Dil Foods, a company that works with small to medium-sized independent food enterprises and restaurants, just received $128,000 in angel finance. With this money, the company plans to expand and develop in Bengaluru. It has gone live for home delivery in 15 sites throughout Bengaluru in just over two months. It touts itself as an … Read more
Mahendra Singh Dhoni has been roped in to be the Brand Ambassador and Shareholder in Garuda Aerospace. About his association with Garuda, M S Dhoni said, “I’m happy to be a part of Garuda Aerospace and look forward to witness their growth story with the unique drone solutions they have to offer.” Agnishwar Jayaprakash, Founder … Read more
DJT Financial Services, targets first-time lady entrepreneurs, who are aspiring to create an income of their own and be the breadwinners in the family, together with their spouses. During Q3 & Q4 FY21, DJT Financial Services have disbursed over INR 10 crore to over 3300+ ambitious lady entrepreneurs. In addition, over the following 12 months, they … Read more
Imagindairy, Ltd, a foodtech business that develops animal-free milk proteins, has raised an extra $15 million in its extended seed round. The first round, which took place in November 2021, raised US$13 million. This raises the total investment capital to US$28 million, making it one of the most profitable seed rounds in the alternative protein … Read more
99 Pancakes, a Mumbai-based quick service restaurant (QSR), has raised Rs 6.5 crore from a group of angel investors in a round of fundraising. In the next months, India’s first QSR chain specialising in pancakes plans to use the funds for aggressive expansion and marketing across the country. The company, which recently partnered with major … Read more
Mankekar Family Office, Artha Venture Fund, Siddharth Shah, and API Holdings’ Dharmil Sheth, among others, led a $4.5 million pre-Series A fundraising round for Mumbai-based chess institution HobSpace. The money will be used to expand internationally and speed up product development. HobSpace will also put the money on technology to improve the students’ entire experience. … Read more
Fortis Digital Ventures is raising $100 million for an altcoin-focused digital assets fund. The fund attempts to bridge the gap between traditional and decentralised finance, according to a statement provided with CoinDesk by the company. Fortis Digital Ventures was founded by the managing partners of Fortis Financial Group, a Seattle-based investment firm with over $250 … Read more
Smytten, a product discovery and trial platform powered by technology, has raised Rs 100 crore in Pre-Series B funding from Fireside Ventures and Roots Ventures. Sharrp Ventures, Waao Partners, Survam Partners, and Sattva Group Family Office also participated in the fundraising round. The company’s valuation, while secret, has doubled as a result of this funding. … Read more
O’2 Nails, a fast-growing consumer and fashion retail firm specialising in nail care, has acquired $75,000 in funding from Atal Incubation Centre – BIMTECH and other notable investors as part of the Government of India’s Startup India initiative. The Seed Fund Scheme provides capital in the form of debentures. Under their “Gurukul” programme, AIC – … Read more
Adventum Student Living (ASL) announced on Monday that it has raised $5 million from investors (about Rs 38 crore). Adventum Student Living (ASL), which launched in 2020, helps students locate housing and education financing through its online platforms UniAcco, UniCreds, and UniScholarz. It also provides different assistance to students seeking higher education abroad. The company … Read more
Lenskart Solutions Pvt. Ltd, an eyewear company, announced on Monday that it had invested over $100 million in Singapore-based Neso Brands as seed capital. According to the release, Neso Brands, based in Singapore, will continue to invest in consumer eyewear brands and grow them by using synergies across the Lenskart Group to drive worldwide expansion. … Read more
Few sources with firsthand knowledge of the situation said that Singapore’s sovereign wealth fund, GIC, has managed to steal the show by announcing that it is in talks to buy a major minority stake in direct-to-consumer cosmetics and personal care firm Wow Skin Science for $75 million. WowSkin Science, founded in 2014 by brothers Manish … Read more
Smartr Logistics, a newly formed logistics start-up, has announced the launch of its official website and company logo. The logo elevates the company’s corporate identity and represents its goal to be a “one-stop solution for all logistical requirements.” Echoing the brand name – “Smartr Logistics”, the logo is a modern design inspired by the company’s … Read more
Fyllo, an agritech firm, has secured $2 million in a round headed by IAN, Triveni Trusts, Ninjacart, and new investors Venture Catalysts, StarAgri, Kia Ora Ventures, Singularity Ventures, Mastermind Capital, and Angel investors. Fyllo, a data-driven Agri-science platform founded in 2019, ensures the quality and quantity of agricultural produce. Their IoT technology identifies and measures … Read more
ApnaKlub, an FMCG wholesale platform for low population density areas, revealed on Thursday that Tiger Global has invested $10 million in its Series A round. In August 2021, they raised $4 million from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital, and Flourish Ventures. The Bengaluru-based firm, founded in 2020 by HBS alumni Shruti and Manish … Read more
Agatsa, a medtech startup that specialises in cardiac issue diagnostics, has raised Rs 125 million to expand its operations and product portfolio. Its goal is to transform India’s cardiac care business. Agatsa has established itself as India’s first B2C med-tech brand, and it is now pursuing B2B partnerships with large hospitals and telehealth firms, according … Read more
