D2C footwear brand ‘Trase’ have successfully reacquired their brand from the roll-up company Upscalio. This strategic move was swiftly followed by a $500k Angel round, post-acquisition, led by notable investors Deep Bajaj and Mohit Bajaj, co-founders of Sirona Hygiene, along with Shiven Malhotra, Vikas Gautam, and Rohit Jain. Established in 2016, Trase witnessed substantial growth … Read more
Tomorrow Capital, a $100 MN Mumbai-based operating venture capital fund, has invested in VitusCare, a leading kidney care startup based in Gurgaon. Tomorrow Capital’s commitment to addressing chronic healthcare challenges in India is exemplified by its substantial lead investment in Vitus Care’s $2.7 MN Series A funding round. VitusCare, founded in 2017, has emerged as a trailblazer in the provision of quality … Read more
Caret Capital, a sustainability fund that invests across Mobility, Distribution and Employment, has invested in Delhi-based startup TraqCheck. Founded in November 2020 by Armaan Mehta, Jaibir Nihal Singh and Rishabh Jain, TraqCheck is an AI-based platform for employee background verification. It enables enterprises to onboard employees significantly faster and more accurately at a lower cost than traditional methods. “From the … Read more
In a groundbreaking development, SiftHub, the cutting-edge AI-powered platform, has announced the successful closure of a $5.5 million funding round led by Matrix Partners India and Blume Ventures, with significant participation from Neon Fund. This milestone marks a pivotal moment in SiftHub’s journey, bolstered by the enthusiastic support of executive operators and founders from leading … Read more
Hudle, a platform dedicated to sports and fitness enthusiasts, has secured Rs 7 crore in its pre-series A funding round, with leading participation from Inflection Point Ventures (IPV) and Sky Impact Capital. Survam Partners and Anay Ventures also joined the round, reflecting growing confidence in Hudle’s mission to promote sports engagement across India. Suhail Narain, … Read more
D2C brand A47.in, has raised funding of an undisclosed amount from Aditya Pittie. The company will utilize the capital for ramping up, expanding into new categories, collaborations, physical retail & marketing. The investment marks a significant milestone for A47, positioning it for accelerated growth and outreach. A47 celebrates India & its remarkable achievements and institutions … Read more
Popcorn & Company, a gourmet popcorn brand bagged an investment worth Rs. 75 lakh in the recent episode of Shark Tank India 3 currently being streamed on the OTT platform Sony LIV. The brand has secured a significant investment from shark Ms. Namita Thapar, Executive director of Emcure Pharmaceuticals. Founded in 2020 by Vikas Suri, … Read more
Cureskin, an AI-driven dermatology platform that provides clinically validated skin & hair health solutions, has raised Series B funding of USD 20 million. The round was led by India’s leading digital health-focused venture capital fund, HealthQuad along with participation from existing marquee investors including JSW Ventures, Khosla Ventures and Sharrp Ventures. The latest investment brings … Read more
Strengthening its commitment to the impact startup ecosystem, build3, a community-empowered startup studio in Goa, announces the success of its inaugural impact Accelerator cohort, with 5 selected startups receiving funding for their impact ideas. In parallel, with a commitment to nurturing impact ideas into startups, it also announced opening applications and doubling the number of founders … Read more
Co-living operator Settl has raised Rs 10 crore in a pre-Series A funding round as it now aims to expand its business operations. According to the startup, The round saw participation from Gruhas and We Founder Circle, along with other notable investors like Anthill Ventures, Gurugram-based Inflection Point Ventures, Ah! Ventures, Nila Spaces Limited, Soonicorn … Read more
Spring Marketing Capital, a marketing consultancy firm, has announced to invest in jewellery start-up GIVA. “I am glad to say we managed to bring Ishen around and happy to announce that Spring Marketing Capital is now an investor in GIVA”, Raja Ganapathy, CEO, Spring Marketing Capital, wrote in the post. Ganapathy appreciated Ishendra Agarwal, founder, GIVA and … Read more
To help empower Indian internet users with skills to make them resilient to misinformation, and embrace responsible online behavior, Google.org, Google’s philanthropic arm, has announced it is providing a new grant of US$ 4 million (approx INR 32 crores) to support a nationwide awareness and capability building initiative by the India- headquartered Cybersecurity advocacy global … Read more
Onsurity, a trailblazing provider of monthly subscription-based employee healthcare benefits geared towards SMEs in India, has successfully secured $24 million in Series B funding. This substantial investment round is spearheaded by the International Finance Corporation (IFC), the world’s largest global development institution. Notably, existing investors, Nexus Venture Partners, and Quona Capital, have also enthusiastically participated … Read more
Uber today announced ‘Uber Sustainovate’, a Startup Challenge looking for innovative solutions to fast track the adoption of sustainable mobility in India. The competition, in partnership with Startup India and nasscom AI, is designed to award startups that produce the best workable ideas that would help accelerate the transition to sustainable mobility in the country. … Read more
Mumbai-based AltUni, an alternative digital university founded in 2020 by Ankit Doshi, recently secured $500,000 in funding, as reported by Entrepreneur India. The funding round was spearheaded by the Indian Angel Network and saw participation from a group of prominent angel investors. Notable contributors in this funding round included Vishesh C Chandiok (CEO of Grant … Read more
Establishing its ‘Partnership of Progress’ with the state of Assam, PepsiCo India announced its first foods manufacturing plant in Nalbari, Assam with an investment of INR 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 … Read more
