In a strategic move aimed at bolstering its national footprint, Kolkata-based quick-service restaurant (QSR) chain Wow! Momo has raised INR 130–150 crore (~USD 15–17 million) in a bridge funding round. The investment is spearheaded by Kamal Agrawal, a key member of the Haldiram promoter family, alongside Khazanah Nasional, Malaysia’s sovereign wealth fund. This round—structured via … Read more
Finodaya Capital, a Madhya Pradesh-based non-banking financial company (NBFC), has successfully raised INR 21.3 crore (USD 2.5 million) in its seed funding round. The investment was led by fintech-focused venture capital firm White Venture Capital, with additional participation from Gemba Capital and a clutch of angel investors./i A Step Forward in Financial Inclusion Finodaya Capital, … Read more
Ivory, a brain health startup, has raised INR 8.5 crores (USD 1 million) in a funding round led by IIM-A Ventures and early-stage investor Capital A. This is a big milestone in their mission to make cognitive health solutions accessible to all in India. 1Crowd, Stanford Angels and a bunch of angel investors including Dr. … Read more
In a first of its kind initiative to increase fundraising opportunities for micro, small and medium enterprises (MSMEs), NSE and UP Government enable equity funding for MSMEs through NSE Emerge platform—a dedicated exchange segment for small and medium businesses. NSE and UP Government MoU Details Announced in Lucknow, NSE MoU with UP Govt. is a … Read more
Country Delight, the Gurugram-based direct-to-consumer (D2C) food essentials brand, has raised USD 25 million (approximately INR 214 crore) in Series E funding from Temasek. The Singapore sovereign wealth fund invested through its entity, V-Sciences Investments Pte Ltd. According to regulatory filings with the Registrar of Companies (RoC), the company’s board approved the issuance of 1,00,974 … Read more
Chennai-based mobility solutions startup, Taxi’na, has announced a significant milestone with the successful closure of its latest funding round. The company raised INR 1.5 crore from Navyug Global Ventures, marking a major step towards revolutionizing India’s ride-hailing landscape. A New Kind of Subscription Model Founded by Pinku Bharathi, Taxi’na is out to change the ride-hailing … 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
DCDC Kidney Care, a leading dialysis service provider in India under the umbrella of DCDC Health Services, has received an investment of INR 150 crore (approximately USD 17.4 million) from Singapore-based ABC Impact. This Asia-focused impact investment firm, backed by Temasek, aims to catalyze healthcare access in emerging markets. Founded in 2009, DCDC Kidney Care … Read more
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
Regional language-focused OTT platform Stage has raised USD 12.5 million (~INR 107.50 crore) in its Series B funding round, led by Good Water Capital and Blume Ventures. The round also included USD 2.5 million (~INR 21.50 crore) worth of secondary transactions for early investors such as Harsh Shah (co-founder of Fynd) and Aayush Phumbra (founder … Read more