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Battery Smart has secured $25 million in a funding round led by Tiger Global. With that, Battery Smart becomes the third Indian electric vehicle startup that has raised funds from Tiger Global. Battery Smart, an electric vehicle (EV) battery switching firm, announced a $25 million fundraising round headed by Tiger Global, with participation from Blume Ventures and Orios Ventures. This is the third Indian EV firm to receive funding from Tiger Global, following EV manufacturers Ather Energy and Ola Electric. Battery Smart last secured $7 million from Blume Ventures, Orios Ventures, and others in November 2021. The extra funds will be used to grow into new markets, develop its technology, and build its personnel in order to continue scaling operations, according to the business. The money comes as a result of the government's strong interest in the battery swapping scheme. Niti Aayog, the government research tank, presented a draft battery swapping policy last month wit...

Grain, a fully remote firm, has secured a $16 million Series A fundraising round headed by Tiger Global Management. The round gives a boost to Grain's aim to turn virtual lectures and meetings into video snippet libraries. Zoom, the Slack Fund, Unusual Ventures, and Freestyle VC were among the other investors in the round. "We're building a video meeting system of record for information," Co-Founder and CEO Mike Adams explained. "Grain enables employees to 'click and interact' around insights, subjects, teams, or relationships." "[Grain] would become a] library of insights that can allow a team to have and share a micro moment — even highlight reels of 10 customer meetings — which will be a far more compelling method of presenting the truth of an experience," he added. The final conclusion, according to Adams, is that the four-year-old remote tech business is "organizing information so our customers can locate signals in the chaos a...

Wiz Freight has secured Rs 275 crore in a funding round. Tiger Global led the Series A round in the supply chain startup. Wiz Freight, a supply chain startup, has received Rs 275 crore ($36 million) in a Series A round led by Tiger Global and co-led by Axilor, Foundamental, Arali Ventures, Stride Ventures, and Alteria Capital. In August of last year, the Chennai-based business raised $3.5 million in a venture round headed by Axilor. Wiz Freight wants to grow to 15 countries in Southeast Asia, West Asia, and Africa with the new funds, according to a statement from the business . In addition, the business will hire additional employees and establish two research centres in AI, blockchain, and connected devices in Singapore and Bengaluru. Wiz Freight, founded in 2020 by Ramkumar Govindarajan and Ramkumar Ramachandran, offers end-to-end shipment management solutions such as price discovery, booking management, shipment tracking, paperwork, shipment finance, and customer supp...