Renee Cosmetics, a beauty brand, raised $ 10 million in a Series A round headed by Mensa Brands on Friday. Existing investors, such as Equanimity Investments and 9Unicorns, participated in the round as well. RENEE Cosmetics is a cruelty-free cosmetic brand founded in 2019 by Aashka Goradia Goble and Beardo co-founders Ashutosh Valani and Priyank … Read more
US, Australia, and Bengaluru-based Bugworks, a clinical-stage multi-indication therapeutics startup,announced that it has raised $18 million in Series B1 funding. The round was led by Lightrock India and included existing investors Bugworks is a clinical-stage biopharmaceutical company founded in February 2014 with the goal of developing novel anti-infectives and immuno-oncology (IO) therapeutic assets using cutting-edge … Read more
Xpressbees, India’s fastest-growing third-party end-to-end logistics company, has raised $300 million in a Series F fundraising round headed by Blackstone Growth, TPG Growth, and ChrysCapital. Investcorp and Norwest Venture Partners are two existing investors. Xpressbees was founded in 2015 and now operates in over 3000 cities, serving over 20,000 pin codes and delivering over 1.5 … Read more
Prosus Ventures, Sistema Asia Capital, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures, and consultancy firm Nexxus Global have announced a $35 million Series B round of funding for virtual event and engagement platform Airmeet. Lalit Mangal, co-founder of CommonFloor, with former executives Manoj Singh and Vinay Jaasti created Airmeet in August 2019. In … Read more
Mintifi, a B2B BNPL (buy now, pay later) platform, announced a $40 million Series C investment headed by Norwest Venture Partners and Elevation Capital. Mintifi, which was founded in 2017 by Anup Agarwal, Ankit Mehta, and Sanjoy Shome, works with over 100 prominent companies in India, including Tata Motors, Bridgestone Tyres, Berger Paints, Polycab, NIVEA, … Read more
Anveya Living Private Limited, the company behind premium beauty and personal care brands Anveya and ThriveCo, has raised INR 8Cr from Rukam Capital in its seed round. The company plans to use the capital to further research and development, enter new categories and markets, and to build the team to power further expansion. Founded by … Read more
Blue Tribe, the homegrown plant-based meat brand, announced that Anushka Sharma and Virat Kohli who have come on board as investors & brand ambassadors. The brand was one of the firsts to initiate the conversation by asking people to make a conscious change in their lifestyle and switch to plant-based meats in order to save … Read more
Nikhil Kamath led a $4 million pre-Series A investment for Kofluence, an ad-tech influencer marketing platform (Co-Founder of Zerodha & True Beacon). The round included notable investors like Kunal Shah (Founder, CRED), Karan Johar (Filmmaker & TV Personality), Apoorva Mehta (CEO, Dharma Productions), Sujeet Kumar (Co-Founder, Udaan), Aprameya Radhakrishna (Co-Founder, Koo), Upsparks (Micro VC), and … Read more
Vajro, a mobile app development company based in Chennai, announced on Tuesday that it had secured $8.5 million in a Series A round from Kansas City-based growth equity firm Five Elms Capital. Vajro was founded in 2018 by Baskar, Niwin Santhosh, and Raghuraman Ramamurthy and now employs around 150 people. It’s currently geared toward the … Read more
Darwinbox, Asia’s fastest growing HR tech platform, today announced another milestone witha US $72 million funding round, leapfroggingthe companyto a billion-plus-valuation. Led by Technology Crossover Ventures (TCV) along with participation from existing investors Salesforce Ventures, Sequoia India, Lightspeed India, Endiya Partners, 3One4Capital, JGDEVand SCB10X,the round takes the total investment in the company to over $110 … Read more
Smiles.ai, a healthcare business, has received $23 million in Series A funding from Alpha Wave Incubation (AWI). Existing investors Sequoia Capital India and Chiratae Ventures also participated in the round. Hitesh Kakrani and Dr. Jatin Kakrani established Smiles.ai in 2019. To provide access to high-quality and cost-effective dental care goods and services, the firm uses … Read more
HealthQuad, Kalaari Capital, and HealthX Capital Singapore have all contributed to Stanplus’s $20 million Series A fundraising round. Antoine Poirson, Jose Leon, and Prabhdeep Singh created the Hyderabad-based firm in 2016. StanPlus is an emergency healthcare startup that offers end-to-end medical response solutions, including ambulance services for both emergency and non-emergency situations, as well as … Read more
Ola Electric, founded by Bhavish Aggarwal, is now valued at $5 billion thanks to a $200 million investment from Tekne Private Ventures, Alpine Opportunity Fund, and Edelweiss. Last December, the electric vehicle manufacturer raised $500 million from prominent institutional investors through a Term Loan B (TLB), which drew a massive response from investors, with interest … Read more
VerSe Innovation, the parent company of Dailyhunt and Josh, has raised almost Rs 207 crore ($28 million) from the Canada Pension Plan Investment Board (CPPIB) as part of its Series I fundraising round. CPPIB has been allocated 50,148 Series I Preference shares at an issue price of Rs 41,283.50 per share by the firm. VerSe … Read more
Jhaji Store, a direct-to-consumer (D2C) company that sells authentic handcrafted achars online, has raised an unknown sum from Velocity.in, India’s largest revenue-based funder. Jhaji Store has raised its first round of external funding. Jhaji Store is a women-led D2C firm that offers traditional homemade pickles from Darbhanga district in Bihar through their eCommerce store. It … Read more
Pumpkart, an e-commerce platform for farm equipment and water pumps, said that it has received $2 million in investment from the Karnataka government’s Samruddhi programme. Pumpkart is an online B2B marketplace for water pumps and various associated supplies, founded by KS Bhatia in June 2014. Pumps can be bought and sold on the platform by … Read more
