Insight

Morphing Machines, a startup in the fabless semiconductor industry, has successfully raised $2.76 million (about INR 23 crore) in a seed fundraising round. The transaction was led by Speciale Invest.

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.

Zepto, a fast-growing e-commerce company based in Mumbai, is now in discussions to secure an additional $400 million in funding.

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.

Datachamps, an artificial intelligence firm based in Nashik, has secured $500,000 in seed funding from Windrose Capital and other investors.

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.