Page 5 - Fundings

All in Capital targets closing its second fund in next three months

With an estimated corpus of $25 million, the VC firm plans to invest in 45-50 startups over the next three years in sectors like consumer-tech, artificial intelligence, and deeptech

Elev8 Venture Partners closes ₹1,400 cr fund despite global VC slowdown

India-focused fund attracts investors from Korea to Hong Kong as venture funding hits multi-year lows

NCDEX secures ₹500 cr funding, Citadel and Tower Research among investors

NCDEX has raised over Rs 500 crore with Citadel, Tower Research, Groww and JM Financial among investors as the exchange prepares to enter the equities market

Funding cuts will push millions towards starvation, says UNWFP's Carl Skau

India should scale up funding to supplement the fund crunch, says Carl Skau

Foreign investors slash India allocations in July, shift to China & Korea

Most emerging market funds are underweight on India, according to Nomura

Earnings recovery can revive value funds, invest with 5-year horizon

Allocation to these funds is essential for style diversity within portfolio

Indian AI founders tapping global capital, building international products

While there is a well-developing local market in India, US customers are more eager to try new products and are willing to pay for them, says Krishna Mehra, AI partner at Elevation Capital

Gem Aromatics raises ₹135 crore from anchor investors ahead of IPO

Gem Aromatics, a manufacturer of speciality ingredients, on Monday mobilised over Rs 135 crore from anchor investors, ahead of its initial public offering (IPO) opening for subscription. Some of the institutions that participated in the anchor round includes Citigroup Global, Societe Generale, Goldman Sachs, Nippon India Mutual Fund, SageOne, Nuvama, and Niveshaay Sambhav Fund, according to a circular uploaded on BSE's website. As per the circular, the company has allocated 41,65,383 equity shares at Rs 325 per piece to anchor investors, aggregating the transaction size to Rs 135.37 crore. The Rs 451-crore IPO would open for subscription on August 19 and conclude on August 21. The price band has been set at Rs 309 to Rs 325 per share. The IPO is a mix of fresh issue of equity shares worth up to Rs 175 crore and an offer for sale (OFS) of up to 85 lakh shares valued at Rs 276.25 crore. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corpor

Patel Retail raises ₹43 crore from anchor investors ahead of IPO

Supermarket chain Patel Retail Ltd on Monday collected over Rs 43 crore from anchor investors, ahead of its initial public offering (IPO) opening for subscription. The investors participated in the anchor round included Chanakya Opportunities Fund, BNP Paribas Financial Markets, Maybank Securities, Beacon Stone Capital, Saint Capital Fund and Pine Oak Global Fund, according to a circular uploaded on BSE's website. As per circular, the company allotted 17.04 lakh equity shares to investors at Rs 255 apiece, aggregating the fund raising to Rs 43.46 crore. The company's IPO -- a mix of a fresh issue of 85.18 lakh shares and an offer for sale of 10.02 lakh shares of promoters -- will open for public subscription on August 19 and conclude on August 21. At the upper end of the price band, the company's public issue is expected to fetch Rs 242.76 crore. The company's shares will be available for subscription in the price band of Rs 237 to Rs 255 apiece. Proceeds from the fresh issuance w

PSU Funds: Govt spending could aid recovery, suited for high-risk takers

Allocate 5-10% in satellite portfolio with five-year horizon

Email startup Titan lands deal with GoDaddy to take on Google, Microsoft

The deal will integrate Titan's AI-powered email platform into GoDaddy's Professional Email service, potentially reaching millions of small businesses globally

Atomic Capital closes ₹400 cr first fund for early growth consumer startups

Venture capital firm to invest in 10-12 homegrown consumer and consumer-tech companies, with focus on capital-efficient, sustainable growth models

Ultraviolette raises $21 million in funding round led by TDK Ventures

Premium electric motorcycle manufacturer Ultraviolette on Tuesday said it has secured USD 21-million in a funding round with strategic investment from deep tech investor TDK Ventures. TDK Ventures is the corporate venture capital arm of Japanese firm TDK. "The investment round of USD 21-million saw strategic participation from TDK Ventures and strong continued backing from existing investors Zoho Corporation and Lingotto (previously Exor Capital) among other leading institutional investors," Ultraviolette said in a statement. Other investors in Ultraviolette include Sriharsha Majety (co-founder & CEO, Swiggy), Ankit Nagori (co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and actor Dulquer Salmaan, the company said. The partnership with TDK Ventures represents a pivotal step in Ultraviolette's mission to develop and scale globally competitive performance-oriented EVs, it stated. "We look forward to bringing our TDK

Fairdeal raises $3 mn in pre-series A funding to expand, deepen tech infra

B2B quick commerce platform to enhance tech infrastructure, widen Delhi NCR reach, and onboard more direct-to-consumer and regional brands with fresh funding

Graas.ai raises $9 million to expand AI agent platform Agent Foundry

Graas.ai secures $9 million in pre-Series B funding to expand Agent Foundry, its AI agent platform solving commerce challenges for D2C and marketplace brands

Xovian Aerospace raises $2.5 million to launch AI-native RF satellites

Funds will help the firm launch its maiden spacecraft on ISRO rocket, expand capacity, deploy nanosatellite and pilot its real-time RF sensing tech for customers by 2026

SuperGaming raises $15 mn Series B to take Indus Battle Royale global

Pune-based SuperGaming secures $15 mn in Series B funding at a $100 mn valuation to expand Indus Battle Royale to Latin America and scale game development capabilities

Lot of Indian-origin AI, deep-tech talent is moving abroad: Padmaja Ruparel

Deep tech and AI are extremely significant to us: these are emerging sectors with tremendous potential, says Ruparel

Chip startup SiMa.ai lands $85 mn to power AI robots, autonomous cars

SiMa.ai raises $85 million to expand its physical AI platform and support the robotics, automotive, and industrial markets with specialized chips and software

SAFE Security bags $70 mn to build AI tools for autonomous cyber governance

Backed by Avataar Ventures and others, SAFE to invest in agentic AI for real-time, autonomous cyber risk assessment as demand for boardroom-level solutions grows