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Latest Articles in Funding

KSUM's Innovation Grants To Startups Crosses Rs 25 Cr

The state-run Kerala Startup Mission (KSUM) has provided over Rs 25 crore as innovation grant to a wide range of technology and product startups since 2017

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Used-Car Platform CARS24 Raises $400 Million At Valuation Of $3.3 Billion

India's CARS24 said on Monday it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.

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Digital Identity Platform Bureau Raises $12 M Led By Quona

This funding round also had participation from as strategic angels like Mark Britto of Paypal, and Bobby Mehta of ex-Transunion fame

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Nykaa Raises Rs 2,396 Crore From Anchor Investors Ahead Of IPO

The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website.

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Those Who Understand Media, Understand Investment in Gaming: Sajan Raj Kurup, Ventureland Asia

Sajan Raj Kurup, founder of Ventureland Asia, an investment division of ad firm Creativeland Asia, recently came into the news with his $1 million investment in gaming startup Revenant Esports. With this acquisition, Kurup has become a 40 per cent stakeholder in the gaming company founded in 2020 by Rohit Jagasia. In a conversation with BW Businessworld’s Ojasvi Nath, Kurup talks about the new acquisition, nuances of esports, the business dynamics of it, and his attempt to understand esports in its entirety. Excerpts:

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Drip Capital Closes $40M Committed Warehouse Credit Facility From East West Bancorp

The credit facility is for the expansion of Drip’s trade finance solutions to small and medium-sized businesses (SMBs).

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Magma Fincorp To Raise Up To Rs 3,000 Crore Next Fiscal Year

The debt securities would be in the nature of secured/unsecured, subordinated debentures, and the capital will be raised through a private placement.

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How Financial Valuation Makes A Start-Up Investor Ready?

In today’s world of business, the success and sustainability of a start-up are determined by the amount of funding it has acquired

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Razorpay Raises $100 Million From GIC, Sequoia Capital India And Others

Razorpay has raised USD 206.5 million in investments since its inception in 2014. In 2019, it had raised USD 75 million in series C funding.

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Byju's Raises Funds From BlackRock, Sands Capital, others

Existing investors General Atlantic, Owl Ventures and Tiger Global are also participating in this round, it said in a statement.

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Tiger Global, TPG & ChrysCapital Lead Investment of $225M in Dream Sports

Dream Sports announced on September 14 the completion of primary and secondary investment led by Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures worth $225 Million.

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M3M India Raises Rs 570 Cr From Oaktree Capital

The company's director, Pankaj Bansal, tweeted that Oaktree Capital Management has invested Rs 570 crore in the group.

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High Street Essentials Raises Rs 20.75 Cr Funding

The pre-series C round involves a convertible note, which will be converted during the series C raise, a statement said.

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