Indian Beehive
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Through AgriManch accelerator, FAAD Capital invests in four agritech startups
As part of their AgriManch accelerator program, early-stage venture capital firm FAAD Capital has made four strategic investments totaling $121,000…
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IPO-bound Unimech Aerospace raised $30 M maiden funding from multiple investors
As part of its private placement round, Unimech Aerospace has raised Rs 250 crore ($30 million) from Steadview Capital Mauritius…
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Nykaa to issue non-convertible debentures to raise $15 M
Nykaa, an online marketplace for fashion and beauty products, is using non-convertible debentures to raise Rs 125 crore, or roughly…
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Education finance firm Auxilo raised additional $12 M debt funding
The non-banking financial corporation (NBFC) Auxilo, which focuses on education, has raised debt financing totalling Rs 100 crore, or about…
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Co-working startup Incuspaze raised $8 M maiden funding from IIFO, others
In its first fundraising round, workspace solution provider Incuspaze raised about $8 million, with the India Inflection Opportunity Fund (IIOF)…
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Wealthtech startup Stable Money raised $15 M from RTP Capital, others
RTP Capital, Lightspeed India, and Matrix Partner have contributed over Rs 123 crore, or approximately $15 million, to the wealthtech…
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Zomato anticipates paying its delivery partners Rs 40 Cr tax refund
For its delivery partners to receive reimbursements for the 1% TDS (tax deducted at source) on delivery payouts, Zomato has…
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Tech lending platform Moneyview to raise funds in Series F round, to turn unicorn
According to two people with knowledge of the ongoing discussions, Bengaluru-based Moneyview, a tech-enabled lending platform, is expected to become…
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Edtech startup Bluelearn ceased operations, to return 70% capital
The social learning platform Bluelearn declared on Sunday that it was closing since it was difficult for the business to…
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ESOP buyback announced by Adda247 for over 130 employees
The first-ever employee stock ownership plan (ESOP) buyback for more than 130 employees in a variety of roles and functions…
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