ITC intends to purchase a 10% share in Blupin Technologies Private Limited, the firm behind the Mylo brand. Mylo is a full stack community eco-system focusing on the parenting journey of young families, which was founded in 2017. Mylo provides a diverse and relevant selection of material, health tools, chats, and community sharing features to … Read more
Nat Habit, a personal care brand which uses FRESH natural, preservative & chemical free products, raised $4 Million in Series A funding. This round was led by consumer-brands-focused Fireside Ventures, along with participation from existing investors. The round also provided exits to some of the early angel investors. The new round will be used to accelerate growth, … Read more
Vayana Network Services Pvt Ltd, a digital trade financing network, has raised $15 million (Rs 114 crore) in Series C funding from the International Finance Corporation (IFC) and PayU. The Pune-based firm intends to use the additional funds to develop MSME-focused solutions. Vayana Network is a B2B trade financial intermediary that connects SMEs and corporates … Read more
Native Angels, a Tier II and III region-focused angel investor network, led a Rs 1.15 crore angel fundraising round for Coimbatore-based agro firm Laymen Agro Ventures, which operates under the VilFresh brand. Upaya Social Ventures and Sangam Ventures also took part in the round. The business hopes to use the funds to expand to five … Read more
Prakriti E-Mobility, an electric mobility startup, has received an undisclosed amount of lead investment from IEG Investment Banking Group as part of its pre-Series A funding round. The money will be used to grow the company’s electric vehicle (EV) fleet and install more charging stations across the country. It will also utilise the funds to … Read more
Rapido, a bike taxi startup based in Bengaluru, has secured $177.5 million in a fundraising round led by food delivery aggregator Swiggy. Another new investor, TVS Motors, also participated in the round. Rapido’s current investors, WestBridge Capital, Nexus Ventures, and Shell Ventures, all contributed to the round. Swiggy was reportedly in talks to lead Rapido’s … Read more
9am.health, a fast-growing virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers, today announced a $16 million Series A funding round, bringing its total funding to date to nearly $20 million. The latest round was co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health and Leaps by Bayer, and existing investors Define Ventures and Founders Fund. 9am.health offers … Read more
ITILITE, India’s fastest growing SaaS-based travel and expense management platform, announced its $29 Million Series C fundraise led by Tiger Global and Dharana Capital along with participation from existing investor Matrix Partners India and Tenacity Ventures. Despite adverse market conditions, ITILITE has seen 5x growth since its Series B round in 2020, as companies worldwide … Read more
Mesh, a performance management firm, announced on Wednesday that it had raised $11 million in Series A funding from RTP Global. According to the official release, the new funds will be used to help Mesh focus on establishing a global team in order to expand further in the US and APAC regions. Since its inception … Read more
Bengaluru headquartered, PhableCare, India’s largest chronic disease management company, has raised Series B funding of INR 187 crores (USD 25 Million) within one year of raising Series A. The round was led by Kalaari Capital with participation from Aflac Ventures, Digital Horizon, Stride Ventures. Existing investors, Omron Ventures, SOSV, Social Starts, and Fresco Capital also participated in … Read more
Instoried, a user-friendly, intuitive web platform designed to help people craft empathetic and more effective written content, has announced that it has signed an agreement with the GEM Global Yield LLC SCS, an alternative investment group with offices in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility … Read more
Live video and audio calling platform Dyte today announced that they have raised US$11.6 million in seed funding from Unbound, Sequoia Capital India’s Surge and Nexus Venture Partners. The funding will be used to expand their product and engineering team and focus on international hires while building for a global market. Dyte is a developer-friendly, … Read more
XYXX, a premium men’s innerwear and comfort wear label, has signed Indian cricket legend KL Rahul as their first-ever innerwear and lounge wear brand ambassador. This partnership between the top cricketer and the brand would solidify XYXX as a market favourite and pave the road for new client acquisition. With KL Rahul as the face … Read more
Plum, a100% vegan, cruelty-free &toxin-free beauty brand has raised $35 million (INR 270 crores) in a Series C round led by A91 Partners – a leading late stage-focused venture capital fund. The round also saw participation from existing investors Unilever Ventures and Faering Capital. To date, Plum has raised over $50 million from consumer-focused institutional … Read more
O’hi is the social networking app that took the first movers advantage using the power of real-life human interaction in the same physical space as café to allow people to make meaningful connections instantly. The firm has raised INR 3 Cr. in seed funding from marquee investors such as Rahul Mehta ( Managing partner DST … Read more
New Delhi-based health and wellness brand, Welly, raises $400K in a Seed round from Anthill Ventures. Founded by Urvi Raghbeer, Welly was selected under Athena, a one-of-a-kind scaling program by Anthill ventures supporting women founders. The funds raised will be utilized by Welly to expand the product portfolio, increase the customer base, and grow the … Read more
