Category: Trending

Wardwizard Innovations and Mobility Ltd., an electric two-wheeler manufacturer, and A&S Power, a technology provider for advanced energy storage solutions, have partnered to advance the development of lithium-ion (Li-ion) cell technology in India.

Titan Company, a jewelry and lifestyle retailer, has agreed to acquire the employee stock ownership plan (ESOP) shares of CaratLane, an online jewelry retailer, for Rs 350 crore.

Ultraviolette Automotive, an electric motorcycle manufacturer, has unveiled the F77 Space Edition, a limited-edition version of its F77 electric motorcycle. The Space Edition features a number of upgrades, including aerospace-grade materials and a unique paint job.

Prosus, the Dutch-listed technology investment company, has announced a restructuring of its business. The company will split its operations into two segments: edtech and food delivery.

Roger Rabalais, who was previously the chief financial officer of both segments, will become the CEO of the food delivery segment. Gautam Thakar, the CEO of OLX Autos, has been appointed as the CEO of the edtech segment.

Car Easy, a car washing and value-added services platform, has raised an undisclosed amount in the seed round. The round was led by ah! Ventures Angel Platform, EvolveX, We Founder Circle, and Alaka Capital.

Square Insurance, an insurtech startup that provides insurance to businesses, has raised $1 million in funding from Recur Club.The funding round was led by Recur Club, a venture capital firm that invests in insurtech startups. Other investors in the round include angel investors such as Rajesh Sawhney, Founder of Tracxn; and Alok Mittal, Founder of Indifi.

Hypergro.ai, an AI-powered marketing solutions startup, has raised Rs 7 crore (around $930,000) in seed funding. The round was led by Inflection Point Ventures, with participation from angel investors such as Ashish Sharma, Founder of Livspace; Ashish Agarwal, Founder of MyGate; and Amit Agarwal, Founder of Housing.com.

HyugaLife.com, an e-commerce platform for health and wellness products, has invested ₹4 crores (around $520,000) in Inaari, a women’s wellness brand.The investment will be used to help Inaari expand its product range, reach new markets, and build its brand.

Veda VC Secures Rs 250 Crore in Initial Funding to Support Early-Stage Startups in India’s Tech Landscape. E-commerce Platform HyugaLife.com Invests ₹4 Crores in Women’s Wellness Brand Inaari

Veda VC, an early-stage venture capital fund, has secured Rs 250 crore (around $33 million) in its first close of funding. The round was led by Sequoia Capital India and Eight Roads Ventures, with participation from other investors such as Info Edge Ventures, Blume Ventures, and Elevation Capital.