IvyCap Ventures
The Best Startup Funding This Week [May 11–May 17]
The startups that have raised the most money this week, from May 11 to May 17, are listed here. Here's a quick rundown of them:
Cold-chain Marketplace Celcius Logistics Raises INR 40 Cr in Pre-Series B Led by IvyCap Ventures
The Mumbai-based platform aims to deploy the fresh funding to expand its market reach across transportation and warehousing and reach over 500 cities in the next year.
5 Venture Capitalists Who Recently Closed Their Funds
Here are the India-focused VCs that announced the closing of their funds.
Early-stage VC IvyCap Ventures Announces the Final Close of its Fund III at INR 2,100 Cr
With an average initial investment of INR 30 crore to INR 50 crore, the fund intends to invest in roughly 25 companies in Series A.
Dhruva Space Secures USD 9 Mn Funding from IAN Alpha Fund, Technology Development Board, and Others
The Hyderabad-based platform aims to deploy the raised funds for upcoming spacecraft manufacturing facilities, strategic business acquisitions, and enhancing product offerings.
AI Music Startup Beatoven.ai Raises INR 11 Cr in Pre-Series A
The Bengaluru-based startup aims to use the raised funds to enhance overall user experience and develop a scalable go-to-market strategy.