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Latest Articles in funding

peAR Raises INR 2.5 Cr In Pre-Series-A1

The startup received 5000 monthly orders with an annualized GMV of $250000 in March this year, and grew their repository of 3D models 5 times in the last 6 months.

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Reliance Infra Board Approves Raising Up To Rs 550.56 Cr Via Preferential Allotment

The funds raised would be utilised for long-term resources for general corporate purposes, to fund future growth and also to reduce debt

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Amazon Announces USD 250 Million Fund For SMEs

Amazon India Global SVP and Country Head India Amit Agarwal said the fund is targeted at empowering the best ideas, and attracting visionary entrepreneurs.

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PumPumPum Raises Rs 5.5 Cr In Pre-Series A Funding Led By Inflection Point Ventures

Plans to use the funds for category disruption, consumer awareness, technology development and expansion.

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Govt Proposes To Establish Alternate Funding, Increase Assistance In New Rare Disease Policy Draft

The new Rare Disease Policy Draft Report was released on March 31 by the Health Ministry and it earmarked three categories of rare diseases based on nature of treatment.

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Annapurna Finance Raises USD 30 Mn From Nuveen Global, Others

The funding is happening through the issue of compulsorily convertible preference shares (CCPS) which will be converted into equity within a year, he said, adding that Nuveen also gets a board seat.

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Public App Raises Rs 300 Crore Funding

Public had raised Rs 260 crore in funding led by Addition, along with SIG and Tanglin Venture Partners six months ago.

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Funding From Family Philanthropy In India Has Tripled Since 2019

Indian philanthropists also donate a smaller portion of their wealth relative to countries such as the US, a result of the tax advantages that philanthropy confers to donors in the context of estate and inheritance taxes in other countries.

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BRFL Textiles’ Fabric Production Increases By 50% Post Funding

On the domestic branded sales front, the distribution network of BTPL is spread across its own EBOs, over 100 distributors and over 8000 retailers.

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India to fund NRs 530 million for reconstruction of total 25 health posts in Dhading, Sindhupalchowk

India to fund NRs 530 million for reconstruction of total 25 health posts in Dhading, Sindhupalchowk

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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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Despite Infrastructure Status Developers Are Unable To Obtain Funding

Construction and Real Estate Industry would to life with low interest rates, easy finances, and subsidies in direct & indirect taxes would rejuvenate the sector.

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Osama bin Laden supported, funded Nawaz Sharif: Ex-Pak envoy

Osama bin Laden supported, funded Nawaz Sharif: Ex-Pak envoy

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IDBI Bank Raises INR 1,435 Crore

Punjab National Bank (PNB) too was unable to raise the targeted amount from its qualified institutional placement which closed on Friday.

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[Funding Alert] Vegan Skincare Startup Plum Raises Rs 110Cr Led By Faering Capital

Founded in 2014 by Shankar Prasad, Plum will use the raised funds for brand building, technology, and expansion of distribution footprint, the startup said in a statement.

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