In its latest round of funding, led by Nexus Venture Partners, CapGrid, a B2B cloud manufacturing startup for precision parts, announced it had raised $ 7 million. Existing investors Axilor and Anicut Capital also participated in the round. In the round, Deepak Jain, a senior partner at Bain and the director of the automotive business … Read more
Private equity company GEF Capital Partners reported investing more than 500 crore in e-mobility firms Electra EV and Hero Motors Ltd. This is a step in the climate-focused investor’s plan to increase its stakes in India’s climate and sustainability potential. With this, GEF has invested eight times over the last four years. Independent EV powertrain … Read more
Telluris Biotech, a Hyderabad-based company engaged in the manufacturing and supply of crop protection solutions for farmers and growers receives Biochemical Classification it received from the United States Environmental Protection Agency (USEPA). The USEPA is the Agency responsible for the registration of safe and sustainable products in the United States of America, informed Mr Venu … Read more
The DNA-based self-discovery and career life cycle management platform from India GENLEAP has announced the successful conclusion of its pre-Series A funding of 27 crores ($3.3 million). The fundraise includes several existing investors, including Mike Holland (former CEO of Embassy REIT), Sanjay Dutt (CEO & MD, Tata Realty and infrastructure), Neeraj Bansal(Co-Head and COO – … Read more
In a first-of-its-kind partnership, digital-first retailer Pratech Brands has invested in ‘Inaari’, a brand focused on women’s health. An estimated one in five (20%) Indian women suffer from Hormonal Imbalance, if not monitored timely, the condition can have serious health impacts. Inaari focuses on helping women understand their hormonal cycle and encourages them to live … Read more
Studio Sirah, a next-gen game studio that builds unique Indian-themed games, announced today that it raised $2.6 million in a Pre-series A round led by Kalaari Capital (an early-stage, technology-focused VC firm), and its seed investor, Lumikai (India’s pioneering gaming, and interactive media focused VC fund). The company plans to utilise the funds to globally … Read more
Early-stage technology fund, Silverneedle Ventures announces its investment in a Chennai and Mumbai-headquartered, Enterprise skilling platform, Disprz, that helps global companies right-skill their workforce with an AI-powered learning and skilling suite. The startup has raised an undisclosed sum in a bridge round between Series B & Series C rounds from Silverneedle Ventures & other current … Read more
SocialBoat, a women’s health app, has announced raising an angel round of US$ 200K from Plan B Capital. Other angel investors who have committed to the venture include Abhijit Kane (Co-founder, Postman), Videt Jaiswal (Co-founder, Airblack), Bhuvan Gupta (Co-founder, OfBusiness) and Prateek Sharma (Managing Partner, AheadVC), Neeraj Gupta (Angel Investor) among others. The funds will … Read more
LOTTE Confectionary has announced to invest INR 450 crores in Havmor Ice Cream, with an aim to expand its manufacturing prowess. This investment comes four years after LOTTE acquired Havmor Ice Cream for INR1000 crores in December 2017. Havmor Ice Cream is all set to ramp-up its capacity and cater to the growing demand in the … Read more
Meratractor, a Pune-based start-up and a ‘Phygital’ marketplace catering to farm mechanization products, has raised INR 5Cr. in Pre-Series A funding, bringing total capital raised to ₹7.25 Cr. post this round. The funding round was led by Mr. Vibhor Sahare, CEO & Co-founder of ANS Commerce and Ex-CEO & Co-founder of Gaadi.com, Real Time Angel … Read more
Sid’s Farm, a direct-to-consumer dairy brand, has raised $1 million from its consumers and their recommendations. Being a bootstrapped business that has so far relied on organic development, this first round of funding from its high net worth clients and their recommendations speaks volumes about its brand credibility, unmatched quality, and exceptional customer experience. In … Read more
Salad is utilising technology to enable women to close the knowledge gap around their hormones and take the required actions to actively manage their own health and lifestyle. Aruna Chawla, the founder and CEO of Salad, became aware of how little women understand about their own bodies at the beginning of 2020. Salad Condoms were … Read more
The first full-stack data-driven food technology platform for restaurants in India, Badhaan.com, just received an undisclosed sum in a seed fundraising round led by India Accelerator. HNIs and industry experts like Mr. Pramod Veturi, Sivaram Vallampati, Anand Mahadevan, and others participated in the investment round as well. The company intends to use the capital it … Read more
Wakefit.co, India’s largest D2C home and sleep solutions company, today announced its Series D round of funding of INR 320 crore (~$40 million) Investcorp, a leading manager of alternative investment products with a 40+ year track record, led the funding round. All existing investors, Sequoia Capital India, Verlinvest, SIG, also participated in a show of … Read more
Furniture company Boingg, which focuses on D2C sales to children, has secured INR 2 Cr in a Pre Series A round that was spearheaded by Inflection Point Ventures, one of India’s biggest angel investing platforms. The money raised will be used for licencing, equipment expansion, and corporate branding. With the opening of a physical store … Read more
Turns, a vertical SaaS firm for the laundry sector, has secured $500K in pre-seed funding from Better Capital, PointOne Capital, and a group of outstanding angel investors. With a full stack software & hardware integrated solution that includes a contemporary POS, customer management, easy payments, accounting, employee management, logistics optimization, and compliance, Turns assists launderettes … Read more
