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APPSFORBHARAT FUNDING
Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purseFundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm ...
- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- AI becomes spiritual guide for customers on devotional appsSpiritual and devotional platforms like AppsForBharat, Utsav and Bhagva, along with astrology startup Vaya, are increasingly turning to art...
- ETtech Deals Digest: Startups raise $221 million this week, down 45% on-yearThe funds were raised through 19 deals, compared to 48 in the year-ago period.
- AppsForBharat raises $20 million in round led by Susquehanna Asia Venture CapitalNandan Nilekani’s Fundamentum, Elevation Capital and Peak XV Partner also participated in the funding for the parent company of the devotio...
- Leap of faith: Spiritual apps on global quest target Indian diasporaDevotional apps like AppsForBharat, Vama.App, and Utsav expand globally, targeting the Indian diaspora with digital rituals and ecommerce. ...
- ETtech Deals Digest: Startup funding drops 61% on year to $128 million this weekThis week, startups raised funding through 20 rounds compared to 31 in the year-ago period, when they raised a total of $327 million, accor...
- Swiggy’s IPO upsized; ET Startup Awards 2024 nomineesSwiggy is likely to increase the primary share sale size in its upcoming IPO. Details on this and more in today’s ETtech Top 5.
- AppsForBharat raises $18 million funding led by FundamentumSusquehanna Asia VC, and existing investors Elevation Capital, Peak XV Partners, and Mirae Asset VC also participated in the funding round ...
- Ram Mandir: Ayodhya puts spiritual apps on a growth curveAhead of the Ram Mandir consecration in Ayodhya, religious and spiritual apps such as Vama, DevDham, UtsavApp, SriMandir are witnessing a m...
- Influencers cry foul over delayed pay at Trell; 100 more staff leave firm amid troublesAbout 100 employees of Trell have either voluntarily left or been laid off from the company over the last two months, a source familiar wit...
- Investors buy Trell’s stake in AppsForBharat for $9 million as startup struggles for cashThe secondary transaction saw Mirae Asset and Middle-East based MSA Novo buy shares from Trell, amounting in all to around $9-10 million as...
- Trouble-hit Trell gets a lifeline; crypto trading volumes dip amid new tax lawsTrell, which has been under a probe for financial irregularities, has sold around 10% stake in AppsForBharat to one of its existing investo...
- Trell cofounder Sachan sold full stake in company last year, says no longer involvedSachan said he first diluted the majority of his equity in Trell by transferring it to the management stock options plan (Msop) in December...
- Infra.Market hid Rs 224 crore of income, I-T probe finds; cofounder distances himself from TrellOn Sunday, the department said in a press statement that it has found evidence of attempted tax-evasion at “a startup based in Pune and Tha...
- Trell to lay off hundreds of employees amid probeET was the first to report about an ongoing investigation into the company's books of accounts on March 12.
- ETtech Deals Digest: Skit, Bikayi raise funds; Prosus acquires BillDeskIndia's startup ecosystem witnessed smaller funding rounds this week.
- AppsForBharat raises $10 million from Elevation Capital, othersAppsForBharat, a product studio for spiritual and devotional content, will use the funding to create content intellectual property, build t...
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