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Funding winter, which refers to the drying up of funds for startups, remained the overarching theme at the recently concluded TGS 2023, the eighth edition of the flagship event organised by TiE.

Funding winter for Indian startups likely to end by March: Experts

The pre-IPO placement was undertaken after the approval of the board and shareholders in their meetings on September 2 and September 11, respectively.

Jaipur-based Motisons Jewellers raises Rs 33 crore in pre-IPO round

Q3 2023 saw a significant drop in funding, with a total of $1.5 billion raised, marking a 29 per cent decrease from the previous quarter and a staggering 54 per cent decline compared to Q3 2022, according to data from market intelligence firm Tracxn.

India sees lowest tech funding in the last five years in Q3: Report

TCS: There are only a few days left for the month of September to end, there are going to be changes in many rules related to money, big deductions in TCS on foreign expenses will start.

Money Guru: Big deduction from TCS on foreign expenses!

Qube offers a payment system and healthcare credit line to employees of corporates that sign up. Its offer comes as a complement to the group health insurance policy provided by employers and also helps a person from out-of-pocket medical bills or those not fully covered by the health coverage, to paying non-cashless bill payments.

Qube Health raises Rs 25 crore in funding

Perfios has displayed strong financial standing by achieving revenue targets of 100 per cent YoY growth and constantly improving its bottom line.

Perfios raises $229 million from Kedaara Capital, to expand global footprint

Housing.Com&nbsp;noted that the cumulative proptech investments in the country since 2009 surpassed the USD 4 billion-mark, backed by tech adoption in real estate, especially in the last few years.

Funding in proptech firms falls 10% to $243 million in H1; crosses $4 billion since 2009

The investment has come through the Fund of Funds for Startups (FFS).&nbsp;The FFS is a Rs 10,000 crore initiative launched under the Startup India Initiative of the government in January 2015.

Anicut Equity Fund gets Rs 50 crore from SIDBI

The series A1 funding round also marked the third investment of DSG Consumer Partners and Saama Capital in the company, which is a testament of SuperBottoms' enduring value proposition and the industry confidence in its continued growth and potential, the company said in a release.

Baby & mother care brand SuperBottoms gets $5 million led by Lok Capital and Sharrp Ventures

Dunzo, the quick commerce startup, faces a hurdle in raising funds as shareholders clash over valuation. Reliance Retail, holding a 26% stake, opposes a nearly 50% valuation reduction as its $200-million investment in January 2022 could face erosion. Dunzo's struggle in the consumer market has led to its valuation decline. 

Dunzo is in talks to raise new funding but faces disagreement among shareholders on valuation

Kids footwear brand Aretto has raised USD 550,000 (about Rs 4.5 crore) in a funding round led by cricketer Hardik Pandya, and investment banking firm Veromint Advisors.

Kids footwear brand Aretto raises Rs 4.5 crore in funding round

Startups need to come up with more economically sustainable business model and tighten their belts to tide over situation created by drop in funding amid global economies facing disruptions, opined players in the segment.

Startups need better business model to tide over funding woes: Experts

Open-source low-code developers platform ToolJet has raised funding from M12, the venture arm of Microsoft and cloud-based software development platform GitHub, the company announced Monday.

ToolJet raises funding from Microsoft's M12 Fund, GitHub

Amp Energy secures $250 mn funding from SMBC Bank of Japan, ICG, AIIB

The funding will advance its expansion ambitions, including increased system capacity, improved technology, and a larger team. The online education frontrunners have concrete goals to enrol over 1 lakh students with more than 5,000 trainers onboarded by 2024.

Ed-tech firm uFaber secures Rs 25 crores in Series A funding 

Mumbai-based PropertyPistol was founded in 2012 by IIT alumni Ashish Narain Agarwal and later joined by Tushar Shrivastava as a co-founder. It offers various tech solutions and advisory services to home buyers, real estate brokers, and developers.

Proptech firm Property Pistol raises Rs 45 cr from investors, includes ICICI Bank, Baring Private Equity Partners

The government has allocated Rs 611 crore to incubators and out of that, Rs 61 crore was released to startups under the seed fund scheme so far, an official said on Tuesday.&nbsp;

Rs 611 crore allocated to incubators under startup seed fund scheme so far

Byju’s was reportedly struggling with mounting losses after the pandemic-era boom in online tutoring phased out and the fresh capital is estimated to help the edtech firm with its potential debt issues.

Edtech startup Byju’s raises $700 million: Sources

Professional networking startup Blue Circle on Monday said it has raised a fresh round of funding from leading CXOs from private equity, tech, healthcare and legal sectors.

