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Finance & Funding

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Fambo raises Rs 21 cr from investors for growth of foodtech biz

The funding round was led by EV2 Ventures, with participation from Rajesh Sawhney and several Ultra High Net Worth Individuals (UHNIs)New Delhi: Foodtech startup Fambo has raised Rs 21 crore from investors to expand its business.In a statement on...

Recur Club announces Rs 150 crore fund for D2C brands on quick commerce platforms

The initiative is geared to provide growth and working capital for such brands to acquire additional inventory or spur marketing effortsNew Delhi: Recur Club, a debt marketplace for startups and SMEs, has announced Rs 150 crore fund to drive...

Banana chips brand Beyond Snack secures $8.3 million in Series A funding

The fresh funds will be used to drive Beyond Snack’s expansion into new territories, foster product innovation, and strengthen its supply chain infrastructureBengaluru: Kerala-based banana chips brand Beyond Snack has secured $8.3 million in a Series A funding round...

KiranaPro raises capital in seed funding round

The capital will be used to scale up KiranaPro's operational teams, strengthen its ONDC-enabled technology infrastructure, and launch its consumer appMumbai: Quick commerce startup KiranaPro on Wednesday said it has raised capital in a seed funding round.The platform also...

Zepto raises $350 mn in domestic funding round

The fundraise was led exclusively by Motilal Oswal's Private Wealth division and the round included investments from Indian HNIs, family offices, and leading financial institutionsNew Delhi: Zepto on Friday announced a $350 million fundraise in its latest round that...

Ahead of IPO, Swiggy mobilises Rs 5,085 crore from anchor investors

This allocation highlights strong demand from both domestic and international institutional investors, reflecting a positive market sentiment towards this IPONew Delhi: A day before its initial share-sale opening for public subscription, food delivery and quick-commerce major Swiggy on Tuesday...

Aamir Khan, Ranbir Kapoor invest in Xolopak’s pre-IPO round

Xolopak India is a manufacturer of organic disposable cutlery, ice cream sticks and spoon productsNew Delhi: Sustainable disposable packaging maker Xolopak India on Thursday said it has secured investments from Bollywood celebrities -- Aamir Khan, Ranbir Kapoor and Karan...

Financing platform Velocity announces ₹400 cr festive season fund for D2C brands

The capital will help D2C brands prepare for the demand surge in upcoming festive season sales New Delhi: Financing platform Velocity has earmarked ₹400 crore to support the financing needs of D2C and e-commerce brands in the upcoming festive season...

Zepto raises $665 million; valuation nearly triples to $3.6 billion

The funding round saw participation from new investors like Avenir, Lightspeed, and Avra, alongside existing investors Glade Brook, Nexus, and StepStone, Goodwater, and Lachy GroomNew Delhi: Quick commerce company Zepto on Friday said it has raised $665 million (about...

100Unicorns launches $200 mn fund, plans to deploy it in 5.5 yrs

Our target is to create 100 unicorns potentially in the next 10 yearsNew Delhi: Early-stage accelerator firm 100Unicorns, formerly 9Unicorns, has launched its second fund with a total corpus of $200 million, which it plans to invest in 200...

Fundraising in retail crossed over Rs 1,100 cr in Q4 FY23-24

A significant contribution to the fundraising in the last quarter also stems from the television reality show Shark Tank Season 3IndiaRetailing Insights: Fundraises in the retail sector in the fourth quarter (Q4) of the financial year (FY) 2023-2024 crossed...

Wow! Momo raises Rs 70 cr from Z3Partners

The primary capital infusion will drive the expansion of Wow! Momo's QSR brand and strengthen its distribution network and research and development (R&D) for the FMCG armNew Delhi: Wow! Momo, India's leading chain of quick-service restaurants (QSR), has secured an...

Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever chief executive Sanjiv Mehta has teamed up with the world's largest consumer-focused investment firm L Catterton to launch an India-focused...

Flipkart gets $600 mn from Walmart at around 5-10% higher valuation

The last disclosed valuation was $37.6 billion or Rs 2.79 lakh crore when it raised $3.6 billion or about Rs 26,800 crore from GIC, Canada Pension Plan Investment Board, Softbank Vision Fund 2, Walmart, DisruptAD, Qatar Investment Authority, Tiger...

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Menswear brand Snitch hits 50-store milestone

The new Snitch outlet is located at HRBR Layout, Kalyan Nagar, BengaluruBengaluru: Men’s fast-fashion brand Snitch has reached the...
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