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FUNDING

CarDekho SEA Secures $60M in First External Funding Round to Expand Auto Financing Services in Southeast Asia

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Singapore, December 2024 – CarDekho SEA, the international business arm of CarDekho Group, has successfully raised $60 million in its first external funding round. The investment was led by prominent growth and private equity investors Navis Capital Partners and Dragon Fund. With this latest round, the company’s total funding has crossed the $100 million milestone. … Read more

East Ocyon Bio Secures $4.2M in Seed Funding to Revolutionize Cell and Gene Therapy in India and Beyond

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East Ocyon Bio, a pioneering allogeneic cell and gene therapy (CGT) startup, has successfully closed its $4.2 million Seed funding round, led by Aeravti Ventures and Micro Labs. This investment marks a crucial milestone in the company’s mission to transform the landscape of access to cutting-edge therapies in India and globally. The newly raised funds … Read more

Mhyth Secures Angel Round Funding, Valued at Over USD 1 Million

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Mhyth, a rapidly growing lingerie brand founded by entrepreneur Mitali Rai, has successfully raised its Angel Round of funding, achieving a valuation of over USD 1 million just one month after launching. The brand aims to revolutionize the premium fashion lifestyle segment with a focus on creating unique, high-quality lingerie that resonates with women worldwide. … Read more

Sustainiam Secures $1.45 Million in Pre-Series A Funding to Revolutionize Carbon Management

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Sustainiam, a pioneering climate tech startup, has successfully raised USD 1.45 million in its Pre-Series A funding round, positioning itself as a leader in innovative carbon management and sustainability solutions. The funding round was led by Orios Venture Partners, with participation from notable investors, including Shilpa Shetty Kundra, Rajesh Sawhney, Harsh Vardhan Bhachandka, and Vinit … Read more

Identical Brains Studios (IBS) Secures Approval for IPO, Aiming to Raise ₹20 Crore

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Mumbai-based Identical Brains Studios (IBS), a prominent name in the VFX industry, has received in-principle approval for its Initial Public Offering (IPO) from the NSE Emerge exchange. The company is preparing to file its Red Herring Prospectus (RHP) with updated details, marking a significant milestone as it moves closer to being listed on the platform. … Read more

Shark Tank India Season 4 Welcomes Viraj Bahl as the Newest Shark

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Sony LIV’s popular entrepreneurial reality show, Shark Tank India, is gearing up for its much-awaited 4th season, introducing a new face to its panel of esteemed Sharks—Viraj Bahl, the Founder and Managing Director of Veeba (VRB Consumer Products). Known for steering one of India’s fastest-growing FMCG brands, Viraj brings a wealth of experience in innovation … Read more

Mamaearth Marks 8 Years as a Clean Beauty Leader in India

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In the ever-evolving world of beauty and personal care, Mamaearth has firmly established itself as a pioneer in clean, toxin-free products. Celebrating its 8th anniversary, the brand has emerged as one of India’s top three skincare brands, boasting a portfolio of over 200 products and a loyal customer base spread across 18,000+ pin codes nationwide. … Read more

Wooden Street Secures ₹354 Crore in Series C Funding

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Indian furniture and home decor brand Wooden Street has successfully raised ₹354 crores (approximately $43 million) in its Series C funding round, led by Premji Invest, according to media reports. This funding marks one of the largest investments in the home and furniture sector in recent years, underscoring the growing potential of this market in … Read more

Code Effort: Transforming Cigarette Waste into Eco-Friendly Solutions

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The remarkable journey of Code Effort Private Limited, founded by brothers Naman and Vipul Gupta in 2015, showcases how innovation and determination can tackle environmental challenges. This Noida-based startup is leading the way in addressing one of the world’s most littered pollutants—cigarette butts—while creating sustainable livelihoods. The Problem: Tackling Cigarette Waste The Gupta brothers observed … Read more

Incuspaze Seeks $25 Million Investment to Expand Flexible Office Space Portfolio

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Incuspaze, a leading coworking provider specializing in managed flexible office spaces for corporates, is set to raise $25 million (over ₹210 crore) as part of its ambitious expansion strategy. This funding will support the company’s growth in major Indian cities ahead of its anticipated initial public offering (IPO). Rapid Growth Since Inception Founded in 2016, … Read more

Zomato Raises ₹8,500 Crore via QIP to Fuel Growth and Quick Commerce Expansion

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Zomato, India’s leading food delivery platform, announced the successful completion of its ₹8,500 crore fundraising through a Qualified Institutions Placement (QIP) of equity shares. This capital-raising initiative, which received shareholder approval last week, underscores Zomato’s strategic focus on strengthening its financial position and expanding its operations, particularly in the quick commerce sector through Blinkit. QIP … Read more

Nodwin Gaming Expands Influence with Trinity Gaming Acquisition for ₹24 Crore ($2.8 Million)

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Nodwin Gaming, a leading player in the Indian esports scene and a subsidiary of Nazara Technologies, has acquired Trinity Gaming in a landmark deal valued at ₹24 crore ($2.8 million). This strategic move solidifies Nodwin’s presence in India’s gaming and content ecosystem, as Trinity Gaming now becomes a fully-owned subsidiary of Nodwin Gaming. Deal Structure … Read more

ShopDeck Raises $8 Million in Series B Funding to Boost D2C Solutions

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ShopDeck, a Bengaluru-based software provider specializing in D2C (Direct-to-Consumer) solutions, has secured $8 million in Series B funding. The investment round was led by Bessemer Venture Partners and saw participation from Elevation Capital, Chiratae Ventures, and General Catalyst. Utilization of Funds ShopDeck aims to utilize the newly raised capital to: Expand its talent pool by … Read more

Arihant Foundation Secures ₹109 Crore Funding to Expand South India Presence

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Arihant Foundations & Housing Limited has successfully raised ₹109 crore through a preferential equity allocation. This funding round saw participation from prominent investors, including the Lotus Family Trust led by renowned investor Madhusudan Kela and CaratLane founders Mithun Sacheti and Siddhartha Sacheti. Strategic Expansion Plans The Chennai-based real estate developer plans to utilize the funds … Read more

ParkMate Secures $1.2 Million Funding from Cactus Partners to Drive Growth in Smart Parking Solutions

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ParkMate, a leading provider of intelligent parking solutions, has secured $1.2 million in a fresh funding round led by Cactus Partners, an early growth-stage startup fund. The round also saw participation from existing investors, including the Marwah Group Family Office and Venture Catalysts. Strategic Utilization of Funds ParkMate plans to utilize the new capital to: … Read more

Univest Set to Raise $16 Million in Series A Funding to Launch New Brokerage Platform

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Univest, a leading wealthtech startup, is reportedly in discussions to secure $16 million (approximately ₹135 crore) in its upcoming Series A funding round. The round is expected to be led by Bertelsmann India Investments (BII), with participation from Innoven Capital through a combination of debt and equity financing. According to sources cited by Economic Times … Read more