Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.

Startup: Ravity Software Solutions Private Limited

Sector: Connected mobility intelligence

Amount: INR 2 cr

Led by: Maruti Suzuki India Limited

Maruti Suzuki India Limited (“Maruti Suzuki”) announced investment of nearly INR 2 crore in Ravity Software Solutions Private Limited, for an equity stake of over 7.84% through Maruti Suzuki Innovation Fund. Ravity Software Solutions Private Limited is a technology-led startup which specializes in providing connected mobility insights.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited said, “Aligning to our core value of keeping customer at the core of our business, we are focused on enhancing vehicle ownership experience. In the age of open innovation, we strive to co-create business solutions with specialized entities operating in the particular field. Startups are ideal partners as they bring ...