Stay Updated: This Week’s Top News Stories Inside

Stay updated with our weekly round up of funding and M&A news, bringing you the latest from the startup ecosystem.


Startup Funding Summary


JBM Ecolife Mobility

Gurgaon-based EV firm, has raised $100 Mn in a funding from Asian Development Bank and Asian Infrastructure Investment Bank

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M2P Fintech

Chennai-based fintech platform, has raised $50 Mn in a funding from Taj Investment Holdings

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Onsurity

Bengaluru-based healthtech platform, has raised $45 Mn in Series B funding from Creaegis, International Finance Corporation, Quona Capital and Nexus Venture Partners

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Redcliffe Labs

Noida-based diagnostics service provider, has raised $42 Mn in Series C funding from Investment Fund for Developing Countries, LeapFrog, HealthQuad and Spark Growth Ventures

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iBus

Bengaluru-based digital infrastructure solutions company, has raised $34 Mn in a funding from International Finance Corporation

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M&A Snippets


Mumbai-based fintech firm Veefin has acquired 26% stake in Chennai-based software solution provider EpikIndifi for an undisclosed amount

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