Insight

Six Sense Mobility, a Mumbai-based smart mobility company, has secured Rs 6 crore in its initial round from Piper Serica VC, an angel investment firm.

Zepto, a quick commerce startup, has effectively raised $340 million in a new funding round, resulting in a valuation of the three-year-old company at $5 billion.

Venture Catalysts has led the Series B1 round of funding for sports tech startup CricHeroes, which has raised an undisclosed sum.

Syfe, a savings and investment platform, has secured $27 million ($226 crore) in financing, bringing the total amount raised to $79 million.

Vayana, a trade finance platform, has secured $20.5 million in funding from investors led by Sumitomo Mitsui Banking Corporation (SMBC) Asia Rising Fund to support its strategy of introducing new products.

Fashor, a women's apparel brand that operates on a direct-to-consumer basis, has secured $5 million in funding from Blume Ventures.

Beco, an eco-friendly home, kitchen, and personal care brand that is locally based, has secured $10 million in its pre-Series B round, which was led by Tanglin Venture Partners.

Fresh Bus, a startup that specializes in all-electric intercity buses, has successfully secured Rs 87.5 crore ($10.5 million) in its Series A investment round.

Global private equity firm Greater Pacific Capital (GPC) has provided $25 million in capital to electric vehicle manufacturer Kinetic Green. The investment is a part of the EV manufacturer's current Series A round, which intends to raise up to $40 million.

Nupur Mehta has been recruited as the Regional HR Director, Asia Pacific & Japan by Pure Storage, the IT pioneer that provides the most cutting-edge data storage technologies and services globally.