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Magma raises $3 million led by GVFL; Capria Ventures, others also contributedIn a significant boost to its ambitions, Magma, an innovative player in the industrial solutions sector, has announced it has secured $3 mi...- DriveU cofounder Ashok Shastry steps down after decade of serviceDriveU cofounder Ashok Shastry has stepped down from his day-to-day role after a decade. He remains on the board of directors. Shastry bega...
- On-demand driver service platform DriveU logs 22% rise in FY25 revenue; net profit rises to Rs 1.7 croreAccording to CEO Rahm Shastry, it will focus on improving its presence in one of its major markets, Bengaluru. The company’s profit after t...
- Pet care startup Petjio World in talks to raise $1.5 million seed fundingPet care startup Petjio World is seeking $1.5 million in its first institutional funding round, engaging with VC firms and family offices t...
- B2B industrial solutions provider Magma raises $5 million from Capria Ventures, othersMagma, a B2B industrial solutions provider, has raised $5 million in a round led by Capria Ventures, with participation from General Cataly...
- ETtech Deals Digest: Startup funding plummets 49% YoY to $108 million this weekThe funds were raised by startups, mostly in the seed and early stages, through 17 rounds, compared to 26 rounds in the same period of the ...
- Agritech startup Agrizy raises $9.8 million in funding led by Accion, OmnivoreAgrizy, an agritech startup, secured $9.8 million in funding from Accion and Omnivore, along with other investors. The capital will be inve...
- Tech-enabled construction startup Wify raises funding from Mount Judi Ventures, Capria VenturesThe Mumbai-based on-site installation and post purchase services provider said it will use the funds to penetrate deeper into existing cate...
- Supermoney bags $3.4 million in funding round led by Capital 2B, Capria VenturesThe SME-focused digital lending platform will use the funds to expand its loan disbursement and operational efficiencies.
- Swiggy’s confidential IPO filing; Blinkit’s rising valuationSwiggy has confidentially filed draft IPO papers with the capital markets regulator. Details on this and more in today’s ETtech Top 5.
- Capria Ventures announces final close of India Opportunity Fund at Rs 153 croreCapria Ventures concluded the Rs 153 crore fundraising for the India Opportunity Fund. The fund, which had invested in Awign in February la...
- Mynavi buys majority stake in AwignMynavi Corp acquires majority stake in Awign, leading to exit of early backers. Awign aims for long-term growth, focusing on scaling operat...
- ETtech Deals Digest: Startup funding down 41% to $53 million this week, volume stays flatAccordingly, deal density in the latest week went down to about $3 million per deal. During March 30 to April 5, 2023, startups had raised ...
- Indonesian startup Wagely raises $23 million in equity-debt mixThe equity portion of the round is led by Capria Ventures, which has invested in the likes of social networking platform, ShareChat, edtech...
- Affiliate venture funds Unitus, Capria to operate under single brandThe unified entity, Capria Ventures, will increase its focus on generative artificial intelligence (GenAI) and plans to invest than 75% of ...
- Capria opens $100-million Global South Fund IIThe new fund will focus on investing in 20-25 tech startups in the entrepreneurial hotspots of India, Southeast Asia, Latin America, the Mi...
- BetterPlace acquires Microlearning Platform Oust Labs to digitally upskill 100 million workersOust Labs is a pioneer in micro-learning platforms, having built a proprietary methodology of delivering learning outcomes through its mobi...
- BetterPlace raises $24 million funding led by Jungle Ventures, CX PartnersThe company will use the fresh funds to continue to invest in technologies and products to support its exponential growth as well as aggres...
- T-Hub wins Startup India, DPIIT’s bid to lead a program for 30 incubatorsFive applications were shortlisted for this bid, and T-Hub was selected based on its rich and successful experience of running various prog...
- Jumbotail raises Rs 90 crore in Series B fundingThe company said that it would use the funds to invest in artificial intelligence driven operational excellence in supply chain.
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