Viestories

CredAble, a fintech firm, has secured debt capital from SIDBI totaling Rs 30 crore ($3.6 million).

Blacksoil, an alternative lending platform, has contributed Rs 40 crore ($4.8 million) to salon chain JCB (Jean Claude Biguine) Salons India.

Direct-to-consumer (D2C) skincare company Foxtale announced today that it has raised $18 million (about Rs 150 crore) in a Series B fundraising round headed by Panthera Growth Partners, a Singaporean company.

[Funding News] Drone tech Startup Skye Air Secures $4 Mn From Mount Judi Ventures, Others

Aurm, a provider of safe deposit locker services and an asset protection company, announced the appointment of Vijay Arisetty as its CEO and founder. The creator of the community management tool MyGate is Arisetty.

Channel Factory, a global technology and data platform specializing in video ad placement on social platforms, has onboarded DDB Mudra Group’s Chirag Bhatia as its Managing Director- India.

Battery Smart, a business focused on battery technology, has raised $65 million in a Series B financing headed by LeapFrog Investments. Both new and old investors, such as Panasonic and MUFG Bank, participated in the equity round.