Funding is the process of providing resources to finance a firm, organisation or individual in need or for a project. In a normal course, funding takes place in terms of money transactions, either for short-term or long-term purposes. There are various sources of funding including credit, venture capital, donations, grants, savings, subsidies, and taxes. Terms like soft funding or crowdfunding are described as funding like donations, subsidies, and grants which have no direct requirement for return of investment. While those facilitate the exchange of equity ownership in a company for capital investment via an online funding portal are called equity crowdfunding. In economic terms, funds are given to firms, entrepreneurs or individuals by lenders as capital or loans. This can be done against an interest or equity. Funding can be used for research, launch a business or expand the business. Among the various methods of funding include government grants, crowdfunding, raise from interest or self-organised funding allocation. However, to get funded, firms, entrepreneurs or individuals have to show collateral. This also includes their previous work experience in the respective fields. On the other hand, depending on the requirement and scope of growth of business, an entrepreneur or firm gets funded by the lender. More
Strap: Budget expectations: Find out what young startups want from Finance Minister Nirmala Sitharaman at the budget next week.
Gullak had earlier raised $1.3 million as part of its pre-seed round led by Better Capital and some angel investors, including Vimal Kumar and Sheetal Lalwani (Co-founders at JusPay)
Isprava has built luxury homes in Goa, Alibaug, Kasauli and the Nilgiris. The money will be used for a more strategic purpose such as acquisition and inorganic growth, co-founder and CEO tells Moneycontrol
According to PhonePe, the investment marks the first tranche of $1 billion funding round
The company raised this amount in a Series A funding round led by Asia Impact SA.
The report said India follows the United States, China, and the United Kingdom, which clocked $233.3 billion, $48 billion, and $29.9 billion respectively, becoming the top three countries for tech investments globally.
Wakefit plans to open 100 stores across 20 cities in the next 24 months, co-founder Chaitanya Ramalingegowda told Moneycontrol.
The pre-series A funding received by Entuple E-Mobility will be used to further strengthen its Research and Development (R&D) capabilities to develop next-generation powertrain technologies.
The startup has said the maiden funding round will help build and grow the platform at a time when working women in India increasingly quit the workforce due to health-related issues. Gytree, however, has not disclosed the amount raised.
Global investors were still positive about the Indian startup ecosystem despite the global slowdown, as per the report titled 'Startup Tracker-CY 22'.
Giga Fun Studios plans to use the funds to build next-generation casual games for Indian and global audiences and 'invest heavily' in building a team of casual game developers
This comes as B2C K-12 online edtech startups in India have been suffering post-pandemic with demand falling, while those operating in the B2B edtech segments witnessed tailwinds of growth with schools more open to adopting innovation.
This comes at a time when the agritech sector has seen funding pouring in on the back of investors' optimism in the nascent sector’s potential to grow on rising demand for quality food post-pandemic, supported by macro tailwinds like climate change and food security concerns.
The new funds will be used for scaling KreditBee's existing business and diversifying its product offerings by venturing into digitally enabled financial products
The average deal size of late-stage transactions (investment into companies that are over 10 years old, or Series G or later rounds of institutional investments) fell 39 percent to $90 million in 2022 from $148 million last year.
The next year is likely to be tough for many SaaS firms. However, segments such as generative AI, PaaS offerings, and Low Code/No Code platforms, cloud security-based software may gather more steam in 2023.
Agritech was an outlier on the growth front in the Indian startup world that saw setbacks and a funding crunch this year.
The new fund, NAIIF, is a SEBI-registered second-category Alternative Investment Fund (AIF) and has a total corpus of Rs 700 crore raised
Arora, co-founder and chief executive of Collegedekho, said the company had raised $35 million in series B round last November, according to a statement.
Democratic and Republican negotiators agreed early Tuesday morning on the sweeping bill to fund the federal government through the end of its fiscal year on Sept. 30, raising funding from about $1.5 trillion in the last fiscal year.
BetterPlace's existing investors Jungle Ventures and British International Investment also participated in the funding round
The startup, founded by former Myntra CEO Amar Nagaram, will use the capital to further technology development and hiring
This comes at a time when agritech has been receiving continued investor interest even as the rest of the ecosystem struggles through a funding winter, as per a report by Avendus Capital
The bank has allotted 50,000 senior unsecured redeemable long term bonds in the nature of debentures aggregating to Rs 5,000 crore on private placement basis
The brand aims to reach 100 million people over the next year by driving awareness digitally and leveraging HUL’s capabilities