Funding
Latest News
Unicommerce records 50% revenue growth in FY’23
PTI -
The company has achieved an annual run rate of processing over 600 million transactions amounting to over $7 billion in annual gross merchandise valueNew Delhi: Softbank-backed Saas platform Unicommerce has registered a 50 percent growth in revenue driven by...
Finance & Funding
Investment in Indian startups in H1 2023 lowest in last four years: PwC India
PTI -
Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...
Finance & Funding
Fast-fashion brand French Crown raises Rs. 8.6 crore from Velocity
The funding will be utilised to expand French Crown’s international presence
Bengaluru:Â Gujarat-based fast-fashion brand French Crown has raised Rs. 8.6 crore over multiple tranches from a financial technology firm Velocity, the retailer said in a press release. The funding will...
Finance & Funding
Drools raises $60 million from L Catterton
PTI -
Drools, which makes food for cats and dogs, has almost quadrupled its revenue over the past three years by building an omnichannel pan-India pet food businessMumbai: Drools Pet Food on Tuesday said it has received funding of around $60...
Finance and Funding
DPIIT takes up startup taxation issue with FinMin: Secretary
PTI -
The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of startups with the finance ministryNew Delhi:Â The Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the taxation issue of...
Finance & Funding
Supply chain tech firm Pando raises $30 million in Series B funding
The funds will be used to drive Pando’s growth across geographies and industriesBengaluru: Supply chain software startup Pando has raised $30 million in a Series B funding round bringing total capital raised so far to $45 million, the company said...
E-Commerce
E-commerce start-up Direct2U raises Rs. 1.8 crore in seed round led by IPV
The fund raised will be used for technology development, hiring, marketing and expansion plans
Bengaluru:Â E-commerce platform Direct2U has raised Rs.1.8 crore in a seed round led by Inflection Point Ventures (IPV), announced the company in a press release on Friday....
Food & Beverage
Proost Beer raises Rs 8.5 crore in a funding round
The funding round was led by Mumbai Angels, Hyderabad Angels, Speed Fund, GetVantage, Finnvolve and other prominent angel investors, including existing investors Dauble PTE and Dev Punj
New Delhi:Â Beer brand Proost raised Rs 8.5 crore in a funding round led...
Finance & Funding
Fashinza raises $30 million from Mars Growth Capital
PTI -
The Gurugram-based firm plans to use the funds to fuel its ongoing transition into a global business with significant operations in the USA, Gulf, and EuropeNew Delhi: B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has...
Finance & Funding
PhonePe raises $200 million in additional funding from Walmart
PTI -
With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investorsNew Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...
- Advertisement -
Latest News
IndiaMART bags Gold for its integrated Annual Report at LACP Spotlight Awards 2024
Awarded for the third consecutive year, the report scores 98 out of 100 and secures a spot in the...
- Advertisement -