The first digital escrow regulatory fintech authorization has been given to Escrowpay, the foremost digital escrow platform, by IFSCA and Escrowpay will issue an additional $4 million in warrants, bringing its total fundraising to $6 million.
In order to address its financing requirements, drone maker Garuda Aerospace secured Rs 25 crore in funding from a new bridge round led by Venture Catalysts, We Founder Circle.
Inc.5 Shoes, a footwear company, secured its first venture capital of $10 million (about Rs 83 crore) in a round that was co-led by Mumbai-based Carpediem Capital and included Param Capital and P3 Venture Fund.