Startup funding

Bengaluru-based coffee & QSR chain Third Wave Coffee has secured $35 mn funding in a round led by private equity firm Creaegis.

[Funding alert] Chandrayaan-2 Scientist's SpaceTech Startup PierSight raises $600K in Pre-seed Funding

QuriousBit, has recently secured $2 million in its initial funding round. Lumikai, a leading VC fund in India specializing in Gaming and Interactive media, took the lead in this investment round, with General Catalyst joining as co-investors.

Everest Fleet, a Mumbai-based mobility company, secured funding from Paragon Partners, a private equity firm, for Rs 50 crore (about $6 million).

The Government of Tamil Nadu will create a ‘Co-creation Fund’, a unique Fund-of-Funds model designed to participate in private sector VC Funds. Particular focus will be on funds investing in Regional Startups and sectors like Rural Impact, Women-led, and Climate Action.

E-visa Startup Atlys has secured USD 12 mn in a Series A round led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital.