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Grocery delivery startup Zepto raises $60M

kaivalya-vohra

Zepto, a Mumbai-based grocery delivery firm, announced on Monday that it has raised $60 million in an early-stage fundraising round, valued at $225 million, to expand its 10-minute grocery delivery nationwide. Zepto, founded in June 2021 by two 19-year-olds Aadit Palicha and Kaivalya Vohra, claims to deliver food and supplies in 10 minutes with its … Read more

Podcasting platform Kuku FM to raise $15-20 million

Kuku-FM

KukuFM, a regional language podcasting network, is in early talks to fund its Series B round, according to two people familiar with the situation. According to one of the two sources, the future round could be worth anywhere between $15 million and $20 million, with existing investors such as India Quotient and Vertex Ventures expected … Read more

Former Executives From Nike and Apple Launch Plaeto, a Pioneering D2C Footwear Brand for Indian Children

Plaeto

Ravi Kallayil, Sara Kilgore and Pavan Kareti have a collective experience of three decades, working with global footwear brands such as Nike and Adidas. In 2020, the trio quit their dream jobs to build an innovative Made-in-India footwear brand, designed specifically for Indian children, at an accessible price. Since then, they have been doing extensive … Read more

NFT-focused startup Hyy.pe Raises

NFT

NFT communities’ social platform On Tuesday, Hyy.pe announced that it had raised $2 million in its newest investment round, which was headed by Elevation Capital. Electric Capital has previously invested $1.5 million in the Bengaluru-based business. The round included angel investors such as Ryan Adams and David Hoffman (Founders of Bankless), Santiago Roel Santos (Ro … Read more