Kalaari Capital

Energy storage solutions startup Clean Electric on Monday said it has raised USD 2.2 million (about Rs 18 crore) in a funding round led by early-stage venture capital firm Kalaari Capital. Besides, Climate Angels, which invests in early-stage pollution reduction and climate tech startups, has also invested in the company along with the participation of LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation in the seed funding round, the startup said in a statement. The company plans to set up a manufacturing facility in Pune to produce 5,000 battery packs per month with the funding, it said. Also, the funds will also be utilised for expanding R&D, sales and operations teams, apart from developing new products around faster charging, renewable energy storage, and battery swapping, it added. The startup said it has built liquid-cooled battery solutions for two-wheeler, three-wheeler, and battery swapping applications.

The company's robots learn from humans in real-time, allowing people on the shop floor to easily integrate and deploy solutions, stated Peer Robotics

Edtech platform for kids Creative Galileo has raised USD 7.5 million, about Rs 60 crore, in a funding round from a clutch of investors including Kalaari Capital, the company said on Thursday

The company's tech allows consumer-facing brands to turn climate-positive in a matter of hours. Its tech-stack integrates seamlessly with the checkout pages of everyday consumer brands

With a capital crunch creeping into the market, startup founders may find it difficult to raise funds at attractive valuations in the coming months, according to industry players. During a joint programme with Meta, formerly known as Facebook, Kalaari Capital's Founder and Managing Director Vani Kola on Wednesday said that customers may defer their purchase decisions and startup founders will need to tighten up their belts and look for alternative opportunities for the business. "There is going to be a period where customers are going to delay certain kinds of decision making, but maybe there are other decisions that they make. I do think, and added to that liquidity that has overleveraged, funds in public markets will flow down ... While we only recently celebrated the 100th unicorn, any of those 100 unicorns today if they have to raise capital will perhaps get a haircut of 30 if not 50 per cent," Kola said. Kola said she has seen four to five financial downturns and whenever there

With the capital raised, the company plans to invest it in scaling its existing 'hypersocial' game offerings, supporting upcoming projects while also devoting a sum towards innovation in the segment

Baaz says it aims to solve the critical problems faced by gig delivery workers, i.e., long range requirements, rising petrol costs, lack of capex to buy bikes and heavy downtime due to maintenance

threedots app offers users a daily dose of financial news and a finance centric community apart from stock investing

WeRize is a full stack provider, developing and distributing a wide range of customised credit, group insurance and savings products for 100 mn homes and 300 mn individuals in 4,000-plus small towns

The company, a direct-to-consumer sports brand that makes cricket bats, athletic performance footwear, will utilise funds towards expanding its product portfolio, increasing its marketing efforts

The company will utilise the funds towards expanding its product portfolio, increasing its marketing efforts, and building out its team.

Between January 2018 and June 2020, startups led by women founder-CEOs received only 1.43 per cent of the total capital raised in India

Funds will be used to scale engineering efforts and simplify complex business workflows across checkout, payments and fulfilment

Company say it has developed proprietary tool for personalised workouts, nutrition advice.

SimpliContract democratises contract authoring and establishes powerful post-signature contract management practices by leveraging AI and NLP

Mobile gaming aggregator WinZo garnered 7 mn users in a year by taking the vernacular route

Vokal is a peer-to-peer knowledge and opinion-sharing platform for India's non-English Internet users

AffordPlan's savings product makes quality health care more affordable to everyday Indians, says Kalaari Capital MD Vani Kola

The VC firm, headed by venture capital veteran Vani Kola, is in the middle of raising $290-million fund

Super-fast internet, a new electric bike and diagnostic solution have caught Kalaari's attention, reports Tech in Asia