Apna Mart, the omnichannel grocery and FMCG chain, has raised USD 25 million (~INR 214.5 crore) in a new funding round led by Fundamentum Partnership Fund and Accel with participation from existing investors. The funding was a combination of equity and debt and was done through issuance of 6,342 Series B compulsorily convertible preference shares … 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
Pilgrim is one of India’s fastest growing direct-to-consumer (D2C) beauty and personal care brands. The company has raised INR 200 crore (~USD 23 million) in its latest funding round. The capital was raised at a pre-money valuation of INR 3,000 crore (~USD 345 million) through a mix of primary and secondary transactions. Existing and New … Read more
Kochi-based humanoid robotics startup iHub Robotics has raised INR 4.3 crore (~ USD 5,20,000) in a pre-seed funding from US-based investors. This is part of the company’s plan to make India the hub of humanoid robotics and AI. The funds will be used to set up India’s largest humanoid robotics manufacturing unit in Kerala, which … 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
Bengaluru-based Slikk Club is a fashion quick-commerce startup. The company has raised USD 3.2 million (~ INR 27.7 crore) in a seed funding round led by Lightspeed, with participation from Multiply Ventures and several angel investors including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera) and Saurabh Gupta (DST Global). This funding will … 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
Bengaluru-based fintech startup Finnable has secured INR 30.55 crore (~USD 3.7 million) in a Series B funding round. Led by TVS Shriram Growth Fund, the round also saw participation from Malpani Retails, Harsh Anand Jain, Neha Bagaria, Roopjyot Engineering, and others. This fresh capital injection reinforces Finnable’s position in India’s competitive digital lending market. Investment … Read more
