Insight

To provide a comprehensive platform for retail investors and empower them to easily access information and understand the Indian passive funds industry, a dedicated India’s first website for passive funds was also announced during the launch event.

Nected, an advanced low-code platform, has successfully secured $1.5 million in its initial funding round, which was spearheaded by Three State Ventures, helmed by Binny Bansal.

Prodapt, a prominent provider of consulting, engineering, and transformation services for the telecommunications and technology sector, has today announced the appointment of Manish Vyas as its MD and Chief Executive Officer (CEO).

Navi Finserv, a lending startup led by Sachin Bansal, co-founder of Flipkart, has secured $38 million in a significant securitization deal from JP Morgan.

DecoverAI, a legal technology startup, has received $2 million in a preliminary funding round led by Leo Capital, with additional investors contributing.

BharatPe, a fintech company, has utilized non-convertible debentures to raise Rs 85 crore (approximately $10 million) in debt.

Vayana Network, a trade financing startup, has successfully completed its Series D round, which successfully raised Rs 170.8 crore (approximately $20.5 million). Pune-based organization's inaugural investment round of 2024.

Bengaluru-based direct-to-consumer fitness brand Boldfit has secured the services of Indian cricketer KL Rahul as its brand ambassador and investor.

KheloMore, a sports tech platform, has effectively secured $2 million in a Pre-Series A funding round.

WhizHack, a cybersecurity startup, has secured $3 million (INR 25.1 crore) in its Pre-Series A funding round from its current investor, SAAA Capital.