Miko plans to utilize the fresh funds to support research and development, expand sales and marketing efforts, manage operating expenses, and meet working capital needs.
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The funds will be utilized to accelerate the company’s growth, enhance its team, streamline operations, and continue innovating its parking solutions
The funds will be utilized to scale Alt Mobility’s fleet to 30,000 electric vehicles (EVs) by March 2026, expand asset management to ₹800 crore AUM over 18 months
ShopDeck’s funds will be utilized to enhance it’s AI-powered technology, expand operations in tier-2 and tier-3 cities, and increase hiring.
The fresh fund will be used to enhance the company’s operations, including expanding its team, boosting brand visibility, and recruiting jewellery experts and consultants.
This fresh capital will be used to strengthen the brand’s market position by deepen its category assortment, enhancing its omnichannel presence, and onboarding premium international brands
The newly raised fund will be used to build a dedicated team in the United States, enhance its technology platform, and improve supply chain tracking and management.
With this funding, Beyond Appliances is set to expand its product range, enhance its technology, and drive growth in the increasingly competitive smart appliance sector.
Of the total amount of funding, onecard has already been received ₹71.4 crore from the investors.
The newly raised funds will be used in accelerating the growth of CredFlow Finance, the company’s integrated digital lending subsidiary.
This funding follows an earlier $250,000 angel round backed by notable startup builders from companies like redBus, Ola, InMobi, Flipkart, and Myntra.
With this funding, Locad plans to expand its operations into the Middle East by the end of this year, targeting Saudi Arabia and the United Arab Emirates (UAE).