Market News

In a significant milestone, ClayCo Cosmetics, the eco-friendly skincare brand founded by Niharika Jhunjhunwala, has secured $2 million in funding from Unilever Ventures, marking its first external investment. The Series A funding round is set to accelerate the brand’s growth, enhancing its product offerings, branding, and online presence while supporting its working capital needs. Expanding […]

Hyderabad-based millet-based snack brand Troo Good has secured Rs 72 crore (approximately $8.6 million) in fresh funding from Oaks Asset Management, Puro Wellness, and V Ocean Investments. This investment values the company at Rs 322 crore ($38 million) post-allotment. The company’s board has approved the issue of 10,176 equity shares in pursuance of the funding. […]

Singapore-based angel investment network ThinKuvate has marked a significant milestone with the first close of its India-focused fund, ThinKuvate India Fund – I, at Rs 25 crore. The fund, which was announced in May this year with a total corpus of Rs 100 crore, has already made strategic investments in four high-growth startups, including Rosh.ai, […]

Mumbai, [Date] – Zintlr, a B2B SaaS (Software as a Service) platform specializing in sales intelligence and prospecting, has announced that it has secured Rs 7.5 crore in seed funding. The investment was led by Om Jain, with participation from a diverse group of investors including JITO Incubation and Innovation Foundation (JIIF), Motilal Oswal (Motilal […]

Gurugram, India-based BASIC Home Loan, a fintech startup aimed at facilitating mortgage loans for Indian homebuyers, has raised $10.6 million (Rs 87.5 crore) in its Series B funding round. The investment was led by Bertelsmann India Investments (BII) and CE-Ventures, with additional participation from existing lender Ashish Kacholia and other investors. This funding round marks […]

In a significant boost to the Indian coffee industry, specialty coffee brand First Coffee has secured a $1.2 million seed round led by BEENEXT, a venture capital firm. The funding round also saw participation from a clutch of prominent investors, including Ashish Gupta of Helion Venture Partners, AngelList India, and several other high-profile entrepreneurs. Expansion […]

Bengaluru-based omnichannel jewelry startup Giva has received a fresh injection of Rs 100 crore ($12 million approximately) in an extended Series B round from Premji Invest. This investment marks the company’s first fundraise in 2024. As part of the deal, Giva’s board has approved the issue of 68,028 Series B1 compulsorily convertible preference shares (CCPS) […]

Pune-based biotech startup Ahammune Biosciences has successfully raised $5 million in a Series A funding round, led by pi Ventures. The funding round also saw participation from a range of other prominent investors, including Capital2B, Colossa Ventures, Bipin Agarwal, Unicornus Maximus LLP, and existing investors Ideaspring Capital, Kotak Alternate Assets, Legacy Assets LLP, and IAN. […]

Bengaluru-based legal-tech startup Jhana has secured $1.6 million in a seed funding round led by Girish Mathrubootham and Manav Garg’s VC fund, Together Fund. The round also saw participation from prominent investors including Shyamal Anadkat, Scott Davis, Kunal Shah, Harshil Mathur, Shashank Kumar, Cory Levy, Z Fellows, and Ojas Shukla. The fresh capital will enable […]

Nurix AI, a startup co-founded by serial entrepreneur Mukesh Bansal, has raised $27.5 million in funding to expand its technological base and scale its operations in Asia and North America. The funding was led by General Catalyst and Accel, with participation from Meraki Labs. This investment is a culmination of Nurix’s seed and Series A […]