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Finance & Funding

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Freshleaf raises Rs. 1 cr in seed round

The funding will be utilized in marketing, increase production capacity, research and development New Delhi:  Premium tea brand Freshleaf has raised a funding of Rs. 1 Crore in seed round, the company said in a press release on Thursday. The funding...

Online paan company Betel Leaf raises $1.2 million in bridge round

The funding round was led by Inflection Point Ventures and Venture Catalysts Bengaluru: Online paan company Betel Leaf has raised $1.2 million in a bridge round led by Inflection Point Ventures (IPV) and Venture Catalysts, the paan retailer said in a...

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...

Travel brand Icon secures seed funding

The funding was led by DSG Consumer Partners with participation by a host of angel investors New Delhi: D2C luggage and travel accessories startup brand Icon has secured seed funding of $1.2 million, a press release said on Tuesday. The funding...

MatchLog Solutions raises $1.5 million in pre-series A funding

The funding round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital, and Capital A Bengaluru: Container logistics and supply chain company MatchLog Solutions has raised $1.5 million in pre-series A funding, the company...

Swiggy secures shareholders’ nod to raise over Rs 10,400 cr via IPO

 The Bengaluru-based company plans to raise up to Rs 3,750 crore funds through fresh equity shares, in addition to an offer-for-sale component of up to Rs 6,664 croreNew Delhi:Food and grocery delivery major Swiggy has received shareholders' approval for...

Kidswear brand Includ raises $1.5 mn in seed funding

The funding was led by Incubate Fund Asia, with participation from Escape Velocity, Abhishek Goyal (co-founder, Tracxn), and the IIM Indore Alumni Angel Fund.New Delhi: Gurugram-based Kidswear brand Includ has secured $1.5 million in its seed funding round, a...

PC Jeweller gets board’s approval to raise Rs 2,000 cr fund via rights issue, convertible warrants

 The company said the board approved raising to Rs 500 crore through a preferential allotment of fully convertible warrantsNew Delhi: PC Jewelers on Tuesday said its board has approved a proposal to raise Rs 2,000 crore through rights issues...

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...

Logistics intelligence platform Clickpost raises $6 Mn in Series A round

The funding round was led by Inflexor Ventures Partners, and Athera Venture Partners, along with participation from Riverwalk Holdings and Rebright PartnersNew Delhi: Gurugram-based logistics intelligence platform Clickpost has raised $6 million in Series A funding led by Inflexor...

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...

Grocery retail chain SuperK raises $6 million

The funding will be used for investing in technology infrastructure, hiring, and scaling the platform to connect digital native brandsNew Delhi: SuperK, a franchised grocery retail chain for small towns, on Wednesday, said it had raised $6 million (around...

Subko raises $10 million from Nikhil Kamath, Gauri Khan, John Abraham

The funds will be used to enhance the talent pool, develop tech-enabled customer experiences, bolster product and design research and development, and launch ready-to-drink coffee productsNew Delhi: Subko, a specialty coffee roaster and craft bakehouse based in Mumbai, has...

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AbCoffee opens 50th outlet in just two years

The homegrown takeaway coffee chain reached the milestone by opening four new outlets in MumbaiMumbai: Tech-enabled grab-and-go coffee chain...
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