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The incident took place on February 22 when a fire engulfed a nearby perfume warehouse and spread to other facilities. Supertails said its entire inventory stored in the leased warehouse was destroyed, but it has secured another facility which is already operational. Earlier this month, Supertails raised $30 Mn in its Series C funding round from new and existing investors. #Supertails #Funding #Founders #Entrepreneurship #LinkrcapStudio

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Indian startup funding stood at $200.2 Mn across 31 deals, up 42% from the preceding week. Between February 16 and 20, 16 startups collectively raised $118.3 Mn a sharp 69% drop from the $200.2 Mn secured across 31 deals in the preceding week. Peak

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Online identity verification platform IDfy has raised โ‚น476 Cr (about $52.5 Mn) in its Series F funding round in a mix of primary and secondary components. The round was led by Neo Asset Management, with participation from existing backers Blume Vent

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Startup funding momentum continued to remain strong in the final week of February, with 33 startups cumulatively bagging $219.8 Mn between February 23 to 27. However, this marked a 23% decline from the $285.3 Mn bagged by 17 startups in the preceding

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Between January 26- 30, Indian startups raised a total of $ 95.6 Mn, marking a decline of 68% from the $302.8 Mn cumulatively raised by Indian startups. Advanced Hardware & Technology segment saw the highest four deals materialise this week, with st

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ixigo's subsidiary is acquiring 60% stake Trenes for โ‚ฌ11.7 Mn (about โ‚น125 Cr), and 45.02% stake in Sqaas for โ‚ฌ450K (โ‚น4.8 Cr). The OTA said the acquisition will allow it to export its product, technology and AI-driven travel search capabilities to th

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Quick commerce enablement startup Inamo is raising โ‚น50 Cr (about $5.4 Mn) in what seems to be its Series A funding round. The startup has been working on this round since the end of last year. According to Inamoโ€™s regulatory filings, the round is

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EV startup Bounce has raised โ‚น36 Cr ($3.9 Mn) in a funding round led by existing investors Accel and B Capital. The startup allotted 37.6 Lakh Series F CCPS to Accel India and B Capital each for a cumulative โ‚น36 Cr. CEO Vivekananda Hallekere told I

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โ†’ SAP acquires Israel-based WalkMe to boost embedded AI use cases โ†’ iD Fresh Food raises $68 Mn in Series D funding โ†’ Vidyut Tech secures $10 Mn in Series A funding โ†’ Yulu raises $82 Mn in Series B funding โ†’ Zypp Electric raises $12 Mn in funding

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The funding round was led by Peak XV Partners, along with participation from InfoEdge Ventures, Chiratae Ventures, Alteria Capital, Stride Ventured. While Peak XV infused $8 Mn (about INR INR 67 Cr), InfoEdge and Chiratae Ventures invested $2.5 Mn (

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Temple is raising around โ‚น493 Cr from friends & families, and former Zomato backers such as Steadview Capital, Peak XV Partners, among others. As per sources, the post money valuation of Temple would be โ‚น1,700 Cr ($187 Mn). The website of Temple cu

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