Viestories

Ashish Kacholia of Lucky Investments led the $6.5 million pre-Series A1 fundraising round for quantum-Safe data security platform QNu Labs.

Eight Roads Ventures led a $26.4 million series B round for the EV rapid charging startup Exponent Energy.

Pocket FM, the premier radio entertainment platform in India, has named Subeer Bakshi as its Head of People and Culture.

Avani Davda, the former CEO of Tata Starbucks, has joined the board of cloud kitchen company Curefoods India Pvt Ltd.

Pre-Series A funding led by Mela Ventures has brought in Rs 20 crore for SimYog, a platform for EMI/EMC monitoring and simulation. IdeaSpring, a previous investor, and 1Crowd also participated in the round.

To be more involved in the fund's strategic investments, Mithun Sacheti, the founder of the omnichannel jewellery shop CaratLane, became a part of Singularity Growth as a general partner. Additionally, he is now a co-sponsor of the new fund that the investment business is trying to raise.

Bicara Therapeutics, a clinical-stage biotechnology firm, has announced the completion of an oversubscribed $165 million Series C fundraising. The company develops dual-action biologics to elicit a powerful and lasting immune response.

Impact investor Asha Ventures has secured Rs 400 crore, or roughly $48 million, in preparation for its debut fund, which will have a Rs 750 crore (or roughly $90 million) total capital.

With the participation of multiple angel investors, the fashion and lifestyle firm Absolute Brands and Retail secured $2.5 million in its seed investment round headed by Capstone Ventures.

Gogoro Inc., a leader in battery-swapping ecosystem technology that enables sustainable urban mobility solutions, announced today that its battery-swapping ecosystem and Smartscooters are now available in India. The CrossOver GX250, the company's first Smartscooter manufactured in India, was also presented.