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
Battery Smart
Delhi-based EV startup, has raised $65 Mn in Series B funding from LeapFrog Investments, MUFG Bank, Panasonic, Ecosystem Integrity Fund, Blume Ventures and British International Investment
Indkal Technologies
Bengaluru-based electronics firm, has raised $36 Mn in a funding from Aries Opportunities Fund
Foxtale
Mumbai-based skincare startup, has raised $18 Mn in Series B funding from Panthera Growth Partners, Matrix Partners India and Kae Capital
Samunnati
Chennai-based fintech startup, has raised $16 Mn in a funding from Blue Earth Capital
Ethereal Machines
Bengaluru-based CNC machines manufacturer, has raised $13 Mn in Series A funding from Peak XV Partners, Steadview Capital, Blume Ventures, Enam Investments and Sandeep Singhal
M&A Snippets
Hyderabad-based pharma company Suven Pharmaceuticals will accquire Hyderabad-based CDMO company Sapala Organic for $27 Mn