July 10, 2024, 1:42 am

Care.fi Raises $2.6 Million From Trifecta Capital, UC Inclusive Credit

Care.fi, a healthcare focused fintech startup has secured $2 million in debt capital from Trifecta Capital as well as an additional $0.6 million (Rs 5 crore) from UC Inclusive Credit. 

Co-founded by Sidak Singh and Vikrant Agarwal in the year 2021, Care.fi is a fintech company offering smart financing solutions to hospitals, doctors, and allied suppliers. It helps to bridge the gaps in funding within the healthcare industry. The company addresses the financial needs of healthcare professionals and institutions, facilitating smoother operations and accelerated growth.

 

Source : The Startup Lab

July 10, 2024, 1:41 am

SIDBI and BluSmart launched electric cars under the EV4ECO initiative, with esteemed dignitaries present. Under this scheme, SIDBI leverages its expertise to provide financial and developmental support in environmentally friendly sectors, reducing perceiv

July 8, 2024, 2:45 am

Indian startups raise nearly $176 million across 16 deals in first week of July

July 8, 2024, 2:45 am

June quarter brings cheer to start-up funding recording a eight-quarter high

After almost a two-year lull in venture capital (VC) deals, April-June 2024 clocked 200 deals totalling to $3.6 billion, as per data sourced from Venture Intelligence. This represented a 71 per cent increase in investment value from same quarter last year with the deal flow also rising from 189 deals. On a sequential basis too, investment value rose 80 per cent from the March 2024 quarter.

Source : The Hindu Business Line

July 8, 2024, 2:43 am

B2B healthtech startup Watch Your Health raises $5 million from Cornerstone Ventures, Conquest Global

B2B healthtech platform for insurers and pharma companies Watch Your Health has raised $5 million funding from early-growth stage venture capital firm Cornerstone Ventures and Singapore-based investment firm Conquest Global, the company announced on Tuesday.

 

Source : Financial Express

July 8, 2024, 2:43 am

Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups

On Tuesday, the 24-year-old firm announced that it raised a $900 million early-stage hybrid fund for investing in emerging managers and directly backing breakout growth-stage companies alongside their managers. The fund will also buy a secondary interest in emerging managers from other limited partners.

This is Industry Ventures’ seventh hybrid fund, and it’s more than 50% larger than its predecessor, a $575 million vehicle raised in 2021.

 

Source : Tech Crunch

July 8, 2024, 2:41 am

VC funding into Indian startups rises by 45% in H1 2024

In the first six months of 2024, venture capital (VC) funding into Indian startups showed all the signs of a steady upward trajectory, as it rose by 45% compared to the preceding six months between July and December 2023.

 

Source : YourStory