Nodwin Gaming, a leading player in the Indian esports scene and a subsidiary of Nazara Technologies, has acquired Trinity Gaming in a landmark deal valued at ₹24 crore ($2.8 million). This strategic move solidifies Nodwin’s presence in India’s gaming and content ecosystem, as Trinity Gaming now becomes a fully-owned subsidiary of Nodwin Gaming. Deal Structure … Read more
ShopDeck, a Bengaluru-based software provider specializing in D2C (Direct-to-Consumer) solutions, has secured $8 million in Series B funding. The investment round was led by Bessemer Venture Partners and saw participation from Elevation Capital, Chiratae Ventures, and General Catalyst. Utilization of Funds ShopDeck aims to utilize the newly raised capital to: Expand its talent pool by … Read more
Arihant Foundations & Housing Limited has successfully raised ₹109 crore through a preferential equity allocation. This funding round saw participation from prominent investors, including the Lotus Family Trust led by renowned investor Madhusudan Kela and CaratLane founders Mithun Sacheti and Siddhartha Sacheti. Strategic Expansion Plans The Chennai-based real estate developer plans to utilize the funds … Read more
ParkMate, a leading provider of intelligent parking solutions, has secured $1.2 million in a fresh funding round led by Cactus Partners, an early growth-stage startup fund. The round also saw participation from existing investors, including the Marwah Group Family Office and Venture Catalysts. Strategic Utilization of Funds ParkMate plans to utilize the new capital to: … Read more
Univest, a leading wealthtech startup, is reportedly in discussions to secure $16 million (approximately ₹135 crore) in its upcoming Series A funding round. The round is expected to be led by Bertelsmann India Investments (BII), with participation from Innoven Capital through a combination of debt and equity financing. According to sources cited by Economic Times … Read more
D2C mom and baby care brand, All Things Baby, has successfully raised ₹30 crore in its Series A funding round. The investment was led by Inoventures and family office director Richa Choksi, marking a significant milestone in the brand’s growth journey. Expanding Product Lines and Premium Offerings Co-founder Tejal Bajla highlighted that the newly raised … Read more
Ikin Global, a leading IoT smart lock brand based in Mumbai, India, has successfully raised $1 million in its Pre-Series A funding round. The round was led by prominent investors Unicorn India Ventures and Callapina Capital, with continued support from existing stakeholders. Funding to Drive Innovation and Expansion The newly secured funds will fuel Ikin … Read more
Lab-grown diamond startup True Diamond has successfully raised $1 million in its seed funding round. The round was led by Titan Capital, Huddle Ventures, and Zeropearl Ventures, with contributions from notable investors such as Ashutosh Valani, Priyank Shah, Aashka Goradia Goble, Mamaearth founder Ghazal Alagh, Abhishek Goyal, and Anmol Jain. Strategic Utilization of Funds According … Read more
Bengaluru-based crypto investment platform BitSave has successfully raised an undisclosed amount in its pre-Series A funding round, led by venture capital firm Leo Capital. The fresh capital will support BitSave’s efforts to secure regulatory licenses, enhance its product offerings, and boost brand awareness, positioning the company for rapid growth in the crypto investment space. Focus … Read more
Indore-based Candytoy Corporate (CTC), a leading manufacturer of plastic promotional toys and confectionery, has successfully raised ₹110 crore in its Series A funding round. This round was backed by a diverse group of domestic investors, high-net-worth individuals (HNIs), angel investors, and institutional stakeholders, underscoring strong market confidence in the brand’s growth potential. Strengthening Manufacturing Capabilities … Read more
Beyond Appliances, an innovative smart kitchen appliance brand, has successfully raised $2 million in seed funding. The round was led by Fireside Venture Investment Fund III with additional support from Dharana Capital and prominent angel investors, including Shezan Bhojani (Design Cafe), Saurabh Jain and Ramakant Sharma (Livspace), and Chandru Kalro, former CEO of TTK Prestige. … Read more
Mobile-first credit card startup OneCard is set to raise ₹239.4 crore ($28.5 million) from prominent investors, including Better Tomorrow Ventures, Peak XV Partners (formerly Sequoia Capital), and Z47 (formerly Matrix Partners). This marks the company’s first equity investment of 2024, following a debt funding round earlier in January. Key Details of the Funding Round According … Read more
Solarworld Energy Solutions has successfully raised approximately ₹110 crore in a pre-IPO funding round. Key investors include ValueQuest Investment Advisors, along with several prominent funds and individual backers. This strategic funding has allowed the company to scale back its planned Initial Public Offering (IPO) from ₹550 crore to ₹440 crore. Key Details of the Pre-IPO … Read more
Ukhi, a pioneering biomaterials startup specializing in sustainable, biodegradable packaging, has secured $1.2 million in a pre-seed funding round. The investment was led by 100Unicorns, with participation from Venture Catalysts, angel investor Avtar Monga, and debt financing from the Small Industries Development Bank of India (SIDBI). Funding to Fuel Growth and Innovation This new capital … Read more
Quick commerce leader Zepto has raised $350 million in its latest funding round, pushing its valuation to an impressive $5 billion, according to recent media reports. This funding, led by Motilal Oswal’s Private Wealth division, marks a strategic effort to attract domestic investors as the company prepares for its highly anticipated initial public offering (IPO). … Read more
Innov8, one of India’s leading coworking startups, is in advanced talks to raise ₹100 crore in a primary funding round. The company targets a valuation of ₹1,200 crore to support its ambitious expansion strategy. This funding will drive strategic acquisitions, technology enhancements, and partnerships, with a focus on deepening its presence in Tier I cities. … Read more
