Q4 2024 recorded the lowest quarterly funding in three years, with USD 1.8 billion raised across 219 rounds, a 33.3 per cent lower than Q4 2023
Read MoreThe funds will be directed towards scaling marketing and lead generation efforts in India and Southeast Asia and in advancing product development, including hardware and software certification
Read MoreThe latest funding round follows a similar USD 6 billion Series B round just six months ago, backed by Andreessen Horowitz, Sequoia Capital, and others
Read MoreAccording to media reports, currently, Greaves Cotton holds a 62.5 per cent stake, with Abdul Latif Jameel Green Morbility owning the remainder
Read MoreThe transaction comprises an all-cash deal for the acquisition of the entire stake in Fenixys for a total of 10 million euros (About Rs 90 crore)
Read MoreOther key investors in the round include Nikhil Kamath, Suniel Shetty, Vinod Duggar & key investor Manish Patel, among others
Read MorePreviously, Univest raised USD 1.5 million in seed funding from investors including Trinity Media Group, Akash Anand (Bella Vita Organic), and Deep Bajaj (Sirona)
Read MoreThe funds will be allocated toward acquiring solar projects, covering marketing expenses with the launch of the regulated platform, managing operations and legal expenses
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