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.

Cross-Platform Application For Film Makers & Writers, Studiovity has raised an undisclosed amount in pre-seed funding from IIM Kashipur. Studiovity is taking a big step ahead and paving the way for more creative developments and rapid expansion in the film and video pre-production industry.

Healthy and Macro counted food delivery platform The Kenko Life has closed an angel funding round led by Mr. R Raghunathan, Co-Founder of Prizm Payment Services (now known as Hitachi Payment Services Private Limited) and OPC Asset Solutions.

The Department for Promotion of Industry and Internal Trade (DPIIT) issued the States' Startup Ranking 2022. According to the ranking, Gujarat, Karnataka, Kerala, and Tamil Nadu were recognised as the top-performing states in terms of establishing ecosystems of startups for aspiring entrepreneurs.

In its pre-Series A funding round, enterprise IT firm Adya.ai secured INR 10.5 Cr ($1.2 Mn), with Indian Angel Network (IAN) leading the round. Other strategic financiers also participated in the financing.

In a funding round headed by Wipro Consumer Care Ventures, Mirabilis Investment Trust, and She Capital, in addition to current backer Fireside Ventures, D2C baking business The Baker's Dozen secured Rs 33 crore.

The newest funding round for alternative investment platform Grip Invest, led by Stride Ventures, totaled $10 million in a combination of debt and equity.

Ambitio, an AI copilot for higher education abroad, has secured Rs 1.55 cr in its pre-seed round co-led by First Cheque and alongside additional financiers.