Tech

Mumbai's EDT raises $2.4M in Pre Series A to boost inventory, launch products, and strengthen teams.

Lavni Ventures closes Rs 200 crore for Fund II, focusing on deep-tech health and climate solutions.

Indian new-age companies saw substantial activity in August, with 17 deals worth Rs 26,337 crore across 12 firms.

Deep-tech aerospace startup Alteon has raised $2.5 million for autonomous aircraft and offshore tests.

IIT-Bombay-incubated startup InspeCity raised Rs 100 crore in pre-Series A funding for space-tech advancements.

Climate-tech startup CarbonStrong raised Rs 12.5 crore to set up production and expand its team.

AlgoFET raised Rs 15 crore to enhance drone infrastructure, focusing on autonomous operations with limited human intervention.

Lissun raised Rs 48 crore in Series A funding to expand its child-care brand, Sunshine by LISSUN.

Rezolv, an AI-native lending platform, raised $12.5M in Series A funding to enhance its AI capabilities.

Chennai-based Bluehill.VC announces final close of its frontier-tech fund at Rs 400 crore, backing startups.