Big news for India’s electric mobility space! Bengaluru-based EV tech company Fabric, along with its wholly owned subsidiary Intellicar, has raised INR 115 crore (USD 13.5 million) in Series A funding. The investment comes from Nuveen, a US-based global asset management firm with USD 1.3 trillion in assets under management across 32 countries. This funding … Read more
Emversity, a Bengaluru-based skill-based training and higher education platform founded by former Unacademy COO Vivek Sinha, has raised INR 43 crore (USD 5 million) in a pre-Series A funding round. The round was co-led by Z47 (formerly Matrix Partners India) and Lightspeed Venture Partners, with additional participation from Alteria Capital and Innoven Capital. The funding … Read more
Noida-based proptech startup HouseEazy is reportedly in advanced discussions to raise INR 100 Cr (~USD 11.7 million) in funding, in a move that could mark a significant milestone in the company’s growth journey. The fresh capital is expected to come from a large, yet unnamed tier-I VC firm and existing investor Chiratae Ventures, according to … Read more
In a significant development that underscores the growing demand for high-quality, non-refined cooking oils in India, Bengaluru-based cold-pressed oil brand Gramiyaa has raised INR 7.2 crore in a pre-Series A funding round. The round was led by Homegrown Ventures with participation from Campus Fund and Mumbai Angels who had earlier invested in the company’s seed … Read more
Rural focused fintech startup Navadhan has raised INR 111 crore in its Series A round, interesting thing is that the company raised more than its initial target of INR 80 crore. The round was led by NabVentures, venture capital arm of National Bank for Agriculture and Rural Development (NABARD) with co-lead from Prime Venture Partners. … Read more
In a major boost to the demand for sustainable and health conscious food products, Hyderabad based superfood and plant based nutrition brand Nourish You has raised INR 16 crore (~1.84 million USD) in its Series A funding round led by SIDBI Venture Capital. The fresh capital will be utilised for scaling operations, customer retention, diversification … Read more
Go Zero is the Mumbai-based guilt-free ice cream brand. We called it guilt free ice cream brand because it is sugar free ice cream and if you are on low sugar or zero sugar diet then you will not have to regret after eating it. The company has raised INR 30 crore (~USD 3.4 million) … Read more
Chai Kings, the fast growing premium tea retail chain based out of Chennai has raised USD 3 million (~INR 24 crore) in its Series A round, led by AVT. One of the largest packaged tea manufacturers in South India, who own AVT Premium and AVT Gold Cup brands. Chai Kings – Overview Founded in 2016 … Read more