Market News
Livspace Ends FY24 with Modest 14.78% Revenue Growth, Reduces Losses by 48.48%
Singapore-headquartered home interior and renovation platform Livspace has reported a modest 14.78% growth in scale during the fiscal year ending March 2024, notwithstanding its 85% year-on-year growth in FY23. The Bengaluru-based company’s revenue from operations increased to Rs 1,185.7 crore in FY24 from Rs 1,033 crore in FY23. Key Highlights Challenges Ahead Livspace’s plans to […]
NowPurchase Raises $6 Million in Equity and Debt Round Led by Info Edge Ventures
In a significant development, NowPurchase, a cutting-edge SaaS-enabled marketplace for metal manufacturers, has secured $6 million in equity and debt funding led by Info Edge Ventures. Additionally, Orios Ventures Partners, 100 Unicorns, VC Grid, and prominent family offices and angel investors such as Dholakia Ventures, Real Ispat Group, Subhrakant Panda, Ankur Warikoo, Kedar Lele, Capsave […]
Vahan.ai Raises $10 Million in Series B Funding, Expands Increase in Blue-Collar Recruitment
Bengaluru-based startup Vahan.ai, a blue-collar recruitment platform, has secured $10 million in its Series B funding round led by Khosla Ventures. The fundraising round also saw participation from Y Combinator, Gaingels, and Paytm founder Vijay Shekhar Sharma. Vahan.ai, Which Conducts AI-powered interviews in eight major languages, plans to utilize the fresh funding to expand its […]
e6data Secures $10 Million in Funding to Accelerate Data Intelligence Capabilities
In a significant development, e6data, a cutting-edge data intelligence platform, has successfully raised $10 million in its Series A funding round. The financing was led by renowned venture capital firm Accel, with participation from the growth equity firm Beenext. This strategic investment is poised to propel e6data’s growth trajectory, enabling the company to expand its […]
DailyObjects Secures $10 Million in Funding Round Led by 360 One Ventures
Gurugram-based Direct-to-Consumer (D2C) tech accessories and lifestyle brand DailyObjects has raised Rs 86 crore ($10 million) in a new funding round led by 360 One Ventures. This investment comes after a gap of 30 months for the company, which has seen significant growth in recent years. The funding round saw the company issue 8,118 compulsory […]
IIMA Ventures Launches Growth Accelerator 2.0 to Boost SMEs and Family Businesses
Aimed at driving exponential growth for small and medium enterprises (SMEs), family businesses, and growth-stage startups, IIMA Ventures, a startup incubator, has introduced Growth Accelerator 2.0. This program aims to provide a supportive environment for founders and business leaders to experiment with growth strategies, focusing on strategic growth and innovation. Growth Accelerator 2.0 boasts a […]
Infra.Market Raises $18 Million in Latest Funding Round
Mumbai: Construction goods and services platform Infra.Market has raised up to Rs 150 crore (approximately $18 million) in its Series E2 funding round, just three months after securing $50 million from Mars Fund. The latest investment values the company at around $2.6 billion. The company’s board has approved the issuance of 7,028 Series E2 preference […]
Venttup Revolutionizes Manufacturing Landscape with Seed Funding from Unicorn India Ventures
Mumbai, India – Venttup, a cutting-edge Industries 5.0 startup, has secured seed funding from prominent venture capital firm Unicorn India Ventures. The investment will be used to fuel the company’s growth and enhance its technology capabilities for its innovative Indigenisation Program Management. Founded by a visionary team of Sandeep Nair, M. Wasim Ankli, and Joseph […]
Whatfix Secures $100 Million in Funding Led by Warburg Pincus and SoftBank
Bengaluru-based SaaS-based digital adoption solution provider Whatfix has successfully secured nearly $100 million in primary and secondary funding, marking its first funding round in the last three years. The funding was led by Sweet Nectar Investments (Warburg Pincus) and SoftBank, with the latter increasing its stake to 15.51% in the company. Funding Details: Company Valuation […]
Agilitas Sports Secures Strategic Investment from Spring Marketing Capital
In a significant move to solidify its position in the growing sportswear industry, Agilitas Sports, a leading sportswear and athleisure solutions platform, has secured a strategic investment from Spring Marketing Capital. While the exact amount of the investment has not been disclosed, this partnership is expected to propel Agilitas Sports towards becoming a major player […]
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