Conscious Chemist, a fast-emerging player in India’s Beauty and Personal Care (BPC) industry, has successfully raised INR 12 Cr. in funding from Atomic Capital. In conjunction with the investment, the brand has appointed Apoorv Gautam, Atomic Capital’s Founder and Managing Partner, to its board of directors. Revolutionizing India’s Beauty and Personal Care Market Committed to … Read more
Happiest Health announced the appointment of Arvind Krishnan to lead its Wellness Division as its President & CEO. This comes along with Happiest Health acquiring The Fuller Life to expand its corporate wellness offerings. This business will be available to customers under the HappiZest brand name. This acquisition will help Happiest Health strengthen its offerings … Read more
PickMyWork, a leading platform leveraging gig workers to improve the reach of financial services, has announced the successful completion of its latest funding round. The funding will be used to accelerate the company’s mission to enhance financial services penetration in India’s tier 2 and tier 3 cities. The investment round saw participation from prominent investors, … Read more
Hamdard Laboratories India (Food division), a company known for its health and wellness products and beverages, has partnered with SIG to leverage its advanced aseptic carton packaging and filling solutions. The fast and flexible filling technology from SIG will help Hamdard meet the evolving consumer needs when it comes to affordability, the right size, long-lasting … Read more
Libas has successfully closed its first external funding round, with an investment of Rupees 150 crore by IAF Series 5, a fund managed by ICICI Venture. Libas has fast-tracked its growth to become a leading force in the online fashion segment, captivating customers with its dynamic product range and innovative digital touchpoints. The latest funding … Read more
Sterlite Power, a leading power transmission company, has successfully achieved financial closure for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project, secured with funding of ₹1,373 crore from Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise, marks a significant step towards strengthening India’s green energy corridor. “We are pleased to conclude the … Read more
ProsParity, a fintech platform that is reimagining the distribution of credit in the electric mobility sector, has raised $2 million pre-seed funding round from global institutional investors such as BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. Angel investors like Dr Ashish Gupta (Co-founder of Junglee & Helion Ventures), Raj Dugar (Ex-Eight Roads … Read more
International asset management companies Incofin and Maj Invest collectively invest USD 13 million in India’s leading rural financial services conglomerate, SAVE Group. The funding comes from Incofin India Progress Fund and Maj Invest Financial Inclusion Fund III K/s. Established in 2009, SAVE has emerged as a trailblazer in India’s Banking Business Correspondent (BC) Network, serving … Read more
Caret Capital announced the launch of Caret360 Accelerator – a 100-day Outcome-Focused program for Early-Stage Startups. Selected startups will get up to Rs. 3 crore investment as well as deep-engaged mentoring from industry leaders. Additionally, the startups get assisted access to Caret’s community of CXOs from some of the country’s largest corporations. Commenting on the development, Prajakt Raut, … Read more
Sprect, a C2C consulting marketplace, has announced the successful raising of INR 50 lakhs in Angel funding from seasoned industry veteran Siddarth (Sid) Shetty, Chief Business Development Officer at ServiceChannel. This funding will be used to accelerate product development, expand the team, drive marketing efforts, and boost sales. Founded by Mohit Khadaria and Vishal Rupani … Read more
Innovations Venture Studio, a premier investment firm focused on early-stage technology investments, today announced a significant investment in NewsReach, India’s groundbreaking PR distribution platform. The investment will be part of the on-going round led by Zee Media. The capital infusion will allow NewsReach to rapidly scale its proprietary technology, expand its market footprint, and solidify … Read more
Bengaluru-based Parseable has announced a seed funding round of US$2.75 million led by Surge and NP-Hard Ventures, marking its entry into the expanding log analytics market. This investment is poised to drive Parseable’s mission of innovating in handling the surging volumes of log data generated by modern digital businesses. The exponential growth of data worldwide … Read more
Assert AI, India’s largest Computer Vision SAAS company, announces the successful closure of its Series A funding round, raising a total of 30 Crores (USD 4 Million). This significant investment, led by prominent investors including Ramesh Hariharan (ex-CTO and Co-founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya.ag (India’s largest integrated … Read more
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
