Feminine hygiene start up Sirona (makers of PeeBuddy and other innovative feminine hygiene products and market leaders in menstrual cups) have raised INR 100 crores in Series B funding from South Asia’s largest DTC conglomerate and recent BPC Unicorn Good Glamm Group.This is one of the largest amounts invested in a Series B round for … Read more
Piramal Pharma Limited (PPL) today announced an investment of INR101.77cr in Yapan Bio Pvt Ltd (“Yapan”) of Hyderabad, India, augmenting the capabilities of its Contract Development and Manufacturing Organization (CDMO) business, Piramal Pharma Solutions (PPS). PPL holds 27.78% equity stake in the company as a result of this investment. As PPS continues to strengthen its capabilities … Read more
In a Series G fundraising round headed by Alpha Wave Global (Alpha Wave Ventures II), Tiger Global, and SoftBank Vision Fund 2, Gurugram-based OfBusiness, which operates an online B2B marketplace for enterprises, raised $325 million (Rs 2,465 crore). Alpha Wave Global put in about $175 million in this round, while Tiger Global and SoftBank put … Read more
Pre-owned vehicle ecommerce platform Cars24 has raised $400 million in finance, which includes a $300 million Series G equity round and a $100 million debt round from a variety of financial institutions. Return investor Alpha Wave Global (previously known as Falcon Edge Capital) led the Series G equity financing, which included participation from other existing … Read more
Bizongo, a B2B ecommerce firm for businesses, has raised $110 million in a Series D round led by Tiger Global, valuing the company at $600 million. CDC, IFC EAF, BCap, Chiratae Ventures, Schroder Adveq, IFC, and Add Ventures by SCG were among the investors in this round of fundraising. The firm, which was founded in … Read more
Pi Green Innovations, a cleantech company committed to creating sustainable solutions for a greener future has announced that it has secured over $4.5 million in Series A funding. The round was led by the Investment Fund of Opus Consulting with a total of $4.3 million. The round also saw participation from some strategic investors. Previously, Mr. Harshal Morde, Director … Read more
MoEVing, India’s leading e-mobility technology platform, today announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from accomplished entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset Management; Dr. … Read more
Atomberg Technology, a consumer product company, has raised $20 million in growth funding from Jungle Ventures and Inflexor Ventures. Existing investors such as A91 Partners and notable angel investor Ramakant Sharma, Co-founder of Livspace, also participated in the round. Atomberg, founded in 2012 by Manoj and Sibabrata Das, invented the ‘Brushless DC Motor’ (BLDC) technology … Read more
Haus & Kinder, a direct-to-consumer business, has raised Rs10 crore ($1.3 million) in a Pre-Series investment led by angel investor Shaival Desai. Early next year, the company plans to raise another $5 million (about Rs 35 crore) in a Series A fundraising round. Haus & Kinder plans to utilise the funds to expand its brand … Read more
Frendy, a Gujarat-based community group purchasing platform, has raised Rs 10 crore in pre-Series A funding from Pavitar Singh, Abhishek Khurana, and the Desai family office. Frendy, which is run by Areli Commerce Pvt Ltd, was launched in 2019 by Sameer Gandotra, who got his start with Nebula, a social commerce-based affordable home developer. Through … Read more
Y Combinator, Harvard Management, Goodwater Capital, Soma Capital, Uncommon Capital, and Earlsfield Capital led a $4.5 million seed round for Bengaluru-based investment-tech startup Stack. Magic Fund, Side Door Ventures, Dragon Capital, Emles Ventures, Grand Park Ventures, Chandaria Capital, Cleo Capital, AngelList, West Quad, and Olive Tree Capital were among the other investors in the round. … Read more
Bengaluru-based BharatX, a fintech firm that enables consumer placing platforms to offer credit-as-a-feature, has secured $250,000 (about Rs 1.81 crore) in a pre-Seed investment round spearheaded by prominent angel investors and other industry experts to help the Indian market embrace Embedded Credit. Mehul Nath Jindal, Eeshan Sharma, Shyam Murugan, and Siddharth Venu, who are also … Read more
kindlife, a new age beauty and wellness ecosystem enabling commerce, community, and brands, has raised an undisclosed amount for their seed round. Founded by Radhika Ghai, kindlife enables consumers to shop for 150+ curated kinder brands across beauty, nutrition, and home care. The fundraise was led by Kalaari Capital under their CXXO initiative. Vani Kola, … Read more
Spinny, the first full-stack online-to-offline user automobile selling platform, has teamed up with cricket legend Sachin Tendulkar of India. Sachin is both a strategic investor and a leading brand endorser for the firm. The partnership with Master Blaster adds to Spinny’s commitment to assisting young Indians in realising their hopes and aspirations by providing easy … Read more
Zoivane Pets, a network for pet suppliers, has raised $100,000 in a seed round led by We Founders Circle and angel investors such as Hitesh Dhawan, Dhrumil Patel, Joy Gnanamony, and Abhishek Gupta. Zoivane Pets is a pet products and grooming supplies company founded in 2019 by Nishma Singhal and Kshitij Singhal. The money will … Read more
Ultraviolette Automotive Pvt Ltd, a Bengaluru-based electric two-wheeler startup, has allegedly secured $14.85 million (Rs 112.5 crore) in a Series C financing from TVS Motor and Zoho Corporation. Ultraviolette is a company that designs, develops, and manufactures electric two-wheelers and accessories. It was founded in 2015. In October of last year, the business raised Rs … Read more
