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Economic & Finance Funding New startups Press Releases

Fueling Startup Growth in India: Incubate Fund Asia Announces First Close of Third Fund, Aiming for $50 Million

India, 21 September 2023 – Incubate Fund Asia, a sector-agnostic Japanese venture capital fund specialising in seed-stage investment today announced the first close of their third fund which has a target corpus of $50 Million (around INR 416 crores). This accomplishment underscores their steadfast commitment to fostering the growth of startups and propelling them towards remarkable success. Incubate Fund’s

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Economic & Finance Funding Investing New startups

Saudi Arabia’s Bold Move: Investing in Indian Start-ups and Establishing Sovereign Wealth Fund Office

To facilitate investments in India, Saudi Arabia is considering setting up an office of its sovereign wealth fund (SWF) in the country, as well as investing in Indian startups through venture capital. Khalid A. Al Falih, the country’s Investment Minister, announced on Monday that a delegation will travel to India in the next few weeks

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Economic & Finance Entrepreneurs Startups

Startup India Registration Online – Eligibility, Procedure & Benefits

Looking for Startup India Registration online and confused about what to do? Welcome to the world of entrepreneurship and innovation, where dreams take shape and possibilities know no bounds. In recent years, the Indian startup ecosystem has witnessed an unprecedented surge, fostering a culture of creativity and ambition. To empower aspiring entrepreneurs and facilitate their

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Business Funding Startups

Is Indian Startup Ecosystem in Trouble? Funding Slumps 75% YoY to $2.8 billion

In terms of funding from investors, the Indian startup industry has been hit by macroeconomic challenges. According to Tracxn Geo Quarterly Report: India Tech – Q1 2023, Indian startup raised $2.8 billion in Q1 2023, a 75% decrease from the same period a year earlier ($11.9 billion). As a result of rising inflation and interest

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Energy Energy & Environment Food & Drinks New startups Science & Technology State & Urban

Meet a startup that turns air into ‘Green’ water and sells it at ₹4 per liter

More than half of those in India lack access to clean water, and fluoride affects more than 10 million Indians. Remote areas often lack access to clean drinking water and people walk miles to get it. Drinking water for rural areas comes from groundwater, which is now at an accelerating rate leading to wells drying

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Cloud Computing Data & Security Funding New startups Press Releases Science & Technology Technology

Coralogix raised $142M Series D Funding to expand presence in India

Coralogix, a company using streaming analytics to rebuild the path to observability, today announced it has raised a $142 million Series D funding round, bringing the company’s total amount raised to $238 million. A significant portion of the proceeds from the round will be used for the company’s expansion plans, especially its India and APAC go-to-market teams. Additionally

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Business Economic & Finance Fintech Funding Press Releases

PROSUS AGREES ACQUISITION OF BILLDESK BY PAYU FOR US$4.7bn

Acquisition of BillDesk will see PayU India become one of the leading online payment providers globally, handling a total payment volume (TPV) of US$147 billion Deal will bring Prosus’s cumulative investment in Indian tech to more than US$10bn Prosus CEO: “Payments and fintech is a core segment for Prosus, and India remains our number one

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Automobile Funding New startups Press Releases Technology Vehicle

This technology-first cab branding startup, receives investor backing despite COVID-19 blues

Mumbai-based AdTech startup Wrap2Earn Technologies has announced the conclusion of its recent funding round to support its ambitious expansion plans. Founded in 2017 by Elmer Dsilva & Manuel Fernandes, Wrap2Earn is a street-level “moving billboard” media platform which connects advertisers with cab drivers to create cost-effective and high-impact, on-vehicle advertising campaigns. Since its inception, the

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