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Funding

Ather Energy raises Rs 1,340 crore from 36 anchor investors ahead of IPO


Electric two-wheeler (E2W) maker Ather Energy has raised Rs 1,340 crore from anchor investors ahead of its initial public offering (IPO), which opens on April 28.At its board meeting held on April 25, the Bengaluru-based company finalised the allocation of 41.7 million equity shares to 36 anchor investors at Rs 321 apiece. This includes a share premium of Rs 320 per share, Ather said in an exchange filing.

Participants in the anchor round include State Bank of India, Custody Bank of Japan, Aditya Birla Sun Life Insurance, Abu Dhabi Investment…



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by Startup Story Media

Biotech Funding Alert ByStartupStory     |    November 11, 2025 BioactivX, a Singapore-based biotech startup specializing in advanced wound care solutions, has successfully raised $1.4 million in seed funding. The round was led by Cocoon Capital, a prominent early-stage venture… Source link

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