kWh Bikes raises $2 million in seed funding from LetsVenture, others Bengaluru: Electric scooters startup kWh Bikes has raised $2 million in a seed round led by LetsVenture, and participation from Better Capital and Cloud Capital. The round also saw participation from Renu Satti (ex-CEO, Paytm Payments Bank), Vijay Shekhar Sharma (CEO, Paytm), Rajiv Nazareth
On February 13, LetsVenture notified investors of the changes in the PPM arrangement and asked for their consent through a Google form. The platform also added that in case of no response, it will be deemed consent , which has further invited the ire of LPs.
Switzerland-headquartered impact investor responsAbility will invest up to $25 million (Rs 207 crore) in electric mobility startup BluSmart.
The investment comes as a part of responsAbility’s ..
Amid the funding winter, India’s fintech sector experienced a significant setback, with a 63% decline in fund inflows throughout 2023, according to a report by Tracxn.