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The Series B round was led by Vertex Ventures, with participation from International Finance Corporation (IFC), Titan Capital, Wipro Enterprises, and a group of angel investors.
The initiatives include the SIDBI RRB Co-Lending Portal, SIDBI MachFin Mart, the MoRE (Modernisation of Rural Enterprises) programme, and a Credit Cards for Micro Enterprises scheme introduced by the Department of Financial Services.
The virtual event, scheduled for May 29, will feature startups across sectors including deeptech, AI, aerospace, climate tech, sustainability, defence, logistics and consumer brands.
The early-stage investor has backed companies across sectors such as spacetech, semiconductors, biotech, medtech, robotics, advanced engineering and agritech.
The initiative offers free product access, AI automation, onboarding support, growth assistance, plus community, membership hub, and partner benefits from AWS, GitHub, and Notion
The funding round was co-led by Prime Venture Partners and Leo Capital, with participation from Good Startup, Sparrow Capital, Sun Icon Ventures, Dhoka Ventures and WTF (India) Delhi Angels.
The changing sentiment is now visible across the ecosystem. According to reports, Citigroup bankers are projecting a rebound in IPO activity despite the current slowdown.