Bengaluru-based deep tech startup Astrome has raised $10 million to scale up operations and deepen its innovation in next-generation wireless connectivity and satellite communication technologies. The company plans to invest the capital in business development, sales expansion, and new product launches in both terrestrial and space tech markets. “A significant portion of the fundraise is […]
Fintech startup Navadhan secures ₹111 crore Series A funding for geographic and tech expansion – CNBC TV18
Rural fintech firm Navadhan has secured ₹111 crore in a Series A funding round led by NabVentures, the venture capital arm of NABARD. The company plans to strategically use the funds to enhance its AceN tech platform and drive business growth. “We have a very calibrated growth plan in terms of what we want to […]
Grow Indigo secures $10 million to expand carbon farming across India – CNBC TV18
Agritech firm Grow Indigo has secured a $10 million investment from British International Investment (BII), a move that will significantly scale its carbon farming operations and enhance its reach among Indian farmers. The funding is set to deepen the company’s presence across the country while strengthening its sustainability-focused initiatives. Usha Barwale Zehr, Executive Chairperson and […]
Multiples PE bullish on long-term India story, doubles down on tech and emerging consumer trends – CNBC TV18
Despite recent market volatility and shifting investor sentiment, Multiples Alternate Asset Management remains steadfast in its long-term investment strategy, particularly its focus on technology-driven businesses and emerging consumer trends in India, according to Managing Director Sridhar Sankararaman. Speaking to CNBC-TV18, Sankararaman emphasised that Multiples operates with a five-to-seven-year investment horizon, making near-term market corrections less […]
Everhope Oncology to open cancer treatment centers in Delhi, Mumbai; aims to expand to 10 cities with $10 million in seed funding – CNBC TV18
Narayana Health, W Health Ventures, and 2070 Health have joined forces to launch Everhope Oncology, a chain of medical and surgical oncology centres aimed at bringing cancer treatment closer to patients. With $10 million in seed funding, Everhope will set up facilities in Delhi and Mumbai, with plans to expand to 10 cities over the […]
India ranks third in global startup funding with $2.5 billion raised in Q1 2025: Tracxn – CNBC TV18
India’s startup ecosystem continued its growth trajectory in the first quarter of 2025, securing $2.5 billion in funding and ranking third globally, behind the US and the UK, according to Tracxn’s latest Geo Quarterly India Tech Report. However, in a notable shift, Delhi surpassed Bengaluru in total funding for the quarter, marking a key change […]
Rangsons Aerospace secures ₹300 crore funding to boost R&D, manufacturing, and infrastructure – CNBC TV18
Rangsons Aerospace, a tier-I partner to major global aviation and aerospace OEMs, has raised ₹300 crore from ValueQuest Investment Advisors to drive its expansion plans. The funds will be utilised for research and development, manufacturing, engineering team expansion, and infrastructure development. “We need a lot of organic expansion. The money will go into both R&D, […]
India needs to unlock domestic capital for sustained startup growth, say industry leaders – CNBC TV18
India’s startup ecosystem is booming, having raised over $12 billion in 2024. However, a significant challenge remains—85% of this capital has come from overseas investors, while domestic contributions stand at a mere 15%. To sustain long-term growth, industry leaders are calling for increased domestic investment, regulatory reforms, and faster funding processes. According to Sanjeev Bikhchandani, […]
FluxGen secures ₹28 crore pre-Series A funding to expand across India and Middle East – CNBC TV18
Climate tech company FluxGen has raised ₹28 crore in a pre-Series A funding round, a move that will fuel its expansion across India and the Middle East. “We already have over 100 customers – companies like Tata Group, Aditya Birla, Microsoft. So, with this fundraise we want to scale across the country and across the […]
Dogsee Chew secures $8 million in Series B funding, aims to double production capacity in 12-months – CNBC TV18
Natural pet treat brand Dogsee Chew has raised $8 million in its Series B funding round, led by Ektha.com, with additional participation from promoters, Shivanssh Holdings, and Poddar Family Office. The funding brings the company’s total capital raised to $22 million to date. Bhupendra Khanal, Co-Founder & CEO of Dogsee Chew, outlined the company’s strategic […]