Login

News on Medial

Venture Catalysts leads $1 Mn bridge round in BluWheelz

EntrackrEntrackr · 7m
Venture Catalysts leads $1 Mn bridge round in BluWheelz

Tech-enabled delivery company BluWheelz has raised $1 million in a bridge funding round led by Venture Catalysts. The round also saw participation from FAAD, LetsVenture, and Chakra Growth Fund. Founded by Apoorva Ranjan Sharma, BluWheelz operates in 18 cities with a fleet solution covering two-wheelers, three-wheelers, and four-wheelers. The startup claims to have a fleet base exceeding 1,200 vehicles, and operations in presence in over 18 cities. It works with vehicle OEMs like Eicher-Volvo and Tata Motors, and has strategic alliances for charging and parking infrastructure. That said, Venture Catalysts invests between $250,000 and $2 million in early-stage startups. The cumulative valuation of the startups invested by Venture Catalysts is over $10 billion.

10
View Source

Comments

More Like this

Runo, BluWheelz, Nikitek pocket early-stage cheques

Runo, BluWheelz, Nikitek pocket early-stage cheques

Plant-based kids’ clothing brand Kidbea raises $1 Mn led by VCats

Plant-based kids’ clothing brand Kidbea raises $1 Mn led by VCats

D2C paan brand The Betel Leaf raises $1.2 Mn in bridge round

D2C paan brand The Betel Leaf raises $1.2 Mn in bridge round

Venture Catalysts partially exits Insurance Samadhan with returns up to 3.65x

Venture Catalysts partially exits Insurance Samadhan with returns up to 3.65x

BharatGPT Maker CoRover Raises $4 Mn To Bolster Its GenAI Ops

BharatGPT Maker CoRover Raises $4 Mn To Bolster Its GenAI Ops

Dronetech startup TechEagle raises bridge round

Dronetech startup TechEagle raises bridge round

EV fleet-as-a-service startup Bluwheelz raises $500K led by FAAD Network

EV fleet-as-a-service startup Bluwheelz raises $500K led by FAAD Network

Venture Catalysts makes partial exit in metaverse skill tech Cusmat with over 4.2 times returns

Venture Catalysts makes partial exit in metaverse skill tech Cusmat with over 4.2 times returns

9Unicorns launches Fund II with target of $200 Mn, rebrands itself to 100Unicorns

9Unicorns launches Fund II with target of $200 Mn, rebrands itself to 100Unicorns

The Betel Leaf Gets Funding From Inflection Point Ventures

The Betel Leaf Gets Funding From Inflection Point Ventures

Download the medial app to read full posts, comements and news.