Smart Institute Bags USD 1.5 Mn From Ah! Ventures To Enhance Edtech Capabilities

New Delhi-based higher education company Shahani Group’s Smart Institute has raised USD 1.5 Mn in Series A round led by investment firm Ah! Ventures. Some high net worth individuals and family offices, names of whom Smart Institute did not reveal, also invested in the round. German Boutique Investment Bank and IED Investment Banking Group assisted with the fundraiser.

Source: INC42


Enterprise Tech

CarDekho Parent GirnarSoft Raises USD 40 Mn In Ongoing Series D Funding Round

Jaipur-based auto-tech company GirnarSoft, the parent company of CarDekho, BikeDekho etc, has raised USD 40.05 Mn in its ongoing Series D funding round.

Source: INC42


Co-Living Space

Coliving Startup ZoloStays Plans Entry Into New Cities With USD 7Mn Trifecta Investment

Bengaluru-based co-living startup, ZoloStays, has raised USD 7 Mn from venture capital firm Trifecta Capital in Series C. Previously, the company was in advanced talks with its existing investors to raise USD 100 Mn.

Source: INC42


Cyber Security

Cybersecurity Startup Kratikal Raises USD 1 Mn To Enhance Tech Infrastructure

Noida-based cybersecurity solutions provider Kratikal, on Wednesday, announced that it has raised USD 1 Mn in Pre-Series A funding led by Gilda VC, Art Venture, and Magnetic’s founder Rajeev Chitrabhanu. Additionally, Shangrila Infotech LLP, Equentia Natural Resources, Artha Ventures, LetsVenture, and angel investor Madhusudan Gopinath also participated in the round.

Source: INC42


Real Estate Tech

NoBroker Expands To Delhi NCR After Over USD 100 Mn In Funding This Year

Bengaluru-headquartered real estate platform NoBroker on Wednesday (December 4) marked its entry in Delhi. Since its launch in the city, NoBroker said it has already garnered 62K consumer registrations and over 27K listings on the platform. It has, thus far, facilitated over 1100 deals in the region.

Source: INC42



Ola Finally Gets USD 311 Mn From Hyundai, Kia To Intensify Electrification Drive

After a delay of over six months, South Korean automobile maker Hyundai and its affiliate Kia Motor’s USD 311 Mn investment in Ola’s parent ANI Technology and electric taxi service Ola Electric is finally complete.

Source: INC42