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Agri-biotech startup GreenGrahi raises Rs 32 crore in round led by Avaana Capital
Economic Times
ยท
3m ago
Medial
Agri-biotech startup GreenGrahi raised Rs 32 crore in a funding round led by Avaana Capital, with participation from Huddle, Campus Fund, Blume Founders Fund, and other investors. The funds will help scale its insect biomanufacturing platform and expand globally. GreenGrahi produces high-quality insect-based proteins and agricultural inputs to enhance soil health and crop productivity. It aims to meet significant demand from customers and expand into international markets, focusing on pet food companies in the US, UK, and EU.
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GreenGrahi, Paramount Services secure fresh funding to drive expansion
VCCircle
ยท
3m ago
Medial
Biotech startup GreenGrahi and AI-driven platform Paramount Services secured fresh funding to fuel expansion. GreenGrahi raised Rs 32 crore in seed funding to develop a Black Soldier Fly bio-factory and expand internationally. Founded by Shivali Sugand and Siddharth Sharma, it specializes in insect-based animal feed alternatives and biofertilizers. Meanwhile, Paramount Services received Rs 2.5 crore from Fivolve to enhance its AI-powered claims management software and grow its insurance footprint in India. Founded by Vikas Srivastava in 2018.
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Infra automation startup Enlite raises Rs 46 crore in funding round led by Avaana Capital - The Economic Times
Economic Times
ยท
15d ago
Medial
Enlite, a Mumbai-based infra automation startup, raised Rs 46 crore in a funding round led by Avaana Capital, with participation from Claypond Capital. The funds will be used to expand into international markets, enhance AI and telemetry capabilities, and increase deployments in various sectors. Since its launch in 2022, Enliteโs hardware has been implemented in numerous sites, significantly increasing its revenue. The company is also piloting large language model technology integrated into hardware.
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Battery tech startup Dreamfly Innovations raises Rs 12 crore from Avaana Capital, others
Economic Times
ยท
6m ago
Medial
Dreamfly Innovations, a battery tech startup, raised Rs 12 crore in a seed funding round led by Avaana Capital, supported by Sunicon Ventures and other investors. The funds will help establish a manufacturing unit, expand its team, and enhance R&D for its battery solutions applicable in drones, aviation, and aerospace. Noteworthy clients include Tata Advanced Systems and L&T. Dreamflyโs solutions improve battery safety and efficiency, aligning with the rising demand for electrification and sustainable technology.
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Exclusive: Cleantech Startup Kazam To Raise $5 Mn From Vertex Ventures, Others
Inc42
ยท
1y ago
Medial
Electric mobility startup Kazam has raised an undisclosed amount of funding in its latest round. The funding was led by Avaana Climate Fund, with participation from Avaana Capital and Chakra India Growth Fund. Kazam offers hardware and software solutions for electric mobility, including charging infrastructure and fleet management. This comes after the startup raised $3.6 million in funding in May 2021, also led by Avaana Climate Fund.
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Arya.ag PAT jumps 70% to Rs 32 Cr in FY25
YourStory
ยท
3m ago
Medial
Arya.ag, an agritech platform providing post-harvest solutions, achieved a 70% increase in profit after tax for FY25, rising to Rs 32 crore. This growth was driven by platform adoption, operational efficiencies, and tech-led cost optimization. The total commodity throughput on its platform reached Rs 26,961 crore, handling 7.37 million metric tonnes. Additionally, Arya.ag facilitated Rs 14,181 crore in agri-loans, showcasing sound credit practices with its capital-light, technology-intensive business model.
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AmpereHour Energy, Allo Health secure early-stage funding
VCCircle
ยท
4m ago
Medial
AmpereHour Energy and Allo Health have secured early-stage funding. AmpereHour Energy raised $5 million in a Series A funding round led by Avaana Capital, aiming to expand its energy storage solutions and R&D efforts. Allo Health raised Rs 16 crore in a pre-Series A round led by Rainmatter. The sexual health startup plans to use the funds for clinic expansion, technology enhancement, and entering mental health services, having previously served over 200,000 patients in India.
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Wow! Momo raises Rs. 75cr from ValueQuest
Entrackr
ยท
1y ago
Medial
Wow! Momo, a quick service restaurant chain, has secured Rs 75 crore ($9 million) in a Series D funding round led by ValueQuest Capital. This marks the company's first fundraising round in 2023. With this investment, the company has been valued at approximately $340 million. Wow! Momo operates three QSR brands and has 620 outlets across 32 cities, employing 6,000 people. The company is also planning to raise another Rs 100 crore in the second tranche of the ongoing funding round.
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Genexis Biotech raises Rs 4 Cr in seed round led by GVFL
Entrackr
ยท
11d ago
Medial
Genexis Biotech raises Rs 4 Cr in seed round led by GVFL Vadodara-based bio-manufacturing startup Genexis Biotech has raised Rs 4 crore in a seed funding round led by GVFL, with participation from Benzai10. The proceeds will be used to scale bioreactor capacity, build downstream processing infrastructure, launch new recombinant proteins and enzymes, and strengthen compliance, sales, and distribution functions. Genexis Biotech develops animal-origin-free recombinant proteins using precision fermentation, catering to sectors like biopharma, food-tech, and cell culture. The startup operates a certified Class 10,000 facility and is setting up a GMP-compliant unit. It has introduced recombinant peptidases such as amino peptidase and enterokinase, and plans to launch recombinant transferrin and albumin. In the past year, Genexis established partnerships with pharmaceutical companies and biotech firms, signed an MoU with the Gujarat government, and received client orders for alternative protein formulations. It showcased its portfolio at Global Bio-India 2024 and aims to enter the regulated biotech export market, develop encapsulated formulations for the cosmetics industry, and collaborate with CDMOs, academic labs, and biopharma firms. Genexis Biotech focuses on scalable, ethical biomolecule production. GVFL has backed the company as part of its investment thesis across deeptech and biotech innovation.
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Centricity, Trisu, GameEon and Dharaksha raise early-stage funding
VCCircle
ยท
11m ago
Medial
Wealthtech management company Centricity raised $20 million in a seed funding round led by Lightspeed, bringing its valuation to $125 million. The funding will be used to expand operations and double the tech development team. Biotech-driven R&D startup Dharaksha Ecosolutions secured $3 million in a seed funding round led by Avaana Capital to expand production capabilities and strengthen its presence in the sustainable packaging industry. Mumbai-based game development studio GameEon Studios raised $1 million to develop new games for PC and consoles. Vermeil jewelry brand Trisu raised an undisclosed amount in its pre-seed funding round to enhance customer acquisition and drive product innovation.
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Biotech startup Zerocircle raises Rs 20 Cr led by Rainmatter
Entrackr
ยท
6m ago
Medial
Biotech startup Zerocircle has raised Rs 20 crore ($2.3 million) in a new round led by Zerodha co-founder Nithin Kamathโs Rainmatter. The round also saw participation from early-stage venture capital firms 1Crowd, VC Grid, 7th Gen Ventures, and environmental advocate Trudie Styler, among others. The proceeds will be used for scaling manufacturing, optimising the supply chain, and expanding the team. Founded in 2020 by Neha Jain, Zerocirle creates seaweed-based packaging designed to replace harmful petrochemical-based materials. Its product range includes coated packaging for hamburger boxes, fried food containers, bakery packaging, and food trays.
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