Viestories

The first digital escrow regulatory fintech authorization has been given to Escrowpay, the foremost digital escrow platform, by IFSCA and Escrowpay will issue an additional $4 million in warrants, bringing its total fundraising to $6 million.

In a Pre-Series financing round headed by Indian Angel Network (IAN) members KRS Jamwal, Jaideep Mehta, Sanjiv Bajaj, and Nitin Zamre, spacetech startup Manastu Space secured $3 million.

Coworking space Qdesq received undisclosed funding from venture capital (VC) company Gruhas, which specialises in the proptech sector.

Deeptech IoT platform Datoms has secured $1.2 mn in a funding round headed by Yournest Venture Capital.

Inflection Point Ventures led a Pre-series A round of funding for drone-tech startup UrbanMatrix Technologies, which brought in Rs 6 crore.

Piramal Alternatives has provided strategic finance totaling Rs 250 cr to PMI Electro Mobility Solutions, a manufacturer of electric buses. According

Blubirch has raised $6.37 Mn (INR 53 crore) in a Series A fundraising round headed by Cornerstone Ventures and Capital2B.

The Aditya Birla Group's e-commerce rollup company TMRW provides Rs 155 crore to the menswear company The Indian Garage Co (TIGC).

Global Startup Accelerator Turbostart Offers Early-stage Startups A Chance To Secure Up To $1mn In Funding

Proost Beer, a domestic beer company, raised INR 25 Cr in its pre-Series A fundraising round using a combination of debt and equity.