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Althion, a Hyderbad-based water-tech company specializing in ultra-pure water systems, has raised Rs 3.6 crore in a pre-Series A funding round from BioAngels. This strategic investment will help the startup pilot the manufacturing of 40 units of its tabletop laboratory water purification system and further its R&D efforts on products and solutions aimed at enhancing kidney dialysis efficiency and sustainability. Additionally, the company plans to establish a larger facility to scale its operations. Founded in 2017, Althion develops ultra-pure water systems that serve the healthcare, research, and semiconductor industries. Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇) #WaterTech #PreSeriesAFunding #UltraPureWaterSystems #Healthcare #VCCEdge Surya Rao

Following regulatory approval, Mirae Asset Financial Group has successfully acquired Sharekhan. This milestone begins a new chapter for both companies, with Sharekhan now joining the Mirae Asset family as Mirae Asset Sharekhan. The acquisition is a strategic step toward Mirae Asset’s vision of expanding its footprint in India’s retail broking space. The combination of Mirae Asset’s international resources and Sharekhan’s market strength aims to deliver a broad, all-encompassing financial services platform designed to cater to clients from various sectors and backgrounds. Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇) #RetailBroking #FinancialServices #MergerandAcquisition #BusinessExpansion #VCCEdge

HROne, one of India’s leading HR and payroll platforms, continues to innovate with a strategic partnership with SalarySe. The collaboration aims to revolutionize employee wellness and HR management, enhancing benefits, streamlining processes, and improving workforce engagement. The company recently raised $4 million pre-Series B funding. As formalisation of workforce grows in India, the segment is poised to grow further in years to come. Here’s a closer look at how the company is scaling its operations and transforming the HR landscape. Can HROne create a niche in HR Management for the Indian Workforce? What do you think, tell us in the comments section. For premium market intelligence and insights, explore VCCEdge (link in the comments section 👇) #Companydeepdive #VCCEdge #HROne Karan Jain

EV leasing and lifecycle management firm AltMobility has raised $10 million (about Rs 840 crore) in a Series A round that was led by some of its existing backers, including European venture capital firm Eurazeo. The corporate VC arm of the Dutch energy giant Shell Ventures, Ev2 Ventures, and Twynam also participated in the Series A round. Alt Mobility, currently owns a fleet of 10,000 electric vehicles across 20 cities in India and has leased them to operators and individual drivers. It is well placed to expand its fleet to 30,000 vehicles by March 2026 and grow its assets under management by a factor of four to Rs 800 crore in the next 18 months. The company was founded in 2021 and its platform provides complete lifecycle management of electric fleets, combining leasing with insurance, roadside service, maintenance, charging and parking hubs. Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇) #SeriesAFunding #ElectricVehicles #VentureCapital #SustainableMobility #VCCEdge Dev Arora

Zopper, an insurtech startup, raised $25 million in Series D funding, with Elevation Capital and Dharana Capital leading the round as well as participation from existing backer Blume Ventures and other investors such as Creaegis, Bessemer Venture Partners, and ICICI Venture. The funding will enable the company to refine its data science and AI capabilities, delivering superior customer experiences and post-sales support in the device protection market. Zopper leverages its robust platform of more than 1,000 APIs to redefine the insurtech space in India by offering tailored, byte-sized insurance solutions. The company continues to prioritize product innovation and technology enhancement to meet customer needs. Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇) #Insurtech #SeriesDFunding #TechInInsurance #DataScience #VCCEdge Mayank Gupta

