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Chiratae Ventures, is a technology venture capital firm focused on growth-stage startups in the Indian market. The venture firm was founded by Sudhir Sethi and T. C. M. Sundaram as the Indian arm of the global venture capital firm IDG Ventures in 2006. The firm manages total assets of over $775 million in over 85 investee companies.
Startups have made attempts to launch lunar rovers and are analysing satellite images to uses in agriculture and climate. Bangalore is the home of India's first electric car brand, Reva was acquired by a large domestic car company, Mahindra & Mahindra. Several startups in automotive services, marketplaces are situated in the city.
The company announced a Series B extension funding of $24 million from M&G Catalyst and Glade Brook Capital Partners, bringing the total Series B funding to $60 Million. This funding puts Pixxel as one of the highest-funded space-tech startups in India and the highest-funded hyperspectral imaging company globally.
In 2017, Log9 secured its first round of funding led by Gems Partners, a micro venture capital fund, [7] to establish its own research & development center in Bangalore and tied up with the Indian Institute of Science to build products jointly using the latter's analytical and research capabilities.
[8] [9] [10] It is owned and operated by Vivish Technologies, a company also based in Bangalore, India. [11] [12] The company received its initial round of funding in 2018, with a $2.5 million investment from Prime Venture and opened offices in seven cities. [13] [14] As of 2023, the app is used by 3.5 million homes across 25,000 societies. [15]
Ultraviolette Automotive (ˌʌl.trəˈvaɪə.lət), commonly referred to as Ultraviolette or UV, is an Indian brand that manufactures and sells performance electric motorcycles.
It is the second company from the InMobi group to have become a unicorn, or a startup valued at more than $1 billion. [ 9 ] In June 2022, Glance launched a three-day digital event called Glance LIVE Fest , with Bollywood actor Rajkummar Rao starring in their marketing campaign to promote it.
The company was founded by Srinath Ravichandran, Moin SPM, Satyanarayanan Chakravarthy and Janardhana Raju within IIT Madras with a seed funding of ₹ 3 crore (equivalent to ₹ 4.2 crore or US$490,000 in 2023) with aim to develop and launch its first rocket in 2021 and subsequently develop ability to provide launch service for satellites weighing up to 100 kg (220 lb).