Entreprenuernewsnetwork

Nirmalaya Raises $800k in Seed Funding Round

Founded in late 2020 by Bharat Bansal, Surbhi Bansal, and Rajeev Bansal, the NCR-based natural fragrance brand Nirmalaya has successfully raised $800k in their seed funding round, led by Artha Venture Fund along with key investors including The DotIn Network, Shiprocket – Huddle Accelerator, Flawless Company Family office and other marquee angels. Nirmalaya is a … Read more

Bihar Based online Meat Delivery Brand Freshsharp raises $125K in Seed Funding

Freshsharp, a Bihar Based start-up that sells fresh meat, seafood and other fresh animal protein online has raised seed fund of $125k through equity from lead investor Ok Acquired (lending partners by a corporate lending financial services company), and angel Investor Syed Akbar Raza Ahmed & Hussain Ahmad. With this new round of seed funding … Read more

Univest Secures Pre-Seed Funding of ~3.8 crs

Univest, a fintech startup making a sophisticated one resolution for inventory markets, secured funding from angel buyers in its pre-seed part. The fintech platform secured funding value ~3.8 crs, to be utilized in the direction of product launch and crew constructing. Univest – the brainchild of Pranit Arora and Avneet Dhamija, was began with the … Read more

TurboHire raises USD 2 million in Pre-Series A round

Funds will be utilized to improve product automation and scale up revenue globally TurboHire, an AI-powered recruitment automation platform, has announced raising USD 2 Million in a Pre-Series A round co-led by Pentathlon Venture Capital and The Chennai Angels; and participated by the Telangana Fund, Purvansh Holdings, and the Mumbai Angels and Hyderabad Angels, with … Read more

KKR Invests in Hero Future Energies in $450 Million Transaction

KKR, a leading global investment firm, and Hero Future Energies (“HFE” or the “Company”), the renewable energy arm of the Hero Group, today announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. This investment will position HFE for continued growth and support its efforts … Read more

D2C Ecommerce secures INR 60 million in its initial seed funding

D2C Ecommerce, an Indian multi-brand e-commerce platform, today announced its official launch in the country. The start-up has also raised INR 60 Million, in its seed funding round led by industry stalwarts including Ravi Khushwani, Founder of Greensoul Brand & other industry veterans. As per a recent report commissioned by Confederation of Indian Industries (CII) … Read more

Cold Chain Solutions Provider New Leaf Raises INR 6.15 Cr in Funding

The Founder of Asana, Dustin Moskovitz, a US-based entrepreneur-turned-investor, provided INR 6.15 Crore in equity capital to New Leaf Dynamic Technologies, a provider of cold chain solutions, for its Pre-Series A Round. Co-founded by Akash Agarwal, New Leaf’s refrigeration technology utilizes biomass and farm waste to facilitate the increase of income for micro-enterprises by prolonging the … Read more

D2C startup Beco raises $3 million in Series A round

Beco, a Mumbai-based company that makes environmentally friendly personal care products, raised $3 million in a Series A round of funding on September 12, 2022. The round was led by Rukum Capital, Priyavrata Mafatlal, Better Capital, Prashant Pittie, and Titan Capital. Aditya Ruia, Akshay Varma, and Anuj Ruia launched Beco in 2019 with the goal … Read more

Procurement Management Platform Procol Raises 51 Cr in Funding

With involvement from current backers Blume Ventures, Beenext, and Sequoia Surge, procurement management software Procol has received INR 51 crore in funding from GMO Venture Partners, Alarko Ventures, Esas Ventures, FounderBank Capital, and Anchorage Capital. Gaurav Baheti (ex-Google New York, Zomato, iSPIRT, Forbes Asia 30 under 30) and Sumit Mendiratta created Procol in 2018. (ex-OYO, … Read more

PickMyWork raises $1Mn in seed funding round

PickMyWork, a startup that assists digital companies to acquire end customers (individual users and merchants), has announced raising USD 1Mn in Seed round. The round led by SOSV’s Orbit Startups witnessed participation from an array of esteemed investors including Soonicorn Ventures, Upaya Social Ventures, Blume Founders Fund, Venture Catalyst, Mumbai Angels, 888 Network, Imperier Holdings … Read more

Affirma leads $40-million funding in EPACK Durable

Durable Pack Pvt. Ltd, the second-largest room air conditioner (RAC) contract manufacturer in India, is raising $40 million in funding, with Affirma Capital serving as the round’s lead investor. EPACK manufactures RACs and small home appliances (SHAs) for Indian and MNC brands in facilities in Dehradun. The company produces a variety of RACs, including split … Read more

Organic dairy startup Akshayakalpa Organic raises $15 mn in funding

Akshayakalpa Organic, a startup producing organic dairy products, announced on Thursday that it has raised USD 15 million (about Rs 120 crore) from investors. One of the top manufacturers of organic milk in the nation is Akshayakalpa Organic, which was established by GNS Reddy and Shashi Kumar. Akshayakalpa intends to make significant investments in the … Read more

Anveshan raises $2 mn in pre-series A funding

Anveshan, a D2C healthy food firm, raised $2 million in a pre-Series A funding round from DSG Consumer Partners, Force Ventures, and We Founder Circle. The round also included participation from Rahul Sharma (Zetwerk), Amit Jain and Amit Hooja (Netgraph, Vardhman Group), and numerous other individuals. The funds raised will be used for hiring staff, … Read more

Powerplay raises new round led by Accel

In the most recent investment round headed by Accel, Powerplay, a construction management firm, has raised $7.14 million (around 56 crore). Iesh Dixit and Shubham Goyal founded Powerplay in 2019 to streamline site-to-office communication for the management of construction and architectural projects. It makes it possible for construction companies to manage their budgets, track issues, … Read more

Kedaara Capital Invests $50 Mn In IVF Chain Oasis Fertility

Oasis Centre for Reproductive Medicine in South India has raised $50 million (almost Rs 400 crore) in an equity round of financing from domestic private equity vehicle Kedaara Capital. Oasis, which was founded in 2009 by Durga G. Rao and Kiran Gadela, had five centres in Andhra Pradesh and Telangana at the time of InvAscent’s … Read more

EV charging start-up goEgoNetwork raises $8 million in funding

EV charging infrastructure solutions start-up goEgoNetwork has raised Series A equity funding of USD 8 million (almost Rs 60 Cr). Disrupting the energy and transportation space with its vision to create a robust EV charging network, goEgoNetwork will use the funds in developing and installing the Fast DC Charging Station product line. It will also … Read more