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MOUNTTECH GROWTH FUND
Deeptech imaging startup Optimized Electrotech raises $6 million from Blume Ventures, Mela Ventures, othersThe funds will support AI-powered imaging solutions for surveillance and international expansion. Optimized Electrotech serves defence and ...
Equentis Wealth Advisory unveils AIF to back startups in defence, consumer tech, logistics, fintechThe Mumbai-based wealth management firm’s Rs 500 crore fund will cut cheques of Rs 4-10 crore for 40-50 startups. The company's founder and...
Swiggy’s Rs 5,085 crore raise ahead of IPO; PB Fintech’s financialsThe anchor portion of Swiggy's initial public offering (IPO) closed on Tuesday. This and more in today’s ETtech Morning Dispatch.
Ex-defence secretary Ajay Kumar’s VC fund to invest in spacetech firm GalaxEyeThis marks Mounttech’s maiden investment since its first close in July this year. On September 22, ET reported that the fund raised Rs 400 ...
Former defence secretary Ajay Kumar joins VC play with early-stage fundAjay Kumar, a former bureaucrat who retired as India’s defence secretary in 2022, has set up a new venture fund, Mounttech Growth Fund, to ...
Uptick in IT hiring; ex-bureaucrat turns VCHappy Monday! IT hiring has shown a glimmer of hope in Q1. This and more in today’s ETtech Morning Dispatch.