Equalifi releases Inaugural Edition List of 'Indian Alternative Investment Thought Leaders 2024'
Vijayawada aquaculture startup raises 50 Crore INR in Series A Funding
AquaExchange, a Vijayawada-based aquaculture technology and fintech startup, has raised $6 million (nearly Rs 50 crore) in Series A funding. This round of funding was led by Ocean 14 Capital with participation from existing investors including Endiya Partners and Accion Venture Labs. According to its representatives, the funding received by AquaExchange will be used to scale adoption of the company’s full-stack business model, including farm automation, crop financing, and harvest procurement.
Source : Times of India
Vineet Sukumar, Founder & MD, Vivriti Group, has been honored with the title of
Insurtech startup Bharatsure raises $1 million led by VC fund Capital-A
Insurtech startup Bharatsure raised $1 million led by early-stage venture capital (VC) fund Capital-A along with participation from Grip Invest and existing investors such as Inflection Point Ventures, Dexter Ventures, HEM Angels, and We Founder Circle.
“This fresh capital injection will further fuel our mission to democratise group insurance, making it accessible and affordable for organisations and groups across the country,” said Anuj Parekh, co-founder and Chief Executive Officer, Bharatsure.
Source : Business Standard
Fintech firm FinAGG Technologies raises $11 million funding in Series A round co-led by Blue Orchard, Tata Capital
Fintech startup FinAGG Technologies has raised $11 million in its Series A round of funding led by co-led by global impact investment manager BlueOrchard and Tata Capital Limited.
Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners also took part in the fresh round.
Apart from this, FinAGG secured an additional half a million dollars from Gray Matter Capital through Non-Convertible Debentures (NCDs) to empower women entrepreneurs financially, FinAGG's spokesperson told Zeebiz.com.
Source : Zee Business
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Amicus Capital hits first close of second fund at $146 mn
The fund plans to invest $10-30 million each in 10-12 middle market companies across five key sectors—financial services, consumer, healthcare, technology & business services, and specialty manufacturing, a company statement said.
Source : Live Mint
Acumen and GSG join the HRI Alliance
Humanitarian & Resilience Investing Initiative to drive $15B in #impactinvesting for climate and humanitarian resilience in frontier markets. It is an initiative by World Economic Forum, supported by 50+ organisations.
Greenviro Global Private Limited wins the Sustainability Champion Award at the National Startup Awards 2023.
Ajaita Shah has been honoured with the prestigious Schwab Award for Social Entrepreneurshi
Ajaita S., has been honoured with the prestigious Schwab Award for Social Entrepreneurship for her work in Frontier Markets (FM), an organisation dedicated to sustainable change at the rural last mile. FM has empowered 20,000 Sahelis, helping 5 million women access essential solutions and financing, resulting in a substantial $30 million in income.
Healthcare startup CureBay raises Rs 62 crore in funding round led by Elevar Equity
“The company aims to focus on driving profitability and data monetisation by investing in recurring revenue streams such as its membership programme and building its data practice - both in technology and on the go-to-market front,” it said in a statement.
The funding amount will be used to hire more than 200 professionals including data scientists, healthcare experts across diagnostics and pharmacy, according to a press statement from the startup.
Source : Economic Times