SATYA MicroCapital raises Rs 72.5 Cr from BlueOrchard Finance
The debt funding will instil a boost in scaling up SATYA’s operational base while continuing to develop innovative credit offerings and complete end-to-end business processes for their valuable clients.
IIT startup raises Rs 22Cr to launch wearable that detects COVID-19 symptoms
IIT-Madras-incubated startup Muse Wearables has raised Rs 22 crore to launch its wrist tracker that can detect COVID-19 symptoms at an early stage. Priced at Rs 3,500, the wearable will be available in 70 countries by next month.
Electric scooter manufacturer Ather Energy raises Rs 84 Cr from Hero MotoCorp
With this funding, Bengaluru-based Ather is now entering an aggressive expansion phase on the back of its flagship product, the Ather 450X, and looking to scale to 20 cities by the end of 2021.
Electric vehicle startup Simple Energy in talks to raise $1M
The funding will be utilised for testing and certification of its 280-km range scooter as the company seeks to secure ARAI approval for its maiden offering by December, before the proposed launch in February-March next year.
Content startup WYN Studio pulls in seed funding
WYN (What’s Your Narrative) Studio, a content startup focussed on video and audio concepts, has raised seed funding in a round led by the India Angel Fund.
SaaS Unicorn Freshworks Bags $85 Mn From Steadview Capital
The transaction had closed this round in January 2020, two months after raising $150 Mn at $3.5 Bn valuation. Freshworks aims to go public by July 2021 and may list itself on NASDAQ. Steadview has invested over $2 Bn in Indian companies like Ola, Nykaa and others