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AgriTech

Akshayakalpa raised $15Mn in Series B from British International Investment & Rainmatter Foundation

Agritech startup Akshayakalpa raised $15 million in Series B from new investors including British International Investment and Rainmatter Foundation where existing investor–Venture Dairy also participated.

Akshayakalpa sells organic milk, milk products, and other food items like cheese, buttermilk, honey, and bread to customers directly. Akshayakalpa will use the new funds to aggressively invest in existing markets such as Bengaluru, Chennai, and Hyderabad, as well as expand into new geographies such as Pune, Mumbai, and Kochi. Furthermore, funds will be used to take its organic dairy products to PAN India. According to the company, these products do not contain antibiotics, synthetic additives, hormones, or chemical pesticide residue.

by Startup Story Media

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by The Economic Times

Digital lending startup Finnable has raised Rs 250 crore this August in a funding round led by Z47 (formerly Matrix Partners) and TVS Capital. This is the company’s second tranche, with the first Rs 250 crore being infused by the same investors back in November 2024. Post this round, the total capital raised by the Bengaluru-based lending startup stands at Rs 540 crore. The MEMG family office, led by Ranjan Pai, has also invested in the company. The firm plans to invest the fresh funds in technology, expand its branch network, and build new product… Source link

by The Economic Times

Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC. The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks. For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data… Source link