Insight

The Series A fundraising round headed by WestBridge Capital has received $14 million, or around INR 116 crore, for the artificial intelligence (AI) startup UptimeAI.

Mr. Udayan Joshi has been appointed as the Chief Technical & Claims Officer by SBI General Insurance, one of the top general insurers in India.

An AI-powered astrology portal called Melooha has purchased a GenAI firm called Munitalks.

A multi-asset alternative investment business called Anicut Capital has announced the closing of its first late-stage Equity Continuum fund, which has raised Rs 300 crore.

The quick scale-up programme Surge by Peak XV for early-stage companies has announced that its 10th cohort will begin in India in October. August 15, 2024 is the deadline for applications. The Surge project will end in October in the United States.

Indian Startups raised capital in order to expand and move into more successful. Here is this week's Top 10 Indian Startups Funding Roundup - July 8 – July 12, 2024.

With an initial corpus of Rs 750 crore, the National Bank for Agriculture and Rural Development (NABARD) introduced the "Agri-SURE" agri fund for entrepreneurs on Friday.

Locally produced electric scooter company Bounce Infinity formed a strategic alliance with Zapp Electric Vehicles Group Limited, a British company, on Friday.

blockchain-based financial technology Peak XV Partners led a Series B financing transaction in which Partior secured nearly $60 million.

Infra.Market has obtained debt financing totaling Rs 150 cr, or around $18 million. The $50 million equity round from the Mars Unicorn Fund, a joint venture of Liquidity Group and MUFG, comes after the debt infusion for the Mumbai-based company.