The funding round was led by RPSG Capital Ventures, with participation from existing investors Veltis Capital, Multiply Ventures, and Dominor Investments.
Two Indian startups, LISSUN and Zintlr, have recently closed early-stage funding rounds, signaling continued investor interest in the mental health and AI-driven SaaS sectors.
The funding will be directed towards enhancing its tech-enabled platform, which sources, finances, and monitors distributed projects in clean energy sectors. Additionally, the startup aims to attract top talent and build a world-class team.
With the most recent funding, Gurugram-based startup hopes to accelerate its growth trajectory, deepen its impact, and continue breaking new ground in the debt relief landscape.
The Bengaluru-based Startup iluvia plans to use the fresh funding to bolster its R&D investments while further expanding its product offerings with innovative and unique solutions for professionals as well as consumers.