Renee Cosmetics, a beauty brand, raised $ 10 million in a Series A round headed by Mensa Brands on Friday. Existing investors, such as Equanimity Investments and 9Unicorns, participated in the round as well. RENEE Cosmetics is a cruelty-free cosmetic brand founded in 2019 by Aashka Goradia Goble and Beardo co-founders Ashutosh Valani and Priyank … Read more
US, Australia, and Bengaluru-based Bugworks, a clinical-stage multi-indication therapeutics startup,announced that it has raised $18 million in Series B1 funding. The round was led by Lightrock India and included existing investors Bugworks is a clinical-stage biopharmaceutical company founded in February 2014 with the goal of developing novel anti-infectives and immuno-oncology (IO) therapeutic assets using cutting-edge … Read more
Anveya Living Private Limited, the company behind premium beauty and personal care brands Anveya and ThriveCo, has raised INR 8Cr from Rukam Capital in its seed round. The company plans to use the capital to further research and development, enter new categories and markets, and to build the team to power further expansion. Founded by … Read more
Razorpay Software Pvt Ltd, a digital payments and financial services startup, announced on Tuesday that it has acquired a majority stake in Malaysia-based fintech firm Curlec, marking the company’s first foreign acquisition. Curlec is a Kuala Lumpur-based company, building solutions for recurring payments for businesses of all sizes. This is our first international acquisition and … Read more
Ola Electric, founded by Bhavish Aggarwal, is now valued at $5 billion thanks to a $200 million investment from Tekne Private Ventures, Alpine Opportunity Fund, and Edelweiss. Last December, the electric vehicle manufacturer raised $500 million from prominent institutional investors through a Term Loan B (TLB), which drew a massive response from investors, with interest … Read more
Direct-to-consumer (D2C) brand Jhaji Store, an online pickle store that sells authentic homemade achars, has raised an undisclosed amount from Velocity.in, India’s largest revenue-based financier. This is the first round of external financing Jhaji Store has raised. Founded in March 2021 by the sister-in-law duo – Kalpana and Uma, Jhaji Store is a women-led D2C … Read more
Jhaji Store, a direct-to-consumer (D2C) company that sells authentic handcrafted achars online, has raised an unknown sum from Velocity.in, India’s largest revenue-based funder. Jhaji Store has raised its first round of external funding. Jhaji Store is a women-led D2C firm that offers traditional homemade pickles from Darbhanga district in Bihar through their eCommerce store. It … Read more
Pumpkart, an e-commerce platform for farm equipment and water pumps, said that it has received $2 million in investment from the Karnataka government’s Samruddhi programme. Pumpkart is an online B2B marketplace for water pumps and various associated supplies, founded by KS Bhatia in June 2014. Pumps can be bought and sold on the platform by … Read more
Agritech startup Agrowave has raised $2 million in Pre-Series A funding from Aroa Ventures, the family office of Oyo founder Ritesh Agarwal. Agrowave is building a supply-driven farm-to-market mobility supply chain with a focus on first-mile logistics and trades supply through an integrated network of mobile pickup stations. T Agrowave, a Gurugram-based agritech firm, was … Read more
Zuper has raised $13 million in Series A funding for its productivity suite for intelligent field service management and customer engagement. FUSE led the investment, which included Sequoia Capital India, Prime Venture Partners, and HubSpot Ventures. Since its inception, the Seattle-based firm, which provides technology to help manage field service teams, has raised more than … Read more
Rocketlane, a customer onboarding platform, announced on Wednesday that it has raised USD 18 million (about Rs 133.8 crore) in funding from Asana, 8VC, and other investors. The latest fundraising round comes just seven months after the business announced its seed funding round, in which Matrix Partners India and Nexus Ventures Partners contributed $3 million. … Read more
Zymrat, a performance apparel business focused on innovation, announced today that it has raised $500,000 in seed funding. Dominor Investment Holding LLP headed the investment. Zymrat is an innovation-driven performance wear brand with technology at its core, founded in 2018 by Ujjawal Asthana and Ankita. Men’s training and running t-shirts, shorts, joggers, and outerwear are … Read more
Courseplay, an employee development platform, has raised INR 3 CR in a seed round headed by Inflection Point Ventures. The cash raised will be put towards acquiring new customers and bringing new AI-powered capabilities to market. Courseplay offers complete training delivery, employee engagement, workflow automation, and impact measurement solutions. By 2020, the startup will have … Read more
Mivi, a leading domestic consumer electronics brand, has raised an undisclosed amount from N+1 Capital in a debt financing round. N+1 Capital, India’s largest revenue-based growth capital fund, has been affiliated with the previously bootstrapped company as its first financial partner. Mivi is a one-of-a-kind firm based in Hyderabad that specialises in audio gadgets, with … Read more
Mankind Pharma and previous investor Sixth Sense Ventures led a Rs. 50 crore Series A investment for Dogsee Chew. This is Mankind Pharma’s first foray into the pet food market. Dogsee Chew is the only firm that offers 100% vegetarian dog treats, and it was founded by Bhupendra Khanal and Sneh Sharma, a husband-and-wife team. … Read more
Scripbox, India’s first digital wealth manager, said today that it has raised USD 21 million in series-D fundraising from a mix of equity and debt investors. Transpose Platform, DMI Alternative Investment Fund – The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC are among the investors in … Read more
