Harsh Mandavia August 23, 2024 • Estimated Reading Time: 2 minutes
Fabrication Bazar raises $3 Mn in pre-Series A
Ben & Gaws Private Limited, which runs the manufacturing tech startup Fabrication Bazar, has raised $3 million in its pre-Series A round
Fintech startup Axio raises $20 million funding from Amazon Smbhav Venture Fund
Earlier, Axio had raised $137 million in equity and $671 million in debt. In 2021, it received $50 million in equity funding led by Lightrock India, besides existing and new investors for a post-money valuation of $201 million. The new funds will be used to drive growth, scale lending, expand use cases for checkout finance, and introduce more credit products to customers.
Ahmedabad-based micro VC firm Volt VC launches Rs 45 crore inaugural fund
Ahmedabad-based micro venture capital firm Volt VC has launched its first fund, Volt VC Fund-1, with a target corpus of Rs 45 crore. The inaugural fund is designed to support consumer-centric startups in India, specifically at the pre-seed stage.
VC Fund Chiratae Ventures Launches 2024 Sonic Program to Boost Early-Stage Indian Tech Startups
The 2024 edition of Chiratae Sonic has expanded its funding scope, inviting applications from companies seeking to raise up to $2 million.
Startup news and updates: Daily roundup (August 23, 2024)
YourStory presents daily news roundup from the Indian startup ecosystem and beyond.
The Great Indian Startup Summit, 13th September 2024 - Bangalore, India
The summit features six insightful panel discussions on D2C, AI, Fintech & Banking, Content & Community, and the Future of Business. Speakers from : V3 Ventures, Nexus Venture Partners, Anthill Ventures, Razorpay, ah! Ventures and more.