Series B funding | Page 2

The Series B round was led by Nandan Nilekani's Fundamentum Partnership, with participation from Aditya Birla Ventures. Existing backers Z47, RTP Global, and Lightspeed also doubled down in the round.

The investment was led by New York-based private equity firm Rising Tide Energy, with participation from responsAbility, Ecosystem Integrity Fund, and LeapFrog Investments.

In December 2023, Snitch raised INR 110 crore in its Series A funding round.

The Series B round was led by Bertelsmann India Investments, with continued support from existing investors Elevar Equity and British International Investment.

The newly raised capital will be used to expand manufacturing capacity, enter new markets across India, and strengthen Hocco's supply chain and distribution networks.

The Mumbai-based startup will deploy the fresh capital towards ramping up R&D in microbiome science, scaling clinical trials, expanding its distribution footprint, and boosting brand awareness among consumers and healthcare professionals.

A significant portion of the new funding will also be allocated to expanding Garuda's IP portfolio, which currently includes over 20 patents, and to build a new design facility focused on next-gen drone systems.

With this round, Eloelo has now raised over USD 50 million in funding to date.

The capital will be used to accelerate Tessell's global go-to-market strategy and enhance R&D efforts focused on building AI-powered capabilities that simplify, optimise, and scale enterprise data management across cloud ecosystems.

The latest funding will drive expansion, enhance technology, strengthen distribution, and develop innovative credit solutions, focusing on underserved communities in India's informal housing sector for inclusive financial growth.

Scimplify will use the funding to expand beyond 16 countries and strengthen its presence in life sciences, crop sciences, and industrial chemicals, tackling sourcing, regulatory, and large-scale manufacturing challenges.

With the fresh capital, Dogsee plans to expand its manufacturing capabilities by upgrading its current factories and building a state-of-the-art production facility.

Tiger Global led EnCharge AI's Series B round, with participation from Samsung Electronics' Ventures and HH-CTBC, a joint investment initiative by Taiwan's Foxconn and CTBC Venture Capital.

With this fresh capital, the Bengaluru-based company aims to accelerate its AI-driven product development and expand its global market presence.

The fresh capital will support the expansion of 75F's operations and enhance its AI-powered platform, Saffron AI, which launched in 2023.

The funding round also saw participation from Kotak Securities and existing investors, including Mela Ventures, Athera Venture Partners, Dallas Venture Capital, and TVS Capital Funds.

Ati Motors has recently expanded its operations to Mexico, enhanced its presence in the US, India, and Southeast Asia, and is now growing its North American headquarters in Detroit, Michigan.

The fresh funding will support HostBooks in scaling its international presence, expanding its product offerings, integrating advanced AI-driven modules, and strengthening its sales, product marketing, and operations teams.

With the raised funds, Bizom aims to scale AI-driven Real Intelligence innovations, enhance problem-solving capabilities, develop robust delivery mechanisms, and expand key accounts to revolutionize retail operations and optimise distribution processes.

The company plans to use the fresh funding to expand its footprint to 50 cities, enhance its technology, hire talent, and strengthen its brand presence.

The funding will expand Avanti's loan book, enhance its deep-tech platform, innovate frictionless credit solutions, and strengthen channels in rural and urban markets for inclusive financial services.