EcoEx has raised $4 million funding in a strategic round led by Dovetail Global Fund PCC, Navbharat Investment Fund, and Narnolia Velox Fund, the company said in a statement today, October 9. In the round, other domestic and international investors also participated. The fresh capital will fuel technology enhancement, talent acquisition, expansion, and strengthening clean…
Deep-tech startup Assessli raises Rs 44.4 crore from Foxhog Ventures Deep-tech startup Assessli has raised Rs 44.37 crore from Foxhog Ventures, according to an official statement today, September 30. The investment will make it one of India’s highest-valued seed-stage AI ventures. The startup plans to utilise the fresh funding to expand their reach in the US markets…
Vedantu, an online tutoring firm, has received $11 million funding from its existing investors through a convertible equity round, the company said in an official statement today, September 26. The round saw participation from ABC World Asia, Accel India and Omidyar Network India. The fresh funding is a part of a larger ongoing fundraise, Vedantu…
BeyondSquare Solutions, a Bengaluru-based IT product enterprise behind the flagship product FinAlyzer, has raised $4 million in Series A funding from Avant Global Corporation, the company said in a statement today, September 16. “The investment will be executed in three stages, beginning with the issuance of new and convertible shares, followed by additional subscriptions from…
Flipspaces, the global tech-led interior design and build venture, has raised $50 million funding in its expanded Series C round, according to an official statement. In the fresh round, UAE-headquartered CE-Invests, Singapore-headquartered Panthera Growth Partners, and Japan-headquartered SMBC Asia Rising Fund participated, the company said today, September 8. Flipspaces plans to utilise the money to…
In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The relevant section of the CGST Act, 2017 will be amended to allow refunds for exports made with payment of tax, regardless of value. This long-awaited reform addresses…