Global Startup Accelerator Turbostart Offers Early-stage Startups A Chance To Secure Up To $1mn In Funding

In order to address its financing requirements, drone maker Garuda Aerospace secured Rs 25 crore in funding from a new bridge round led by Venture Catalysts, We Founder Circle.

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.

Clime Finance has provided Perpetuity Capital with Rs 5 crore in debt. Perpetuity Capital is an ISB-accelerated electric vehicle financing platform.

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.

BharatAgri, an advisory-led agricultural inputs online commerce platform, secured its $4.3 million Series A funding from Arkam Ventures.

Zetwerk, a B2B ecommerce unicorn, secured $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.

Pre-seed funding of $800,000 has been secured by the data-driven platform Done Deal. Strategic early-stage venture capital firms that participated in the round, which was led by Gruhas, Nikhil Kamath, and Abhijeet Pai's VC, included The BarberShop with Shantanu, Raisers Edge, WFC, Capital-A, Dezerv Innovation Fund, ICE.VC, and well-known angel investors.

A startup accelerator fund established by Nithin Kamath's Zerodha, Rainmatter, Indian tennis player Rohan Bopanna, WEH Ventures, Prequate Advisory, and angel investors including Balakrishna Adiga have all invested $2 million in the sports platform Game Theory.