VENTURE CATALYSTS

Autocracy Machinery cater to multiple sectors such as agriculture, telecommunications, landscaping, civil engineering and infrastructural development. The Hyderabad-based company will use the funding to enhance its research and development capabilit...

Silicon Valley investor General Catalyst has acquired Indian early stage fund Venture Highway. More on this in today’s ETtech Top 5.

Venture capital fund General Catalyst is acquiring India-focussed early-stage investor Venture Highway to strengthen its India presence. As part of this move, Venture Highway—which has backed unicorns like Meesho and Moglix—will cease to exist and w...

Ankit Kumar, founder and CEO of Skye Air said this fresh funding will help the company to expand its last-mile network across Gurugram and other cities for various service like healthcare, ecommerce. Kumar added he is hopeful that his company will b...

Skye Air, a drone delivery logistics solution provider, raised $4 million to expand its last-mile network in Gurugram and other cities for healthcare, e-commerce, and quick-commerce deliveries.

New-age startups raised $817.2 million in May 2024, up 62% from last year, with top investor Venture Catalysts leading funding rounds for startups like Zypp Electric.

AbleCredit raised $1.25 million in a seed round led by Merak Ventures to address the credit gap in emerging nations using innovative AI solutions, aiming to process one million loan applications for small businesses.

Zypp Electric confirmed funding from Eneos as part of a larger $40 million round. Existing investors like 9unicorns and IAN also participated in the fundraising. The company's revenue increased threefold to Rs 325 crore in 2023-24.

The Fintech and Financial Services sector has grown exponentially in the last few years, and yet much more is to be achieved. In India, the sector contributes nearly one-third of the GDP and $1.3 trn in market cap. Additionally, disruptive products ...

The solar project will have a total size of 14.4 megawatts, which will provide a local solution to power the company’s offices and the two retail stores in Mumbai and New Delhi, the Cupertino-based smartphone major said in a statement.

JJG Aero secures $12 million funding from CX Partners for expansion. Anuj Jhunjhunwala aims for growth with 35% annual increase. OEMs and tier-1 vendors in US and Europe served. Hyderabad-based Jeh Aerospace also receives $2.75 million funding.

This fund will invest in early and growth stage startups with ticket sizes between Rs 2-8 crore in early stages and Rs 15-40 crore in growth stage series A and B rounds.

General Catalyst led the funding round, with participation from existing investors Rally Ventures and Costanoa Ventures. The company, which was founded in Australia in 2012 but is now headquartered in both San Francisco and Sydney, declined to discl...

The Gurugram-based company will use the funds to expand across states, improve its loan book, enhance its technology and IoT stack, and hire new talent, it said.

Stan had earlier raised $2.5 million in a funding round led by US-based venture capital firm General Catalyst in May 2022, it said in a statement. General Catalyst also took part in the latest round.

The funds will be deployed to build infrastructure, fuel growth and set up a team, the Hyderabad-based firm said in a statement on Wednesday.

The fresh capital will be allocated towards fulfilling working capital requirements associated with its existing drone orders, the company said.

The funds will be used to expand the team size, currently at seven, in product and system development and in marketing its games. QuriousBit did not disclose the valuation at which the firm raised the funds.

Venture Catalysts (Vcats) exited its investment in Koovers after the latter’s acquisition by Schaeffler India Ltd, an industrial and automotive parts maker and listed subsidiary of German automotive major Schaeffler Group, in August 2023.