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FUNDING

Candytoy Corporate Secures ₹110 Crore in Series A Funding to Drive Expansion and Innovation

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Indore-based Candytoy Corporate (CTC), a leading manufacturer of plastic promotional toys and confectionery, has successfully raised ₹110 crore in its Series A funding round. This round was backed by a diverse group of domestic investors, high-net-worth individuals (HNIs), angel investors, and institutional stakeholders, underscoring strong market confidence in the brand’s growth potential. Strengthening Manufacturing Capabilities … Read more

Beyond Appliances Raises $2 Million in Seed Funding to Revolutionize Smart Kitchens

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Beyond Appliances, an innovative smart kitchen appliance brand, has successfully raised $2 million in seed funding. The round was led by Fireside Venture Investment Fund III with additional support from Dharana Capital and prominent angel investors, including Shezan Bhojani (Design Cafe), Saurabh Jain and Ramakant Sharma (Livspace), and Chandru Kalro, former CEO of TTK Prestige. … Read more

OneCard Secures ₹239.4 Crore Funding from Better Tomorrow Ventures, Peak XV, and Z47

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Mobile-first credit card startup OneCard is set to raise ₹239.4 crore ($28.5 million) from prominent investors, including Better Tomorrow Ventures, Peak XV Partners (formerly Sequoia Capital), and Z47 (formerly Matrix Partners). This marks the company’s first equity investment of 2024, following a debt funding round earlier in January. Key Details of the Funding Round According … Read more

Solarworld Energy Solutions Secures ₹110 Crore Pre-IPO Funding

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Solarworld Energy Solutions has successfully raised approximately ₹110 crore in a pre-IPO funding round. Key investors include ValueQuest Investment Advisors, along with several prominent funds and individual backers. This strategic funding has allowed the company to scale back its planned Initial Public Offering (IPO) from ₹550 crore to ₹440 crore. Key Details of the Pre-IPO … Read more

Ukhi Raises $1.2 Million to Revolutionize Sustainable Packaging Solutions

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Ukhi, a pioneering biomaterials startup specializing in sustainable, biodegradable packaging, has secured $1.2 million in a pre-seed funding round. The investment was led by 100Unicorns, with participation from Venture Catalysts, angel investor Avtar Monga, and debt financing from the Small Industries Development Bank of India (SIDBI). Funding to Fuel Growth and Innovation This new capital … Read more

Zepto Secures $350 Million in Latest Funding Round, Valuation Hits $5 Billion Ahead of IPO

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Quick commerce leader Zepto has raised $350 million in its latest funding round, pushing its valuation to an impressive $5 billion, according to recent media reports. This funding, led by Motilal Oswal’s Private Wealth division, marks a strategic effort to attract domestic investors as the company prepares for its highly anticipated initial public offering (IPO). … Read more

Innov8 Aims to Raise ₹100 Crore to Fuel Expansion Plans and Double Coworking Centers by 2025

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Innov8, one of India’s leading coworking startups, is in advanced talks to raise ₹100 crore in a primary funding round. The company targets a valuation of ₹1,200 crore to support its ambitious expansion strategy. This funding will drive strategic acquisitions, technology enhancements, and partnerships, with a focus on deepening its presence in Tier I cities. … Read more

CredFlow Raises $3.7M Pre-Series B Funding to Scale Fintech Solutions for SMEs

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Delhi-based fintech startup CredFlow has successfully raised $3.7 million (₹31.2 crore) in its latest Pre-Series B funding round. The round was led by existing investors Inflexor Ventures and a prominent Singapore-based family office. This funding will be directed towards scaling CredFlow’s financial services and lending verticals, enhancing its technology, and driving innovation. This follows the … Read more

Moglix Acquires Khatema Fibres to Expand Sustainable B2B Solutions

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Moglix, a leading B2B commerce platform, has announced the strategic acquisition of Khatema Fibres, a pioneer in eco-friendly paper products, for ₹80 crore. This move marks a significant milestone in Moglix’s mission to lead in industrial procurement and sustainable packaging, aligning with India’s vision of a Viksit Bharat by 2047. Strengthening Moglix’s Market Position This … Read more

Zopper Secures $25M in Series D Funding to Revolutionize Insurtech in India

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Zopper, a leading Insurtech platform, has successfully raised $25 million in Series D funding, co-led by Elevation Capital and Dharana Capital. Existing investor Blume Ventures also participated in the round, alongside prominent backers like Creaegis, Bessemer Venture Partners, and ICICI Venture. Driving Innovation in Insurance Distribution The fresh funding will enable Zopper to enhance its … Read more

Blitz Raises ₹51 Crore in Series A Funding to Revolutionize Quick Commerce Logistics

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Blitz, a leading quick commerce (q-com) logistics enabler, has raised ₹51 crore in a Series A funding round led by IvyCap Ventures. The round also saw participation from India Quotient, Alteria Capital, and renowned angel investors, including: Ramesh Bafna (Zepto) Siddharth Jain (Snitch) Vinit Gautam (Bestseller CEO) Amitabh Suri (CEO, Arvind Fashion) This funding will … Read more

Doodhvale Farms Secures $3 Million in Series A Funding to Accelerate Growth

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Doodhvale Farms, a Delhi-based Direct-to-Consumer (D2C) dairy and daily essentials startup, has successfully raised $3 million in a Series A funding round co-led by Atomic Capital and Singularity Early Opportunities Fund. Other key participants in the funding round included Bharat Founders Fund, Indigram Labs Foundation, and prominent angel investors such as Ramakant Sharma, Ankit Tandon, … Read more

PeLocal Raises $2 Million in Seed Funding to Expand WhatsApp Payment Solutions and Accelerate Growth

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PeLocal, a Chennai-based payment solutions provider on WhatsApp, has successfully raised $2 million in seed funding, led by Unicorn India Ventures. This funding will be used to enhance and expand the platform, as well as to accelerate go-to-market strategies for the rollout of large-scale projects. Over the past year, PeLocal has experienced significant growth, increasing … Read more

HealthKart Raises $153 Million in Secondary Funding, Announces First Employee ESOP Buyback

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HealthKart, the parent company of popular nutrition and fitness brands MuscleBlaze and HKVitals, has successfully raised $153 million in a secondary funding round. The round was led by ChrysCapital and Motilal Oswal Alternates, with participation from Neo Group and existing investor A91 Partners. Avendus Capital acted as the exclusive financial advisor for this transaction. In … Read more

Matrix Geo Solutions Raises $1 Million in Pre-IPO Round, Set to Launch SME IPO

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Matrix Geo Solutions Ltd., a leading geospatial technology company specializing in drone and space tech, has successfully raised nearly $1 million in its pre-IPO funding round. The round attracted prominent investors, including Chittorgarh Infotech Limited, Viney Equity Markets LLP, and Tryrock Capital Trust AIF, among others. IntelliFin Private Limited (www.ipoplatform.com) served as the sole investment … Read more

Good Glamm Group Completes Full Acquisition of The Moms Co., Expands Internationally and Prepares for IPO by 2025

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The Good Glamm Group has successfully completed the full acquisition of The Moms Co., following the company’s recent announcements of its Sirona transaction and increased shareholdings in its portfolio brands, Organic Harvest and Winkl. Back in October 2021, the Good Glamm Group acquired a majority stake in The Moms Co. through a combination of cash … Read more