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FUNDING NEWS
USAID has been dismantled. CSR funds should be used in research and innovation
May 30, 2025 7:06 pm
Most CSR and UHNI (Ultra-High-Net-Worth Individuals) grants continue to be single-year grants that are heavily restrictive and linked to very measurable outcomes. Not many fund research, innovation and risk-taking
Who funds political parties in India? EC data shows which companies are the biggest donors
April 15, 2025 4:56 am
Among top donors to major parties, at least five companies are facing probes by central agencies, of which four have donated large sums to BJP while one has given funds to Congress.
European tech funding stalls in 2024 but IPO window to open: Report
November 19, 2024 1:21 pm
Europe has more than 350 companies valued over $1 billion. However, over the past decade only 15 European countries have seen initial public offerings of over $1 billion.
What we fought for in electoral bonds case — and what the Supreme Court verdict did
March 16, 2024 10:03 am
The original petition requested only for the EB scheme to be declared unconstitutional. The SC did that but went ahead and also issued directions to SBI and ECI to ensure full implementation of the judgment. This initiative of the apex court must be acknowledged and commended
PhonePe raises another $100 million from General Atlantic, other investors
April 12, 2023 4:10 pm
PhonePe on Wednesday said it had raised an additional $100 million from General Atlantic and other investors as part of its ongoing $1 billion fundraise to expand into the lucrative lending space.
Funding into healthtech companies falls 55% in 2022: Tracxn report
March 29, 2023 10:04 pm
While the sector gained investors' interest during the pandemic, it started witnessing a declining trend in funding from Q4 of FY2021, the report showed.
UpGrad raises Rs 300 cr in rights issue led by co-founder Ronnie Screwvala
March 29, 2023 1:27 pm
UpGrad co-founder Ronnie Screwvala contributed Rs 212 crore in the internal funding round.
Zouk raises $3 mn led by Stellaris Venture Partners, Sharrp Ventures, others
March 16, 2023 12:07 pm
Zouk has grown 10 times from the last funding round in mid 2021 and today has over 400,000 customers across India, as per the company.
Online gaming platform BuyStars raises $5 million in Lumikai-led round
March 15, 2023 4:38 pm
Online gaming platform BuyStars said it had raised $5 million in a pre-series A round led by VC fund Lumikai as it looked to hire more employees and launch new games.
D2C brand The Ayurveda Co raises Rs 100 crore in Series A funding
March 13, 2023 12:38 pm
The Ayurveda Co said it will use the funds to expand its offline presence, improve product manufacturing, expand research and development.
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