A seed round headed by Climate Angels and the Bengaluru-based venture capital firm Kalaari Capital nets Clean Electric, a startup offering energy storage solutions, $2.2 million.
The parent company of the short video entertainment app Josh and the vernacular news aggregator Dailyhunt, VerSe Innovation, continues to suffer severe financial losses, as its losses more than tripled and exceeded Rs 2,500 crore in FY22.
Gurugram-based Cityfurnish, an online platform for renting furniture, has raised $2.5 million in debt and equity investment, bringing its total funding to $10 million.
boAt, the D2C electronics company, has secured INR 500 Cr ($61 million) from existing investors, a Warburg Pincus affiliate, and new investor Malabar Investments. The D2C electronics brand intended to use the incoming funding to support company growth. The company aims to scale up domestically and internationally through all channels and regions.
This outlier firm, a B2B e-commerce platform called Udaan, has received $120 million in convertible notes and debt when the startup ecosystem is experiencing a funding constraint this year.