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MoEVing, an electric vehicle startup, raises $5 million to expand its fleet to 10,000 vehicles

MoEVing, an electric vehicle startup, raises $5 million to expand its fleet to 10,000 vehicles

by Capital Group | May 11, 2022 | Initiatives

MoEVing, an electric vehicle startup, has raised $5 million in a follow-on initial investment round that includes both stock and debt money. BeyondTeq, GCC family offices, Strides One, TradeCred, N+1 Capital, and Nitish Mittersain of Nazara Technologies were among the...
Unicorn India Ventures and other investors contribute Rs 3.26 crore to ForeignAdmits

Unicorn India Ventures and other investors contribute Rs 3.26 crore to ForeignAdmits

by Capital Group | May 10, 2022 | Initiatives

ForeignAdmits, an overseas study help firm based in Bengaluru, has raised Rs 3.26 crore from Mumbai-based early-stage fund Unicorn India Ventures (UIV) and other investors. The round included Beerud Sheth, founder of Gupshup, Zishaan Hayath, founder of Toppr, and...
Startups in the education and health sectors have the potential to transform India, according to President Kovind

Startups in the education and health sectors have the potential to transform India, according to President Kovind

by Capital Group | May 9, 2022 | Initiatives

The entry of unicorns and startups into sectors such as health and education might be a game-changer for India in terms of job creation and revenue production, according to President Ram Nath Kovind. While inaugurating the permanent campus of the Indian Institute of...
Garuda, a drone startup, received global funding over 8,000 orders from Malaysia and the UAE

Garuda, a drone startup, received global funding over 8,000 orders from Malaysia and the UAE

by Capital Group | May 6, 2022 | Initiatives

Garuda Aerospace, a drone startup, has raised an undisclosed sum in a Pre-Series A fundraising round led by Ocgrow Ventures. The round was also attended by a few super angels from the global investment banking circles. According to sources close to the firm, the...
FREED, a fintech startup, has received funding from Inflection Point Ventures and others

FREED, a fintech startup, has received funding from Inflection Point Ventures and others

by Capital Group | May 5, 2022 | Initiatives

FREED, a Gurugram-based finance firm, has raised $2.8 million in a Pre-Series A investment led by Inflection Point Ventures.Multiply Ventures, Chandigarh Angels Network, Lead Angels, Hyderabad Angels, The Chennai Angels, and a group of high-net-worth people...
Zepto is on the verge of becoming a unicorn, with $200 million in funding

Zepto is on the verge of becoming a unicorn, with $200 million in funding

by Capital Group | May 3, 2022 | Initiatives

Kiranakart Technologies Pvt. Ltd, the company behind Zepto, a 10-minute grocery delivery platform, has raised $200 million in a Series D fundraising round spearheaded by Y Combinator’s Continuity Fund, which valued the company at $900 million. In addition to...
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