Vijay Shekhar Sharma, the CEO of Paytm, has established a fund to support entrepreneurs in cutting-edge fields including artificial intelligence (AI) and electric vehicles.
Vastu Housing Finance Corporation Ltd. has secured a $30 million investment from Indian PEĀ and venture capital firm Faering Capital. Multiple Alternate Asset Management and other company shareholders carried out a secondary sale in the present transaction.
Leucine Rich Bio, a microbiome company, secured an undisclosed sum in a pre-series A round of funding. Prominent medical professionals, including gastroenterologists, oncologists, and biotech entrepreneurs, were the driving force behind the funding.
Mokobara, a direct-to- consumer backpack startup, secured $3.6 Mn (INR 29 Cr) from a number of funding partners, such as its current investors Saama Capital, Sauce VC, and Alteria Capital.
The asset management company Singularity Ventures AMC disclosed the first close of its new fund, which is aimed at growth-stage startups and has a cap of Rs 1,500 crore, at Rs 500 crore.
The startup Fingerprint, which gives developers the tools to combat online fraud at its source, secured $33 million in a Series C funding round, which brings its total funding to $77 million. Nexus Venture Partners led the round. In the round, Uncorrelated Ventures also took part.
Zetwerk, a B2B ecommerce unicorn, securedĀ $120 million in its Series F funding round, which was led by Avenir Growth Capital and included previous backers Lightspeed, Greenoaks Capital, and Steadview Capital.