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Article on May 23, 2023

Unity Small Finance Bank, Actyv.ai To Offer BNPL Solutions To B2B Clients

Unity Small Finance Bank, Actyv.ai To Offer BNPL Solutions To B2B Clients

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Insurtech Startup Covrzy Secures Rs3.2cr In Pre-seed Round Led By Antler

The round also saw participation from Veda VC. Covrzy intends to use the funds to hire across tech, product, operations, business development

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Industrial IoT Startup Infinite Uptime Raises $18mn From Tiger Global, GSR, Others

The round also saw participation from the existing investors GSR Ventures, VenturEast, Mayfield and THK

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Vivriti's $250mn Securitisation Fund Raises Capital Form IFC, M&G

The USD 250 million fund would be based in India's GIFT city and will hold between 40 and 50 ABS investments at any given moment

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Drone Startup PDRL Bags Rs3.5cr In Pre-Series A Round

The new funding will be used to invest in new customer acquisitions, expand the team, and scale operations

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Physis Capital Announces First Close Of CAT II At $7mn

Physics is expected to close the USD 50 million fund in 2024. It plans to invest in Pre Series A to Series B rounds. It aims to build a select portfolio of 15 — 20 startups

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LegalPay Launches $3mn Fund For Sports Disputes To Help Athletes

LegalPay CEO said that this fund will be used in an all-encompassing manner to cover all kinds of disputes in this sector

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Water-tech Startup Boon Eyes Expansion In ASEAN Nations, To Invest $10mn

The company claims that it has become the largest supplier of glass water bottles in the world, with an estimated revenue expectation of around USD 50 million in the next few years

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