Syfe Raises $27M to Fuel Global Expansion; Fresh Bus Secures $10.5M to Scale Electric Intercity Fleet

Syfe and Fresh Bus Secure Funding to Expand and Innovate

Investment platform Syfe and electric bus startup Fresh Bus have raised new funds to fuel their growth. Syfe secured $27 million, while Fresh Bus raised $10.5 million. Both companies are set to use this capital to expand their operations and drive innovation.

Syfe Raises $27M for Tech Hub and Global Expansion

Syfe, an investment platform based in Singapore, has raised $27 million from investors including Valar Ventures and Unbound. This brings Syfe’s total funding to $79 million. The new funds will be used to expand Syfe’s engineering and product teams in India, where its tech center is located.

• About Syfe: Syfe operates in Singapore, Hong Kong, and Australia. It has been profitable in Singapore since early 2024, with client assets more than doubling in the past year. The company plans to use the new funds to grow its team in India and enhance its global reach.

Fresh Bus Raises $10.5M to Expand Electric Bus Network

Fresh Bus, a Mumbai-based startup offering all-electric intercity bus services, raised $10.5 million in a Series A funding round led by Maniv. Other investors include Shell Ventures, Alteria Capital, and Riverwalk Holdings.

• About Fresh Bus: Currently, Fresh Bus operates 20 electric buses on routes like Bengaluru-Tirupati and Hyderabad-Vijayawada. The new funds will help the company add 15 new routes and 150 e-buses soon. Fresh Bus aims to scale up to 1,000 electric buses across India in the next four years.

Strategic Growth Plans

Syfe and Fresh Bus are leveraging their new funds to drive growth. Syfe will focus on expanding its tech hub in India and rolling out new products globally. Fresh Bus is set to transform intercity travel in India with its growing fleet of electric buses.

As these companies scale, they are poised to make a big impact in their industries, contributing to economic growth and technological advancements.