Adventum Student Living (ASL), “India’s leading student mobility platform”, and parent company of UniScholars, UniCreds, UniAcco has secured $3M investment from Brand Capital (Strategic investment arm of Times Group).
Mufin Green Finance, a pioneer in climate financing solutions in India has secured Rs 140 Cr in a Series B round of equity funding.The company's growth trajectory is expected to accelerate significantly with this financial injection.
OTO, India's leading digital commerce and lending platform for two-wheelers, has recently raised funding of $10 million. This round was led by GMO Venture Partners and saw participation from Turbostart, Indian cricketer KL Rahul, and a few other family offices. Existing investors Prime Venture Partners, Matrix Partners, and 9Unicorns funds also participated in the round.
Wishlink, Enabling creator driven commerce has secured $7 Million in Funding from The Fundamentum Partnership Fund and Elevation Capital. Elevation Capital, with 22.93% of the funding, is now Wishlink's largest external investor, and then The Fundamentum Partnership Fund, with 13.55%.
Pet product brand Papa Pawsome recently closed a $400K in seed funding round, led by Indian Angel Network. Ajay Rajgarhia, KRS Jamwal, Jayant Mehrotra, and Rohit Rajput were among the other IAN investors that took part in this investment round.
MG Motor India has announced the launch of the MG Developer Program and Grant (MGDP) Season 5.0 in association with Startup India and Manthan. Themed ‘Artificial Intelligence in Electric Mobility’, this initiative aims to broaden the innovation platform for startups, developers, and innovators while establishing a launchpad for new ideas and narratives.
The Dutch entrepreneurial development bank FMO has led an equity round of Rs 90 crore for the non-banking finance startup Ecofy, which focuses on green energy.
Non-Banking Finance Company (NBFC) Namdev Finvest has secured 15 million in Series-B funding round. The funding round co-led by British International Investment (BII), LC Nueva AIF (LC), promoters, employees, and the continued support of existing investor Incofin India Progress Fund.