Professional networking startup Blue Circle raises fresh round of funding

One Impression, founded by the brother duo Apaksh Gupta and Jivesh Gupta in 2018, will utilise the money to expand its offerings, accelerate product development, and grow its presence in international markets starting with Southeast Asia and the UAE, the startup said in a statement.

Influencer marketing platform One Impression raises $10 million from Krafton, others 

funding

London-based consumer technology company Nothing has announced the successful completion of a $200 million Series C funding round, bringing its valuation to $1.3 billion. 

Nothing raises $200 million Series C at $1.3 billion valuation to build AI-native consumer tech

Noida-based startup, EndureAir Systems raised funds of Rs 25 crores from IAN Alpha Fund to boost deep-tech drone capabilities for defense ecosystem.

Noida-based startup raises Rs 25 crore from IAN Alpha Fund and Angel Fund

Zee Entertainment Enterprises Ltd. has approved the issuance of up to 16.95 crore fully convertible warrants to promoter group entities at Rs.132 each, raising Rs. 2,237 crore to bolster its financial foundation and drive strategic growth in the content and technology sectors.

Zee Entertainment Enterprises Ltd secures Rs 2,237 crore funding through promoter warrant issue

The round was led by two UK-based family offices, with existing backers Unbound and Valar Ventures also participating. While Syfe did not disclose its current valuation, it said the figure has risen significantly since its last raise.

Digital wealth platform Syfe raises $80 million, expands India tech team

SEBI-registered stock market research platform Univest has raised USD 10 million (about Rs 85 crore) in a funding round led by Bertelsmann India Investments (BII).

Univest raises $10 million from Bertelsmann India Investments

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funding News- Zee Business provides latest news on funding, funding news Today, Top News on funding, update on funding Stay updated with business news, breaking news headlines.

Funding

Funding winter for Indian startups likely to end by March: Experts

Jaipur-based Motisons Jewellers raises Rs 33 crore in pre-IPO round

India sees lowest tech funding in the last five years in Q3: Report

Money Guru: Big deduction from TCS on foreign expenses!

Qube Health raises Rs 25 crore in funding

Perfios raises $229 million from Kedaara Capital, to expand global footprint

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Govt sanctions Rs 10,000 crore to fuel deep tech & emerging startups

Upcoming Bank Holidays: Banks set to remain closed for 3 consecutive days this month?

Indian Railways Reform Express: Technology, skilled staff and improved operations in spotlight

Planning your retirement in 2026? Experts share smart investment strategies

New railway lines boost connectivity across Delhi, 3 states

Delhi's Udyog Bhawan metro station renamed 'Seva Teerth'

‘Fake and baseless’: Piyush Goyal rebuts Rahul Gandhi on US–India trade deal, says farmers fully protected

AI seen as tool to expand Indian IT services, not replace them: JP Morgan Report

Black Day: Vice President and PM Modi pay tribute to 40 heroes of Pulwama Attack

Air quality worsens in Delhi; political row erupts over monitoring stations

Funding in proptech firms falls 10% to $243 million in H1; crosses $4 billion since 2009

Anicut Equity Fund gets Rs 50 crore from SIDBI

Baby & mother care brand SuperBottoms gets $5 million led by Lok Capital and Sharrp Ventures

Dunzo is in talks to raise new funding but faces disagreement among shareholders on valuation

Kids footwear brand Aretto raises Rs 4.5 crore in funding round

Startups need better business model to tide over funding woes: Experts

ToolJet raises funding from Microsoft's M12 Fund, GitHub

Amp Energy secures $250 mn funding from SMBC Bank of Japan, ICG, AIIB

Ed-tech firm uFaber secures Rs 25 crores in Series A funding

Proptech firm Property Pistol raises Rs 45 cr from investors, includes ICICI Bank, Baring Private Equity Partners

Rs 611 crore allocated to incubators under startup seed fund scheme so far

Edtech startup Byju’s raises $700 million: Sources

Professional networking startup Blue Circle raises fresh round of funding

Influencer marketing platform One Impression raises $10 million from Krafton, others

Top News

Govt sanctions Rs 10,000 crore to fuel deep tech & emerging startups

Upcoming Bank Holidays: Banks set to remain closed for 3 consecutive days this month?

Indian Railways Reform Express: Technology, skilled staff and improved operations in spotlight

Planning your retirement in 2026? Experts share smart investment strategies

New railway lines boost connectivity across Delhi, 3 states

Delhi's Udyog Bhawan metro station renamed 'Seva Teerth'