Category: India

EV battery swapping startup, BatteryPool, raises seed investment round

Pune-based electric vehicle-focused startup, BatteryPool, raises new investment round for its battery and charging services.  The startup focuses its smart, software-based battery-changing product toward fleets of electric vehicles and the commercial automotive sector. BatteryPool was founded in 2018 by Ashwin Shankar.  “We identified that while EVs made sense commercially, challenges around battery charging can lead […]

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Fabheads Automation raises funding from Rockstud Capital, others

Chennai-based carbon fibre focussed 3D printer startup, Fabheads Automation, has raised new funding in an extension of its most recent pre-Series A round. Investors in the current pre-series A extension round include Rockstud Capital, FirstPort Capital, and Bliss Flow Investments.  Industries that employ carbon fiber technology range from aerospace to logistics, and the automotive sector, […]

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Financial services startup, Pencilton, raises $330,000 for its banking services for teens

Hyderabad-based banking and fintech startup, Pencilton, raises new investment round worth $330,000.  The startup’s services, including a debit card and mobile app, are aimed at teenagers in order to encourage financial management and literacy. Pencilton also offers specific features aimed at parents, including controlling and adjusting spending limits and transferring money directly to their accounts.  […]

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‘Glassdoor’ for startups, DotReview, launches operations

Gurugram-based DotReview has launched its digital platform focused on the startup founder community and investors.  The platform, much like a ‘Glassdoor’ for startups, provides startups and founders with a digital space for reviews and information about investors, with a view to easing the funding process.   “I want founders to focus more on their product and […]

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Heathtech startup, Eka.Care, receives $4.5 mn funding from early-stage VCs, angel investors

Bengaluru-based healthtech startup, Eka.Care, founded by former co-founders of Goibibo, raises seed round worth $4.5 mn for its digital platform and services. Investors in the round included early-stage venture capital firms – 3one4Capital, Eximius Ventures, Speciale Invest, – and a clutch of angel investors such as Deep Kalra, Ashish Kashyap, Rajesh Magow, Kunal Shah, Abhishek Begerhotta, […]

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