Cleantech Firm Lohum Raises $22.64 Million in Series B Funding Round
Cleantech company, Lohum, has recently secured $22.64 million in a Series B funding round. The funding was provided by a group of investors including Baring Private Equity Partners India and VenturEast. Lohum specializes in the recycling of lithium-ion batteries, addressing the growing need for sustainable solutions in the tech industry.
Astrotalk Services Raises $20 Million in Series A Funding for Online Astrology-based Predictions
Astrotalk Services, a platform offering online astrology-based predictions, has successfully raised $20 million in a Series A funding round. The funding was led by Left Lane Capital, highlighting the increasing interest in astrology-related services in the digital realm.
Amber Internet Solutions Secures $18.5 Million in Series A Funding to Connect Students with Long-Term Accommodations
Amber Internet Solutions, a company specializing in connecting students with long-term accommodations near universities, has raised $18.5 million in a Series A funding round. This funding, supported by Gaja Capital, highlights the rising demand for convenient student housing solutions.
Mbook Technology Raises $15 Million in Series A Funding to Streamline the Iron and Steel Supply Chain
Startup company Mbook Technology has secured $15 million in a Series A funding round. Investors such as Rigel Capital and FJ Labs have recognized the potential of Mbook’s endeavor to streamline the iron and steel supply chain, offering efficiency and cost savings.
Supertails Receives $15 Million in Series B Funding to Support Online Pet Store Expansion
Online pet store, Supertails, has recently secured $15 million in a Series B funding round. The funding comes from investors including RPSG Capital Ventures and Fireside Ventures, underscoring the significant growth and potential in the pet retail industry.
These recent funding announcements demonstrate the diverse range of industries attracting investment and reflect the growing appetite for innovative solutions across various sectors.
Analyst comment
Cleantech firm Lohum’s funding will boost its efforts in battery recycling, indicating a positive market for sustainable solutions. Astrotalk’s funding suggests a growing demand for online astrology services. Amber Internet Solutions’ funding reflects the market potential for student accommodation platforms. Mbook Technology’s funding highlights the market interest in streamlining the iron and steel supply chain. Supertails’ funding shows a positive market for online pet stores.
