Funding News
Wellington Management may lead Porter’s $100 million round in logistics push
Porter entered the unicorn club after completing an internal round, where individuals bought shares from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion last year.
2 min read15 Apr 2025MoEngage taps Avendus to raise up to $180 million from new and existing backers
In 2022, the company raised $77 million in a Series E funding round led by Goldman Sachs Asset Management and B Capital at a valuation of $700 million.
2 min read14 Apr 2025Running on low, Pristyn’s negotiating a much smaller deal for its fitness arm
Pristyn Care has been looking to raise funds for Beatxp for a year. It’s now negotiating for a much smaller amount from investors, including existing backer Peak XV.The startup is also dealing with top-level exits, with its senior vice president of medical directorate being the latest to depart.
4 min read6 Apr 2025NxtGen picks Avendus for $300 mn fundraise
NxtGen’s services are particularly crucial at a time when tech giants and geopolitical groups are leveraging data from emerging economies, raising concerns about dependence on foreign cloud infrastructure.
3 min read4 Apr 2025Amid Ghibli image hype, OpenAI secures $40bn funding led by SoftBank, doubling valuation to $300bn—All you need to know
OpenAI has secured a $40 billion funding round led by SoftBank, valuing the company at $300 billion. This marks the largest financing round ever, nearly doubling its previous valuation and comes amid the hype around its Ghibli pictures rollout.
1 min read1 Apr 2025Angel investing in India: High rewards, high risks—how to navigate the landscape
India’s startup ecosystem is booming, attracting billions in funding. But with thousands of startups shutting down due to governance lapses and financial stress, angel investors must tread carefully. Here’s how they can mitigate risks and make informed investment decisions.
2 min read26 Mar 2025Shark Tank India takes home best reality show award at OTTplay Awards 2025 in Mumbai
Shark Tank India won the Best Non-Scripted Show and Best Reality Show at the OTTplay Awards in Mumbai.
1 min read23 Mar 2025Protectt.ai raises $8.7 mn in funding round led by Bessemer Venture Partners
Founded in 2020, Protectt.ai uses artificial intelligence (AI) as part of its offerings to not just monitor cyber threats, but also to patch out vulnerabilities within apps remotely, without the need for an update.
3 min read18 Mar 2025NaBFID in talks with the World Bank to boost infrastructure financing
The collaboration will leverage credit enhancement facilities to boost creditworthiness and unlock funding for infrastructure projects
4 min read9 Mar 2025Funding woes threaten farm water tech startups, say experts
Funding for startups has been a key focus area for the government.
3 min read28 Feb 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared