Page 2 - Fundings

Ecofy raises ₹380 crore to accelerate retail green finance market

NBFC firm Ecofy on Monday said it has raised Rs 380.5 crore equity capital to expand its green finance business in the country. The funding round saw participation from two leading global DFIs -- British International Investment (BII), the UK's development finance institution and impact investor, and Finnfund Digital Access Impact Fund I (DAIF) managed by Finnfund, the Finnish development finance institution and impact investor who joined as new investors, Ecofy said in a statement. The investment reflects growing global investor confidence in Ecofy's differentiated, retail-led model, it said, adding that the round also saw continued commitment from existing investors Eversource Capital, a leading sustainable infrastructure investor. The growth capital will assist Ecofy's expansion across rooftop solar, electric vehicles, and SME financing, underpinned by a strengthened balance sheet, experienced leadership, robust governance frameworks, and a high-performance, purpose-driven ...

Drone-based logistics firm Skye Air raises $9 million in Series B round

Hyperlocal drone delivery platform Skye Air closes Series B funding, plans expansion into Bengaluru, Mumbai, Pune, Hyderabad, and Kolkata while enhancing its autonomous logistics technology

Blue Earth Capital backs Captain Fresh with €27 mn sustainability financing

Funding will help the seafood distributor expand global distribution while promoting traceable sourcing and reducing waste across the supply chain

Mozark raises $40 million to expand digital performance testing platform

Use proceeds for global expansion of its AI-enabled digital performance testing platform

Qcom enablement startup Inamo raises $8 million in Series A round

Quick commerce startup Inamo has raised $8 million in Series A funding led by Prime Venture Partners to expand its dark store network, accelerate brand onboarding, and scale technology and operations

SFO Tech raises ₹750 cr funding led by Trident Growth, Amicus Capital

The current capital-raise will be deployed to significantly expand manufacturing capacity over the next two years

AI-powered Cloud service provider Neysa to raise $1.2 bn via equity, debt

Blackstone and co-investors infuse $600mn in equity; Neysa to raise additional $600mn via debt

Tracking the shift: Urban local govts see a 230% rise in grant allocations

While the 16th FC has set a new record in allotting funds for ULGs, its counterparts in states continue to struggle. Archis Mohan writes

IDfy raises ₹476 crore to fund acquisitions and global expansion

Series F round led by Neo Asset Management will help risk and identity platform pursue acquisitions and strengthen its presence in key overseas markets

Olyv raises $23 mn in Series B led by Nandan Nilekani's Fundamentum

Online lending marketplace Olyv has raised $23 million in a Series B round led by Nandan Nilekani's Fundamentum to expand products across insurance, UPI and business loans

IIT Madras, Unicorn India Ventures launch ₹600 crore deep tech fund

The fund will look to build a portfolio of over 25 companies in IP-led, engineering-heavy startups in sectors such as robotics, spacetech, defencetech, semiconductors and medtech

Varaha raises $45 million in Series B round led by WestBridge Capital

Climate-tech firm to use fresh capital to expand globally, deepen science capabilities and scale biochar-focused industrial partnerships

Easy Home Finance raises $30 million in Series C led by Investcorp

Mortgage-technology lender plans pan-India expansion as investors double down on India's housing finance growth

IAN Alpha Fund invests ₹25 crore in D-Propulse to boost testing, R&D

D-Propulse is building an indigenous rotating detonation engine (RDE)-based propulsion system

SpotDraft raises $8 mn from Qualcomm Ventures in Series B extension round

Funds to deepen AI capabilities and expand enterprise presence across key global markets

Fintech Juspay raises $50 mn in Series D follow-on at $1.2 bn valuation

Funding round led by WestBridge Capital includes primary and secondary investment

Pharma & healthcare funds: Easing valuations, rising insurance aid outlook

Price controls by the Indian regulator, USFDA actions, and concentration risk are key concerns

Fintechs cornered $2.4 billion investments in 2025 as funding moderated

Fintech funding stayed muted in 2025 at $2.4 billion, with fewer deals, IPOs and acquisitions, reflecting sustained investor caution after the 2021 peak

CarDekho Group-backed Carrum raises Series A funding from Uber

The fleet management startup operates over 3,000 vehicles in several Tier 1 cities and aims to scale operations with the new capital

Liquidnitro Games raises $19.1 mn in Series A led by Northpoint Capital

The Hyderabad-based game production firm said the funding will help scale its AI-enabled production platform, expand partnerships through co-investments and grow its footprint across India