This Week’s Top News Stories

Startup Funding Summary

GPS Renewables, Bengaluru-based renewable energy semiconductor manufacturer, has raised $50 Mn in a funding from Punjab National Bank, HDFC, Yes Bank, HSBC Bank, Kotak Mahindra Bank, ICICI Bank, Citibank, Vivriti Capital, Northern Arc, Spark Capital, Tata Capital and the Small Industries Development Bank of India – Read More

Altum Credo, Pune-based fintech firm, has raised $40 Mn in Series C funding from Z3 Partners & Oikocredit, British International Investment, Aavishkaar Capital, Amicus Capital and PS Pai & family – Read More

ProcMart, Noida-based supply chain & logistics startup, has raised $30 Mn in Series B funding from Nandan Nilekani’s Fundamentum Partnership, Edelweiss Discovery Fund and Paramark Ventures РRead More

Ecozen, Pune-based agritech firm, has raised $30 Mn in a funding from Nuveen Global Fund, InCred Credit Fund, IDFC and other HNIs – Read More

Kissht also known as RING, Mumbai-based fintech startup, has raised $12 Mn in a funding from Trifecta Capital – Read More

M&A Snippets

Mumbai-based tech solutions company Aurionpro Solutions will accquire Mumbai-based fintech focused AI cloud platform Arya.ai for $16.5 Mn – Read More

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