Solarworld Energy Solutions Limited has secured approximately ₹110 crore through a pre-IPO placement round with investors, including ValueQuest Investment Advisors. As a result, the fresh issue component of its upcoming IPO has been revised to ₹440 crore, down from the initial estimate of ₹550 crore. Nuvama Wealth Management Ltd and SBI Capital Markets Ltd are serving as the book running lead managers for the issue. On November 21, the solar energy solutions firm allocated 31.24 lakh shares to investors at ₹352.05 per share, raising ₹109.99 crore. Investors included ValueQuest Scale Fund, VQfastercap Fund, and individual backers. The ₹420 crore raised from the fresh issue will be primarily allocated to Kartik Solarworld, a subsidiary of Solarworld Energy Solutions, to help fund the establishment of a 1.2 GW Solar PV TopCon manufacturing facility in Pandhurana, Madhya Pradesh. The remaining amount will be directed towards general corporate purposes. Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇) #VCCEdge #IPO #SolarEnergy #RenewableEnergy #Sustainability

Here’s our weekly roundup of top deals from November 18-24.   A total of 35 deals, worth $2337.5 million, were recorded across multiple sectors.  Key Highlights:  Private Equity Investments:  - Total no. of deals: 20  - Total deal value: $637.7 million This segment included 10 angel/seed investments collectively worth $28.6 million, 8 venture capital deals totalling $546.3 million,1 public equity deal amounting to $61.7 million and 1 Pre- IPO deal valued at $1 million. Mergers and Acquisitions:   - Total no. of deals: 12  - Total deal value: $674.2 million Among these, 9 were domestic deals totalling $324.2 million, 2 Inbound deals amounting to $350 million and 1 Outbound deal at an undisclosed amount. Equity Capital Market  - Total no. of deals: 3  - Total deal value: $1025.6 million This segment included 2 IPO worth $136.9 million and 1 QIP valued at $888.6 million. For more such premium market intelligence and insights, visit VCCEdge.com. #PrivateEquity #MergersAndAcquisitions #EquityMarkets #VCCEdge #WeeklyDealsRoundup VARUN BEVERAGES LIMITED KiranaKart Zepto Advanta Seeds PSP Projects Limited

Kratos Gamer Network (KGeN), a decentralized gaming platform, secured $10M in a funding round led by Aptos Labs, with contributions from Polygon and Game7. The investment boosted its valuation to $500M, up from $150M earlier this year. Founded in early 2023 by Manish Agarwal (former CEO of Nazara Technologies Limited) and Ishank Gupta, KGeN has raised a total of $30M. The platform aims to create a decentralized network where gamers can own and monetize their data. The company reported $12.1M in revenue as of October 2024 and aims to hit $25M by next year. With over 180 gaming partners, the company aids in user acquisition and optimizing returns on investment. Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇)   #GamingPlatform #DecentralizedGaming #GamingIndustry #FundingNews #VCCEdge Polygon Labs

CredFlow, a fintech startup offering cash flow management solutions for Indian SMEs, has secured $3.7 million (over Rs 31.2 crore) in a pre-Series B round, led by existing investors Inflexor Ventures and a Singapore-based family office.   The startup offers various solutions for SMEs, including invoice collection, payment acceptance, payment reminders, and automated follow-ups. In its previous two funding rounds, the company raised $9.2 million from venture capitalists. In 2021, the company secured $2.1 million in a seed round, led by Stellaris Venture Partners, Omidyar Network India, and Flourish Ventures. Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇) #Fintech #FamilyOffice #SMEFinance #VentureCapital #VCCEdge Kunal Aggarwal

As the demand for flexible workspaces rises, Incuspaze, an early-stage provider of premium co-working spaces in India, has announced plans to invest ₹100 crore to expand its footprint. The company aims to add 2 million square feet of office space by 2025, strengthening its position in the dynamic commercial real estate market. Incuspaze’s unique business model, focused on scalable, customized solutions, is poised to meet the growing demand for agile office spaces. With a focus on innovation and customer-centric services, here’s a closer look at the company’s journey so far. Will Incuspaze's strategic expansion plans help it gain market share in India's competitive co-working space market? What do you think, tell us in the comments below. For premium market intelligence and insights, explore VCCEdge (link in the comments section 👇) #Companydeepdive #VCCEdge #Incuspaze Sanjay Choudhary Sanjay Chatrath