Post-sales service firm Servify has raised INR 84 crore (approximately $10 million) in its latest Series D funding round, securing a mix of equity and debt investments from Bajaj Holdings, Trifecta, and Innoven Capital. This funding boost will help Servify further its mission to provide brand-authorized after-sales support for various electronic devices. According to regulatory filings with the Registrar of Companies (RoC), Servify's board of directors approved a special resolution to issue 1,16,555 compulsorily convertible preference shares (CCPS) and 500 non-convertible debentures. The total consideration for this issuance is valued...

Bengaluru-based AI-driven conversation intelligence platform Convin has secured $6.5 million in a Series A funding round led by India Quotient to enhance customer interactions through its innovative product suites. The round also witnessed participation from new investor JSW Ventures and existing backers Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns. This capital injection will be pivotal as the company focuses on expanding its core team and distribution channels. Founded in 2021 by IIT Delhi alumni Ashish Santhalia, Bharat Patidar, Atul Shree, and Durgesh Choudary, Convin specializes in empowering...

Noida-based proptech startup HouseEazy has raised $7 million in Series A funding, led by Chiratae Ventures, to expand its innovative machine-learning algorithm-based platform for resale homes across the NCR. The round also saw participation from Alteria Capital and existing investor Antler. This funding round, which includes a mix of debt and equity, marks a significant milestone for HouseEazy as it aims to accelerate its growth in the National Capital Region (NCR). HouseEazy, a full-stack marketplace for resale homes, will use the fresh capital to expand its operations across new geographies...

Delhi NCR-based water purifier brand Livpure has secured $27.8 million in fresh funding backed by London-based asset management firm M&G Investments and Ncubate Capital Partners for water purifiers, category expansion, and product development. Livpure announced that this fresh capital will fuel category expansion and product development, with a significant focus on research and development (R&D). Additionally, the funds will support the expansion of Livpure’s product portfolio and the enhancement of its technology infrastructure. These efforts aim to meet the evolving needs of consumers in the home wellness category. “With this...

Bengaluru-based healthtech platform Even Healthcare has raised $20 million in a funding round led by Khosla Ventures to continue its mission to revolutionize healthcare accessibility in India through its innovative managed care model focused on preventive care. The fresh funding significantly boosts the company after a 20-month funding hiatus. This latest injection of capital underscores the growing confidence in Even Healthcare’s innovative approach to managed care in India. The board of Even Healthcare approved the issuance of 217,589 preference shares at an issue price of INR 7,762 each, raising a...

FlexiLoans, a fintech startup focused on providing flexible loans to small and medium enterprises (SMEs), has raised INR 75 crore (approximately $9 million) via non-convertible debentures (NCDs) from JM Financial. This funding marks the second debt round for the Mumbai-based company this year. According to internal documents, FlexiLoans’ board approved the issuance of 7,500 NCDs to raise the capital. The debentures carry a coupon rate of 12.05 percent per annum and have a 24-month tenure. The company plans to use the funds to support its ongoing business operations. This latest...

Singapore-based investment platform Syfe has raised $27 million in a Series C funding round led by two U.K.-based family offices and supported by existing investors, including Valar Ventures and Unbound, marking another milestone in the WealthTech sector. This latest capital injection boosts Syfe’s total funding to $79 million, positioning the company for significant growth. Syfe’s CEO and founder, Dhruv Arora, a former investment banker with UBS in Hong Kong, highlighted, “Many people had tried traditional wealth managers, but the advice they were being given was always limited to the investment...

Electric scooter manufacturer Ather Energy has achieved unicorn status after securing $71 million in a new funding round led by the National Investment and Infrastructure Fund (NIIF). The company, now valued at $1.3 billion, is among the top players in India’s electric scooter market, alongside Ola Electric, TVS, and Bajaj Auto. Founded in 2013 by IIT Madras graduates Tarun Mehta and Swapnil Jain, Ather Energy has sold over 173,000 electric scooters. The company has steadily raised funds since late 2023, bringing its total funding to over $125 million in the...

Agrizy, a B2B agri-processing platform, has raised $9.8 million in its Series A funding round, co-led by Accion and Omnivore, with participation from new investors Capria Ventures, Thai Wah Ventures, and existing investor Ankur Capital to revolutionize the agri-processing industry by providing advanced financial services. Agrizy's latest funding round raises its total funds to $17.3 million. This includes a $5 million debt round and a $2.5 million seed round led by Ankur Capital with participation from Omnivore. The company plans to utilize the funds to expand into new product areas...

Mumbai-based trade financing startup Vayana Network is raising $20 million (INR 170.8 crore) in its Series D funding round. This round is led by a new investor, the SMBC Asia Rising Fund, which contributed INR 62.6 crore. The funding round will also see participation from Jungle Ventures, Chiratae Ventures, International Finance Corporation (IFC), and Deep Financial. Sources indicate this is a tranche of the ongoing Series D funding round. After the allotment, SMBC Asia Rising Fund will hold a 3.25 percent stake in Vayana Network, while IFC will own 5.66...