Edept Secures $1 Million to Empower Universities and Boost Employability
In a major step toward reshaping higher education, Edept, an innovative edtech startup, has raised $1 million in seed funding. The Bengaluru-based company focuses on helping universities and educational institutions offer industry-led programs that are tailored to meet the demands of the global job market.
This funding round…
Introduction: Adani’s Colombo Port Project Moves Forward
Sri Lanka’s ports minister Bimal Rathnayaka has confirmed that the Sri Lankan government is fully behind the development of a deep-water container terminal at the Port of Colombo. This comes as the Adani-led group, one of India’s biggest conglomerates, moves forward with funding the project from its own resources. The announcement…
Varthana’s $15 Million Investment: A Step Toward Better Education for Millions
Varthana, a non-banking finance company (NBFC) committed to transforming affordable education in India, has raised $15 million (Rs 120 crore) in funding from the BlueOrchard Microfinance Fund. This new investment marks a significant milestone for Varthana as it expands its mission to bridge the education gap in…
India’s Startup Ecosystem Shines Bright with Six New Unicorns in 2024
The year 2024 has been a remarkable one for India’s startup scene. Six companies have achieved the highly sought-after unicorn status—meaning they’re now valued at $1 billion or more. This impressive feat marks a huge jump from 2023, when only two startups made it to the unicorn club. With these new additions, India’s…
LambdaTest Secures $38 Million in Funding to Transform Software Testing
In a significant move to redefine software quality assurance (QA), LambdaTest, a cloud-based unified testing platform, has raised $38 million in its latest funding round. The investment was led by Avataar Ventures and saw participation from Qualcomm Ventures, pushing the startup’s total funding to a substantial $108 million.
Orange Health, a fast-growing healthcare and diagnostics startup, has successfully raised $12 million in its latest funding round. The investment was led by Amazon’s Smbhav Venture Fund, with significant participation from existing backers including Accel, General Catalyst, Bertelsmann India Investments, and Y Combinator. This new round brings the total funds raised by the company to over $47…
WickedGud, the Mumbai-based startup known for its healthier alternatives to traditional snack foods, has raised Rs 20 crore in a fresh funding round. This round was led by Orios Venture Partners, with participation from Asiana Fund and existing investors, including Bollywood actress Shilpa Shetty. The investment follows a series of successful fundraising rounds, including one almost a year ago…
Ladies Who Lead (LWL), a growing platform focused on empowering women professionals, has successfully raised $1 million in a pre-Series A funding round. The round was led by Rainmatter, the investment firm founded by Nikhil Kamath of Zerodha, with additional backing from the Family Office of Jayant Davar.
This investment will help LWL expand its ecosystem and provide women with the resources…
Mumbai-based Nazara Technologies, a leading player in the gaming and sports media sector, has successfully raised Rs 855 crore (about $100 million) in a funding round aimed at supporting its global expansion and acquisition strategy. This move is set to propel the company further into the competitive gaming industry, while providing the necessary resources for strategic growth and market…
Homversity, a student housing platform that gained attention on Shark Tank India, has successfully raised $1 million in a pre-Series A funding round. With this fresh capital, the company aims to transform the student housing industry in India and create a scalable model that ensures high-quality, convenient, and secure accommodations for students across the country.
What is Homversity?
Founded in…
