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EV Startup RACEnergy Raises Funds For Its Battery Swapping Tech

Deeptech battery swap startup RACEnergy has raised $3 Mn in a Pre-Series A, debt and equity round led by growX ventures

Andhra pradeshGautham maheswaranArun sreyasMicelio fundAutomotive research association of indiaMicelio mobilityPre seriesProphetic venturesAutomotive industry standardAutomotive research association

Exclusive: WestBridge Capital-Backed SaaS Startup Skit ai Lays Off 115 Employees

Bengaluru-based SaaS voice automation startup Skit.ai laid off around 115 employees across different roles on Thursday.

Sourabh guptaAaryaman vir shahAkshay deshrajAngellist syndicateKalaari capitalExfinity venturesProphetic venturesHarappa education

Awareness must for next phase of growth for Account Aggregators: Finarkein Analytics Nikhil Kurhe

Experts say Account Aggregator System drastically reduces the chance of financial fraud compared to the offline process

Nikhil kurheMb fundFintech disrupt fundAccount aggregatorsFinarkein analyticsAccount aggregatorReserve bankDigital goodsInfo edgeDisrupt fundProphetic venturesInarkein analytics

India Digest: Affirma leads $40m funding in EPACK Durable; Procol raises $6 4m from GMO, others

EPACK had raised $24m from ICICI Ventures in Sept 2021

Aaryaman vir shahAnkit sethi fungAshish dave miraeAffirma capitalAlarko venturesEsas venturesFounderbank capitalBlume venturesKunal shahMars shot venturesRazorpay foundersDeb deep senguptaZetwerks founderAshish daveAnkush groverRebel foods

Weekly rundown: Shiprocket turns unicorn; Razorpay buys Ezetap

The start-up ecosystem saw the rise of a new unicorn, a set of acquisitions and a couple of venture capital fund announcements in a busy week of activity.

Zachary hargreavesSanjeev aggarwalNandan nilekaniFounders fundStride ventures india fundZomato ltdFundamentum partnershipAyu healthYuj ventures xander groupNew delhi basedBertelsmann india investmentsMarch capitalMoore strategic venturesPaypal venturesSunstone eduversityAlteria capital

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