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News and Trends

Funding in Focus: Major Startup Deals to Watch This Week (Sept 27–Oct 4)

This week, the startup ecosystem witnessed a flurry of funding activities, with several innovative companies securing significant capital to fuel their growth. Here's a closer look at the standout funding rounds that demonstrate the dynamism and potential across diverse sectors.

News and Trends

Fintech Firm BASIC Home Loan Bags USD 10.6 Mn to Drive Innovation in Underserved Housing Market

Mortgage distribution platform plans to use the fresh funding to broaden market reach, develop its lending portfolio, and strengthen technological expertise.

News and Trends

Convin Raises USD 6.5 Mn to Boost Team, Distribution, and AI Innovation in Southeast Asia

The Series A funding round was led by India Quotient, with participation from JSW Ventures and existing investors Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns.

News and Trends

Ex-Alibaba and 9Unicorns Executives Launch INR 1,000 Cr VC Fund PROMAFT Partners

The sector-agnostic fund will invest in companies with proven product-market fit, making 10-12 strategic investments annually with 2-3 deals each year.

News and Trends

Wipro Consumer Care-Ventures Invests in Premium Snack Brand Let's Try

Founded in 2021 by Nitin Kalra, Let's Try is a Delhi-based company offering premium-quality snacks that cater to the traditional tastes of Indian consumers.

News and Trends

Indian Cricketer Rohit Sharma Backs Edu-Fintech LEO1 with Strategic Investment

Over the last three years, the Mumbai-based company has raised USD 35 million (about INR 291 crore) through two investment rounds.

News and Trends

Dubbing Platform dubpro.ai Raises USD 500k from Venture Catalysts, 9Unicorns and Others

Noida-based dubpro.ai provides innovative AI-driven dubbing solutions that allow creators and businesses to easily localise their video content.