Ethereal Machines Raises $28.5 Million at Nearly 4X Valuation Jump
Ethereal Machines Secures Series B Funding Deeptech manufacturing startup Ethereal Machines is set to raise ₹264.5 crore (approximately $28.5 million) in its Series B funding round. The round is led by Avataar Venture Partners, with participation from: Peak XV Partners Novellus Systems Other investors including Sustained Innovations, Eventures India, and Indigo Circle Advisors Significant Valuation […]
Pine Labs Acquires Shopflo for ₹88 Crore to Build Full-Stack E-commerce Platform
Pine Labs Expands E-commerce Capabilities with Shopflo Acquisition Indian fintech company Pine Labs has acquired ecommerce software startup Shopflo in an all-cash deal worth ₹88 crore ($9.3 million). The acquisition is part of Pine Labs’ strategy to evolve into a full-stack commerce platform, integrating both online and offline payment experiences for merchants. Strategic Focus on […]