The electric transportation startup, Matter, has successfully secured Rs 82.6 crore in its latest funding round. This marks the initial stage of securing investment in the Ahmedabad-based electric bicycle business.
Nitro Commerce, a platform that offers revenue-as-a-service to e-commerce and D2C firms, has successfully raised Rs 15 crore ($1.8 million) in a seed fundraising round headed by Cornerstone Ventures.
EvolutionaryScale, a firm specializing in artificial intelligence applied to biology, announced on Tuesday that it successfully secured $142 million in early funding. The funding round was led by Nat Friedman, Daniel Gross, and Lux Capital.
Cleantech Solar, a prominent provider of sustainable energy solutions to businesses in India and Southeast Asia, secured loan of INR 855 crores from Aseem Infrastructure Finance Limited.
Two Brothers Organic Farm, a direct-to-consumer (D2C) brand specializing in organic groceries, has successfully concluded its Series A investment round, securing a total of Rs 58.25 crore.
Rocketlane, a software-as-a-service (SaaS) firm, has secured $24 million in its Series B fundraising round, which was jointly led by 8VC, Matrix Partners India, and Nexus Venture Partners.
Propelld, a pioneering provider of education financing solutions, has entered into strategic partnerships with esteemed universities to enhance access to higher education for students.