ElectricPe, India’s most trusted EV charging platform, has partnered with Electric One, India’s Largest EV Super Stores Chain, to provide robust charging infrastructure and encourage EV adoption. Through this alliance, Electric One customers across 82 stores in India will get access to ElectricPe’s EV platform. The alliance will be executed phase by phase, starting in Bengaluru, before scaling across different regions, … Read more
The secret of beauty lies in love, not only love for yourself but for the environment as well. Better beauty is a luxurious, sustainably crafted skincare brand which will be exclusively available on clean beauty platform Vanity Wagon. The brand caters to the line of scientific and bio-compatible skincare that is pure, proven and potent. The products … Read more
OMTV, the only OTT network to showcase content pertaining to Indian Sanatan culture, today announced that it has secured funding of Rs 4 million. The company shared that it will be using this funding to cover its current operational cost and ramp up the production of original content. Raj Kumar Jalan and Subhash Jalan led … Read more
Country Delight, a direct-to-consumer (D2C) milk and grocery delivery service, raised $108 million in a Series D fundraising round led by Nicholas Cator’s Venturi Partners and Temasek on Wednesday. SWC Global and Trifecta Capital joined the round, as well as returning investors IIFL Asset Management, Elevation Capital, Orios Venture Partners, and Matrix Partners. Country Delight’s … Read more
BEENEXT, Chiratae Ventures, and White Venture Capital were among the investors who contributed $6.1 million to ShopSe, a financial platform that offers quick EMI. The current funding comes after a $5.5 million seed round in April 2021. Pallav Jain, Abhishek Nimonkar, and Yagnesh Desai, all former PayU employees, started ShopSe in 2020. By working with … Read more
Meta today announced a partnership with premier VC fund Kalaari Capital to upskill and scale young, invested businesses by providing them with timely business skilling help, furthering its commitment to drive the growth of micro, small and medium businesses in the country. The collaboration is part of Meta’s VC Brand Incubator Initiative, which is an … Read more
The board of Aditya Birla Fashion and Retail Limited in its meeting today approved raising of up to Rs. 2,195 cr by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund. GIC will invest Rs. 770 cr now towards subscription of equity and warrants, followed by up … Read more
MetaEstate, a Singapore-based metaverse service provider, announced that it has recently closed a multi-million dollar strategic round of funding led by Matrixport and SevenX Ventures, followed by Everest Ventures Group and Y+ Ventures. Besides, Cryptogram Venture (CGV), a Japanese fund that invested in the previous round, performed the follow-up investment in this round. In the current … Read more
Fitelo, a weight loss platform, today announced a major re-branding to reflect the organization’s vision of helping people achieve their fitness goals efficiently and holistically. Fitelo’s new logo depicts an amalgamation of two key wellness elements, one depicting mental health and clarity, and the other physical well-being and energy. Together these overlapping forms create a … Read more
Chiratae Ventures led a $1.7 million seed round for Minus Zero, a self-driving vehicle startup. JITO Angel Network, as well as senior executives from chipmaker NVIDIA and cab-hailing company Lyft, took part in the round. Minus Zero, founded by Gagandeep Reehal and Gursimran Kalra, creates economical, completely autonomous car fleets that can navigate without a … Read more
RAS Premium Oils, the first farm-to-face luxury skincare and personal care business, has received $2 million in pre-Series A funding from Sixth Sense Ventures, a domestic consumer-centric venture fund. RAS, which was founded in 2017 by Shubhika Jain, Suramya Jain, and Sangeeta Jain, has quickly grown into a niche premium D2C business. The company has … Read more
BluSmart, an electric ride-hailing network, has raised $25 million in a follow-up to its Series A fundraising round, which concluded in September 2021. The fundraising round included $15 million in equity and $10 million in venture loan. The equity fundraising round, led by BP Ventures and Green Frontier Capital, included previous investors, while the venture … Read more
SucSEED Indovation Fund, based in Hyderabad, has invested in Ving Hybrid Technologies India Pvt Ltd. Ving Hybrid Technologies is based in Singapore and India and was founded by two ex-Cisco executives. Ving Hybrid wants to democratise Video Conference Rooms by providing a “One Stop VC Room Solution” with the goal of “simplifying cooperation.” Ving offers … Read more
HappyEasyGo, a fast-growing online travel agency (OTA Platform), currently invested by Samsung Venture Investment, Korea Investment Partners Co. Ltd., M&S Partners Pte. Ltd., CVC Capital Partners, and UOB Venture Management, has raised new funding from its existing shareholders. The funding is backed by the encouraging business trends in the travel industry in the Indian market. … Read more
According to a regulatory filing on Thursday, DoorDash Inc. has authorised the buyback of up to $400 million in shares. In its filing, DoorDash DASH, -1.08 percent stated that the move is being made to counter dilution from its employee stock-compensation scheme. During the coronavirus pandemic, the delivery-app platform, which went public in 2020, reported … Read more
Paytm’s founder Vijay Shekhar Sharma was re-appointed as the company’s Managing Director and Chief Executive Officer on Saturday. He has been reappointed to the job for a period of five years, with effect from December 19, 2022, according to the company’s exchange filing. Madhur Deora, the company’s current Chief Financial Officer, has been appointed as … Read more
