Startup Funding

Msme

Strong Investor Support For Tier II And III Startups; 64% Focused On Tech Innovation

Opportunity India Desk Jan 25 2024 - 2 min read

Nearly 44 per cent of investors actively supported startups in Tier II and Tier III cities, revealing a strong interest in untapped markets, according to a study by management consulting firm Primus Partners. The study, focusing on innovation and entrepreneurship in smaller cities, added that 64 per cent of these backers are channeling ...

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Msme

FinAGG Technologies Secures USD 11 Million Funding To Amplify MSME Credit Access

Opportunity India Desk Jan 19 2024 - 2 min read

FinAGG Technologies, a fintech startup providing working capital solutions to micro, small, and medium enterprises, recently secured USD 11 million in a Series A funding round, led by Tata Capital and Schroders-backed BlueOrchard. Notable participants included the Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partner. As ...

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Electric Vehicles

EV Startup Baaz Bikes Secures USD 8 Million Funding To Revolutionize Gig Economy

Opportunity India Desk Nov 21 2023 - 4 min read

Baaz Bikes, a full-stack electric vehicle ecosystem for gig workers, said it has raised USD 8 million in a round of funding, led by Singapore-based BIG Capital. The Series A round of funding saw participation from Rakuten Capital, Japan-based Rakuten Group’s venture capital arm, along with continued support from existing investors like Kalaari ...

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Startup

Diagnostics Platform Curelo Secures USD 1 Lakh Funding From IIMA’s CIIE.CO

Opportunity India Desk Oct 12 2023 - 3 min read

Curelo, a platform that offers patients the convenience of scheduling at-home blood sample collection and receiving blood reports from their preferred labs, has secured funding of USD 1 lakh from CIIE.CO, the startup incubator at IIM Ahmedabad. The diagnostic platform operates with a team of phlebotomists capable of collecting blood samples within an hour ...

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Startup

Indian startup funding down by 71.5%: GlobalData

Opportunity India Desk Oct 03 2023 - 2 min read

Investment in Indian startups through venture capital (VC) has experienced a sharp decline, plummeting by 71.5 per cent to USD 4.9 billion between January and August 2023. This significant drop contrasts with the USD 17.1 billion invested during the corresponding period in the previous year. According to ...

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