Neo Wealthtech Set to Boost Funds by $19 Million with a 2.7X Valuation Increase
Neo is raising Rs 162 crore ($19 million) in equity shares, led by VT Capital with 17 investors.
Neo is raising Rs 162 crore ($19 million) in equity shares, led by VT Capital with 17 investors.
Neo is raising Rs 162 crore ($19 million) through equity shares, led by VT Capital and 17 investors.
Artha Select Fund closed at Rs 432 crore, 131% above target, boosting total AUM to Rs 1,200 crore.
Deeptech in India received less than 1% of startup funding, highlighting a lack of patient capital.
This week, Indian startups raised $340.55 million, a 66% jump from last week’s $205.31 million.
Indian climate tech startups attracted over $2.2Bn in funding, a 340% jump from 2022, despite challenges.
Eldercare platform Age Care Labs is raising Rs 50 crore in its Series B round from various investors.
BharatPe is in talks to raise $80-$100 million in a pre-IPO round led by Coatue Management.
During the week, 17 Indian startups raised approximately $95 million, with growth-stage and early-stage deals.
AstroTalk is in talks to raise $50-100M, aiming for a valuation of $1.3 to $1.5B before its IPO.