India Digest: Shivalik Small Finance Bank, MoEVing, AlmaBetter raise capital

Shivalik Small Finance Bank has raised $13.4 million (Rs111 crore) in equity co-led by global venture capital firms Accel and Quona Capital. Separately, upskilling platform AlmaBetter has raised $2.7 million in a seed round led by Kalaari Capital, while electric mobility tech platform MoEVing raised $2.5 million from JSW Ventures.