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Finance & Funding

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Global commerce enabler Jodaro raises $750k in seed round

The funding infusion is earmarked for technological advancements, team expansion, and global brand amplification Bengaluru: Jodaro, a global commerce enabler connecting manufacturers directly with buyers, has secured $750k in its seed funding round led by Fundamental VC, with participation from Maninder...

Bakingo raises $16 million growth capital from Faering Capital

 With this investment, Bakingo is looking to further strengthen its distribution footprint by expanding from 75 dark kitchens to 150 and entering 10 new citiesNew Delhi: Bakery brand Bakingo has raised its first round of growth capital of $16...

Startup Breathe ESG raises pre-seed round funding led by 100X.VC

It has raised $315,000 in the funding round which will be used to increase product capabilities, improve the suite of offerings, and expand into global marketsNew Delhi: Breathe ESG, a startup offering enterprises SaaS (software as a service) solutions...

Bakingo raises USD 16 mn from Faering Capital

Bakingo has its services across 13 cities in India, including Gurugram, Delhi, Noida, Bengaluru, Hyderabad, Mumbai, Jaipur, Chandigarh, and LucknowNew Delhi: Online bakery product seller Bakingo on Monday said it has raised its first-ever round of growth capital of USD...

Home furnishing brand Vaaree raises $4 million in seed funding

The new round of funding will enable Vaaree to grow its team and invest in platform development Bengaluru: Home furnishings and decor retailer Vaaree has raised $4 million in seed funding led by Surge, Peak XV’s (formerly Sequoia Capital India and...

Colgate Palmolive gets Rs 170 crore Transfer Pricing Order from Income Tax authorities

The Transfer Pricing Order is for the financial year 2021-22New Delhi: Leading oral care products maker Colgate-Palmolive (India) has received a Rs 170 crore Transfer Pricing Order from Income Tax authorities disallowing 'certain' international transactions.The Transfer Pricing Order is...

Shoemaker AKI India plans to raise Rs 80 cr to fund growth

NPS, which owns the Solovair range of leather shoes, intends to introduce it in India through this JVNew Delhi: Kanpur-based leather goods maker AKI India plans to raise Rs 80 crore from the market and announced a new 25:75 joint...

Jaipur-based Motisons Jewellers raises Rs 33 cr in pre-IPO round

The pre-IPO placement was undertaken after the approval of the board and shareholders in their meetings on September 2 and September 11, respectivelyNew Delhi: Motisons Jewellers, a Jaipur-based retail jeweller company, has garnered Rs 33 crore in its pre-IPO (initial...

E-commerce platform Meolaa raises $2 Million in Seed Funding

Founded by 23-year-old Ishita Sawant. Meolaa has a portfolio of over 2500 brands and 125,000 products across six different categories New Delhi: Digital consumer products e-commerce platform Meolaa has bagged $2 million in its latest seed funding round, the company announced...

Abu Dhabi Investment Authority to invest Rs 4,966.80 crore in Reliance Retail

This investment by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA) "will translate into an equity stake of 0.59 per cent" in Reliance Retail Ventures Limited (RRVL) on a fully diluted basisNew Delhi: Abu Dhabi Investment Authority (ADIA)...

Dressfolk raises Rs3.3 crore in seed funding

The company plans to use the fund to strengthen its product portfolio, expand distribution channels, and expand its team and operationsNew Delhi: Indian handloom ethical clothing brand Dressfolk announced today that it has raised Rs 3.3 crore in...

Beauty brand Pilgrim raises $20 million series B funding

The brand is planning to deploy the funds in brand building, research and development and bolstering offline expansion within India Bengaluru: Beauty and personal care brand Pilgrim has raised $20 million in Series B funding led by Vertex Ventures Southeast Asia...

Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares

Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per centNew Delhi: Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount...

Flash.co raises Rs 55 crore in funding led by Blume Ventures, Peer Capital

White Venture Capital and Emphasis Ventures also participated in the funding roundNew Delhi: Shopping platform Flash.co on Tuesday said it has raised $6.7 million (around Rs 55 crore) in a funding round led by Blume Ventures and PeerCapital.White Venture...

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Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report

On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr Bengaluru: Parle Products...
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