the total funding raised by the company to $9 million.

boAt raises $100 million in funding from New York-based private equity firm Warburg Pincus
Business

boAt raises $100 million in funding from New York-based private equity firm Warburg Pincus

The company will use the investment to widen its R&D capabilities and build and support a manufacturing ecosystem under the Make in India initiative.

Agritech startup Gramophone has raised Rs 25 crore in a funding round led by Siana Capital
Business

Agritech startup Gramophone has raised Rs 25 crore in a funding round led by Siana Capital

The fresh capital will be aimed for customer acquisition and to build an agronomic intelligence-backed full-stack platform for farmers.

Investors pour $9.3 billion into Indian startups, a decline as compared to 2019 data shows
Business

Investors pour $9.3 billion into Indian startups, a decline as compared to 2019 data shows

In 2019, domestic startups had raised a total of $14.2 billion from January 1 to December 23. The decline is primarily attributed to the outbreak of COVID-19.

Hyderabad-based SucSEED Indovation announces closure of Rs 100 crore fund by raising Rs 40 crore
Business

Hyderabad-based SucSEED Indovation announces closure of Rs 100 crore fund by raising Rs 40 crore

The licensed and registered angel fund along with its first closure also announced its three new startup investments.

Dailyhunt parent VerSe Innovation raises $100 million in fresh funds from Google, Microsoft and others
Business

Dailyhunt parent VerSe Innovation raises $100 million in fresh funds from Google, Microsoft and others

This new round of funding pushes VerSe Innovation, owner of the short-form video app Josh, into the unicorn club.

Zomato closes $660 million funding in Series J fundraise round making its valuation hit $3.9 billion
Business

Zomato closes $660 million funding in Series J fundraise round making its valuation hit $3.9 billion

Zomato is also raising $140 million as a part of a secondary transaction, the company's co-founder and CEO Deepinder Goyal said.