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Finance & Funding

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Swiggy secures shareholders’ nod to raise over Rs 10,400 cr via IPO

 The Bengaluru-based company plans to raise up to Rs 3,750 crore funds through fresh equity shares, in addition to an offer-for-sale component of up to Rs 6,664 croreNew Delhi:Food and grocery delivery major Swiggy has received shareholders' approval for...

Kidswear brand Includ raises $1.5 mn in seed funding

The funding was led by Incubate Fund Asia, with participation from Escape Velocity, Abhishek Goyal (co-founder, Tracxn), and the IIM Indore Alumni Angel Fund.New Delhi: Gurugram-based Kidswear brand Includ has secured $1.5 million in its seed funding round, a...

PC Jeweller gets board’s approval to raise Rs 2,000 cr fund via rights issue, convertible warrants

 The company said the board approved raising to Rs 500 crore through a preferential allotment of fully convertible warrantsNew Delhi: PC Jewelers on Tuesday said its board has approved a proposal to raise Rs 2,000 crore through rights issues...

Wow! Momo raises Rs 70 cr from Z3Partners

The primary capital infusion will drive the expansion of Wow! Momo's QSR brand and strengthen its distribution network and research and development (R&D) for the FMCG armNew Delhi: Wow! Momo, India's leading chain of quick-service restaurants (QSR), has secured an...

Logistics intelligence platform Clickpost raises $6 Mn in Series A round

The funding round was led by Inflexor Ventures Partners, and Athera Venture Partners, along with participation from Riverwalk Holdings and Rebright PartnersNew Delhi: Gurugram-based logistics intelligence platform Clickpost has raised $6 million in Series A funding led by Inflexor...

Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever chief executive Sanjiv Mehta has teamed up with the world's largest consumer-focused investment firm L Catterton to launch an India-focused...

Grocery retail chain SuperK raises $6 million

The funding will be used for investing in technology infrastructure, hiring, and scaling the platform to connect digital native brandsNew Delhi: SuperK, a franchised grocery retail chain for small towns, on Wednesday, said it had raised $6 million (around...

Subko raises $10 million from Nikhil Kamath, Gauri Khan, John Abraham

The funds will be used to enhance the talent pool, develop tech-enabled customer experiences, bolster product and design research and development, and launch ready-to-drink coffee productsNew Delhi: Subko, a specialty coffee roaster and craft bakehouse based in Mumbai, has...

AbCoffee raises $3.4 million in series A funding

The funding round was led by Nexus Venture Partners, with participation from existing investor Tanglin Venture Partners Bengaluru: Mumbai-based tech-enabled speciality coffee quick service restaurant (QSR) chain AbCoffee has secured $3.4 million in a series A funding round led by Nexus...

Jewellery brand Kushal’s raises Rs 284 crores in series B funding round

The funding will be utilised to build the brand and scale its retail presenceBengaluru: Fashion jewellery brand Kushal’s has raised Rs 284 crore in a series B funding round led by Lighthouse India Fund IV AIF, the companies said in...

Tastes2plate to raise Rs 30-40 crore to fuel growth in intercity food delivery

The funds will be primarily used for capacity building in marketing, information technology, and logistics infrastructureKolkata: Kolkata-based intercity cooked food delivery startup, tastes2plate.com, is close to raising Rs 30-40 crore in Series A venture funding, aiming at unlocking exponential...

D2C brand Koparo raises Rs 6 crore from 4P Capital Partners, Shark Tank India

Round comes after they raised Rs 12 crore as Pre-Series A led by Saama Capital in Feb 2023 New Delhi: Delhi-based D2C home care brand Koparo has raised a funding of Rs 5.2 crore from 4P Capital Partners and Rs 70...

Digital commerce platform OTO raises $10 million from cricketer K L Rahul, others

The investment is aimed at expanding the company's presence to over 30 cities and strengthening its existing partnershipsMumbai: Digital commerce platform OTO on Tuesday said it raised $10 million (around Rs 83 crore) from a clutch of investors, including...

Strata acquires Cafe Coffee Day Headquarters in Bengaluru for Rs 150 crore

The CCD headquarters has a built-up area of over 1 lakh sqft spread across 11 floors with each floor measuring around 9,000 sq. ft.Mumbai: Commercial real estate investment platform Strata on Monday acquired the 11-storey Cafe Coffee Day (CCD)...

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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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