Startup funding

Blacklight Studio Works, has secured an unknown sum of capital in a fundraising round headed by Udyat Ventures. Additional investors in the round included Polygon Ventures, Dexter Ventures, and former CEO of Nazara Technologies, Manish Agrawal.

Fresh Bus, a startup providing electric intercity bus services, secured Rs 7.5 crore in a fundraising round.

High Net Worth Individuals (HNIs) from the US, the Middle East, and India, as well as entrepreneurs from the Indian startup scene, participated in the close of Java Capital's Rs 50 Cr fund, a deep-tech venture capital firm.

The LJ Knowledge Foundation, which supports startups, granted funding of Rs 20 lakh to Techmaghi, an education technology company.

Pre-seed capital has been raised by Rapid, an Employer of Record (EoR) with a focus on India, totaling USD 2,65,000 in capital.

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.

Blubirch has raised $6.37 Mn (INR 53 crore) in a Series A fundraising round headed by Cornerstone Ventures and Capital2B.

The Aditya Birla Group's e-commerce rollup company TMRW provides Rs 155 crore to the menswear company The Indian Garage Co (TIGC).