Finance & Funding

The bridge round attracted over 40 investors, including angels, private equity fund managers, friends and family. New Delhi: Mumbai-based luggage brand Nasher Miles has raised $4 million in funding in a bridge round at a valuation of $30mn, a release by...

The funding round was led by venture capital firm Accel with participation from existing investors including Fireside Ventures and AUM VenturesBengaluru: Gen Z-focused fashion-tech startup Newme has secured $18 million in series A funding led by venture capital firm...

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in research and development to foster innovative concepts and products. New Delhi: Food and beverages company Ninecamp Ventures founded by Ex-Zomato executive Chaitanya...

The capital raised will be used to fund its central inventory needs to feed its network of Frendy Marts & Micro Kiranas in Tier 3+ towns of Gujarat. New Delhi: Ahmedabad-based tech-enabled small format grocery chain Frendy has raised Rs 2...

The funding was led by Unilever Ventures and supported by notable angel investors such as Dr Vaidya’s co-founder Arjun Vaidya. New Delhi: Udaipur-based skincare brand Skininspired has raised $1.5 million (Rs 12.25 crore) in seed funding, a release by the company...

Around 75 per cent of the fund will be used for repaying bank loans and the rest 25 per cent for working capital requirementsNew Delhi: PC Jeweller Ltd plans to raise up to Rs 2,705 crore by issuing warrants...

The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...

Upcoming funding round will be utilised to launch Mithai (sweets) parlours and expand its product offeringsBengaluru:  Mumbai-based sweet innovation brand Scandalous Foods is targeting to raise $12 million in the coming months, following its pre-seed funding round in February...

The funding will be used to boost production capacity, expand the product line, and strengthen its retail presence through its retail concept RamalayaBengaluru: Mode Retails Sales and Marketing Pvt. Ltd., known for its flagship brand Prabhu Shriram Incense, is...

The funding round was led by PeerCapital, based in Bengaluru, and Regal Fabrics, based in the United Arab Emirates New Delhi: Jaipur-based tech-enabled fabric sourcing platform for fashion business Fabriclore has raised $1.6 million (Rs 13.37 cr) in funding led by PeerCapital,...

The initial share sale will conclude on Tuesday and has a price range of Rs 351-369 per shareNew Delhi: The initial public offer of luxury furniture brand Stanley Lifestyles received 5.22 times subscription on the second day of bidding...

The funding round saw participation from new investors like Avenir, Lightspeed, and Avra, alongside existing investors Glade Brook, Nexus, and StepStone, Goodwater, and Lachy GroomNew Delhi: Quick commerce company Zepto on Friday said it has raised $665 million (about...

The funds will be allocated to launching its new cookware brand Ember, research and development and expanding the team Bengaluru: Consumer goods company Palette Brands (earlier White.Inc) has raised close to $2 million in a pre-series A round led by Rockstud...

Additional investors will be joining in the coming weeks with the Series E round expected to close by the end of JuneBengaluru: Payments-centric retail SaaS platform Innoviti Technologies Pvt. Ltd., has initiated the second close of its ongoing series...