Rishav Mani’s Post

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Aspiring Computer Science Student | Virtual Intern at Scaler | Tech Enthusiast

Exciting News in India's Startup Ecosystem! I'm thrilled to share some major updates on the latest funding rounds: 🚀Auxilo Finserve has successfully raised $33.4 million, with LeapFrog Investments leading the round alongside existing investors, Trifecta Leaders Fund-I and Xponentia Opportunities Fund-II. Since its inception in 2018, Auxilo Finserve has been empowering students from over 1,100 universities and educational institutes across 30 countries. With this new funding, they aim to disburse loans worth ₹25,000 crore to support more than 150,000 students pursuing higher education, skilling, and executive courses. 💡 BluSmart, the pioneering EV ride-hailing platform, has raised $24 million in a pre-Series B round. The funding saw participation from responsAbility Investments AG, Sumant Sinha, MS Dhoni Family Office, and other notable investors. BluSmart is on a mission to revolutionize urban mobility with a robust EV charging infrastructure and an expanding fleet that now boasts 7,500 EVs across Delhi NCR and Bengaluru. This funding will further bolster their efforts to create a sustainable and efficient transportation network. To date, BluSmart has raised a total of $109 million across its seed and Series A rounds. It's inspiring to see such dynamic growth and innovation in India's startup landscape. Congratulations to both Auxilo Finserve and BluSmart on these significant milestones! Source: The Economic Times: https://lnkd.in/e8vBCg6r BluSmart: https://lnkd.in/eRqgRSxw Business Standard: https://lnkd.in/eGkH6tjR LiveMint - https://lnkd.in/d23-Ys5M #StartupFunding #Innovation #ElectricVehicles #EducationLoans #SustainableFuture

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