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


Lightstorm

Gurugram-based digital network infrastructure firm, has raised $80 Mn in a funding from NIIF Infrastructure Finance

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Udaan

Bengaluru-based ecommerce firm, has raised $75 Mn in Series G funding from M&G Plc, Lightspeed Venture Partners and other HNIs

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Rapido

Bengaluru-based ride-hailing firm, has raised $29 Mn in Series E funding from Prosus

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PMI Electro Mobility

Dharuhera-based EV startup, has raised $29 Mn in a funding from Authum Investment & Infrastructure, Antique Securities & associated HNI family offices and Gruhas

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Spyne

Gurugram-based deeptech startup, has raised $16 Mn in Series A funding from Vertex Ventures, Accel, Storm Ventures and Alteria Capital

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M&A Snippets


Bengaluru-based quick commerce platform Yuma Energy has acquired Chennai-based energy storage solutions startup Grinntech for an undisclosed amount

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