Team VS

Hariharan Vedamurthy and Sameer Bharat Ram, who are entrepreneurs, have established Vaanam.

Clix Capital, a modern non-banking finance company, has secured Rs 220 crore in an equity funding round. The funding was primarily provided by its current investors Apollo Global Management, Pramod Bhasin, and Anil Chawla.

Scimplify, a comprehensive platform for sourcing and manufacturing specialty chemicals, has successfully secured Rs 59 crore (roughly $7 million) in its Series A funding round from a combination of new and existing investors.

Kinetic Green, the electric vehicle manufacturing division of the Kinetic group, has secured a total of Rs 168 crore or $20 million in funding from Greater Pacific Capital, through a combination of equity and debt.

IIMA Ventures, previously known as IIMA-CIIE, has initiated an accelerator program specifically designed for individuals who are new to investing or lack experience in the field.

The seed funding round witnessed the involvement of Cedar-IBSi Capital, a venture capital firm specializing in financial technology, as well as around 25 angel investors from India.

PhysicsWallah, an educational technology company, has declared a scholarship fund of Rs 250 crore for the NSAT 2024, its third edition of the National Scholarship Common Admission Test.

GalaxEye Space, a startup in the space technology industry, has secured $6.5 million in funding through a Series A funding round.

Gemba Capital, a venture capital firm based in Bengaluru, has introduced its second fund with a target corpus of Rs 250 crore, which includes a green shoe option of Rs 50 crore.

Nazara Technologies, a gaming and esports firm based in Mumbai, has achieved the 8th rank on the worldwide list of gaming acquirers, as stated in the most recent study by Drake Star Partners' Global Gaming study for Q2 2024.