Page 7 - Fundings

ClimateTech firm Climes raises $1.2 mn seed capital from Sequoia, others

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

HDFC raises Rs 4,000 cr via 21-month paper, attracts bids of over Rs 70K cr

Companies, including HDFC, Tata Capital Financial Services, LIC Housing Finance and Haldia Petrochem raised over Rs 6,000 crore on Wednesday

Retail tech firm Arzooo raises $70 mn in Series B led by Japan's SBI group

Existing investors Celesta Capital and 3 Lines VC also participated in this round, along with Trifecta Leaders Fund and Tony Xu, the Founder of Doordash

Move-to-Earn' startup Fitmint raises over Rs 12.6 crore in seed funding

Fitmint said in a statement on Wednesday it will be using the amount raised for hiring and team expansion, marketing and optimising tech infrastructure

SaaS startups gain favour as funding slows down for other companies

According to the Venture Intelligence data, year-to-date, SaaS start-ups have raised almost $1.8 billion

ah! Ventures announces launch of angel fund with Rs 100 cr corpus

While the first close is expected within the next 60 days, the team's target is to be fully invested by the third year with potential winners

Sequoia India's Surge programme extends seed fund range up to $3 million

Surge startups have collectively raised over $1.5 billion in follow-on rounds

Chaayos raises Rs 414 crore funding; plans business expansion, hiring

The company said the funding round was led by Alpha Wave Ventures with participation from all existing investors -- Elevation Capital, Tiger Global and Think Investments

India's new unicorn LeadSquared raises $153 mn from WestBridge Capital

LeadSquared previously raised $32 million led by Gaja Capital in 2020, and $3 million during its Series A led by Stakeboat Capital in 2019

AlphaSense looks to increase India presence, raises $225 mn in funding

The firm said its annual recurring revenue (ARR) now exceeds $100 million

Edtech unicorn Upgrad doubles valuation with $225-mn funding round

India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC

Multiply Ventures raises Rs 260 cr via maiden fund focused on consumer tech

The Bengaluru-based VC fund said it exceeded its target of Rs 250 crore

Sequoia raises record $2.85 bn to fund Indian startups, others ventures

Venture capital firm Sequoia India and Southeast Asia has raised $2.85 billion - the highest ever in one tranche by any venture capital fund - to fund startups and other ventures in the region

Infra.market raises Rs 390 crore funding from Liquidity Group's arm

The construction market is a USD 140 billion opportunity, the company said, adding that it will also benefit from the USD 2 trillion national infrastructure pipeline announced by the government

Micro MSME Fintech ARTH raises $2.5 mn from KfW arm, MIT alumni and others

Total funding including from promoters rises to $3.5 million; funds to be used to expand services, enhance tech capabilities

Unicorn Gupshup acquires OneDirect to strengthen conversational platform

Gupshup became a unicorn last year after it raised $100 million in funding at a valuation of $1.4 billion.

Fintech unicorn Slice raises $50 mn funding led by Tiger Global, others

With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

Esports fan engagement startup STAN raises $2.5 mn in seed funding

The round was led by venture capital firm General Catalyst, alongside other VCs including Better Capital and Eximius Ventures

Zipaworld plans to raise over Rs 3.8 crore in early-stage funding round

The startup plans to harness the funds to mobilise and accelerate AI and ML-based logistics and supply chain services

NTPC invites bid to raise Rs 5,000 cr via term-loan to fund capex

State-owned power giant NTPC has invited bids for raising term-loan of up to Rs 5,000 crore, which would be utilised for capital expenditure for ongoing or new electricity generation capacity addition projects. "Proceeds of the loan shall be utilised towards capital expenditure for ongoing/new capacity addition programme, including the takeover of projects, renewable energy projects, coal mining & washeries, renovation & modernisation program of various projects, refinancing of loans and general corporate purposes etc," as per the request for proposal (RFP) document. According to the document, the RFP is of up to Rs 5,000 crore term-loan sought by NTPC Ltd. The minimum amount of loan offered by banks or financial institutions will be Rs 500 crore and in multiples of Rs 500 crore. The bids will be opened on May 27, 2022. NTPC is the largest power producer in India in terms of both installed capacity and generation with an aggregate group installed capacity of 68,961.68 MW. The .