In an angel fundraising round, VS Mani & Co, a speciality south Indian food firm, raised 2.5 crore. According to a press release issued by the company, angel investors included Haresh Chawla, partner, True North Co; Anupam Mittal, founder and CEO Individuals Group; Ashish Hemrajani, founder & CEO, BookMyShow; Sidharth Rao, group CEO DentsuMB; RajanNavani, … Read more
Ankur Capital led a $3.5 million funding round for Josh Talks, an upskilling platform. Among the notable investors in the round were Vijay Shekhar Sharma (Paytm), Vaibhav Domkundwar (Better Capital), Vineeta Singh (SUGAR Cosmetics), Ritesh Agarwal (OYO), and Ankur Warikoo (Ex-Nearbuy). Josh Talks, which previously raised $1.5 million from the New York-based Media Development Investment … Read more
Kolo, India’s top home content community, has raised $ 4 million from global venture capital company RTP Global and previous investor Better Capital. The fresh investment will help the company continue to grow, improve consumer-facing product offerings such as the content recommendation engine, community offering, digital portfolio, and professional tools, and expand its presence across … Read more
Redcliffe Lifetech (Redcliffe), an omnichannel diagnostics platform, has raised $61 million in a Series B round led by LeapFrog Investments and including Healthquad, Schroders, LC Nueva, Growth Spark Ventures, and existing investors Chiratae Ventures and Alkemi Venture Partners. Redcliffe was founded in 2018 and provides diagnostic services through its network of 22 labs in 14 … Read more
Klub, India’s leading Revenue Based Financing platform, today announced that it has funded more than 15 growth & late-stage online businesses through its Rs. 200 crores Revenue Based Financing fund. The fund’s diverse portfolio consists of digital businesses such as the popular online apparel platform, Bewakoof, India’s largest gourmet chocolate brand, SMOOR, Gourmet Garden, The New Shop & many more. … Read more
cKers Finance, an NBFC focused on financing sustainability and clean energy transition in India has announced a USD 1 million debt financing tie-up with Gradiant India Private Limited, a water treatment technology innovator. This facility is used to finance a 4MLD Effluent Treatment Plant setup on a Design-Build-Own-Operate-Maintain (DBOOM) for an invested grade off taker in the chemicals industry. Gradiant, … Read more
Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal today announced in Kochi that Cochin Shipyard Limited has committed to invest an initial corpus of Rs. 50 Crore in Start-up companies engaged in the maritime sector. Shri Sonowal also unveiled the Government’s plan for building Hydrogen Fuelled Electric Vessels keeping pace with the Global … Read more
Ministry of Ayush has taken several initiatives to encourage a startup culture in the field of traditional medicines. The three-day Global Ayush Investment and Innovation Summit (GAIIS 2022) also witnessed enthusiastic participation from startups and students, who showcased their products and various initiatives. In the exhibition held at GAIIS 2022, many established companies along with … Read more
Poshn, an agritech platform for wholesale processed commodities distribution and financing, announced in a press release that it has raised $3.8 million (Rs 28.8 crore) in a seed fundraising round headed by Prime Venture Partners with participation from Zephyr Peacock. The startup plans to use the new funds to expand and hire across engineering and … Read more
Fitspire, a vegan health and wellness firm, has acquired $300,000 in funding from Ivor Braganza and Rajesh Sud, two worldwide marquee investors. Fitspire, founded in 2020 by IIM Lucknow graduate Vipen Jain, offers a variety of nutritional health and wellness products. Fitspire produces Vegan Proteins, Multivitamins, Vitality, Healthy Snacking (Bars and Peanut Butter), Weight Management … Read more
The Fundamentum Partnership, an early growth stage firm created by Nandan Nilekani and Sanjeev Aggarwal, led a $27 million Series B fundraising round for Ayu Health Hospitals. Existing investors Stellaris Venture Partners, Vertex Ventures, and Alteria Capital joined the round, as did US-based fund 57 Stars, Rohit MA-led Capier Investments, angel investors Ashish Gupta, Khadim … Read more
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
