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Finance & Funding

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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)...

Anarock raises Rs 200 crore from 360 One Asset Management

Chairman Anuj Puri said that Anarock plans to utilise the amount for the expansion and growth of the company's businessNew Delhi: Real estate consultant Anarock on Monday announced it has raised Rs 200 crore from 360 One Asset Management...

Arzooo secures funding boost in extended Series B round

With this additional funding, Arzooo plans to strengthen its technological infrastructure, improve operational efficiency, and deepen its focus on the consumer durable market in India Bengaluru: Retail tech platform Arzooo has further boosted its Series B funding, securing additional investment from...

Metro Brands Q3 net profit declines 12.6% to Rs 98.78 crore

The company's total expenses rose 11.77% to Rs 515.53 crore in the December quarterNew Delhi: Footwear retail chain Metro Brands on Thursday reported a 12.57% decline in consolidated net profit to Rs 98.78 crore for the third quarter ended...

Kisankonnect raises Rs 31 crore

The round also saw participation from Dhanuka Agritech Ltd, along with VC Grid and other family officesNew Delhi: Agritech startup Kisankonnect has raised Rs 31 crore in a funding round, led by climate tech-focused fund Green Frontier Capital (GFC),...

SaaS startup Glamplus raises Rs 16.5 crore

The pre-series funding round was led by Upsparks Capital, Eagle10 Ventures, ITI Growth Opportunities Fund and Inflection Point Ventures Bengaluru: Software as a service (SaaS) enabled business-to-business (B2B) beauty marketplace Glamplus has raised around Rs 16.5 crore in a pre-series A funding...

Ratan Tata to divest all shares in FirstCry IPO

Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel platform FirstCry, in the upcoming IPONew Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares...

Dermocosmetics startup SkinQ gets seed funding

The funds will be utilised towards new product launches, research and development, team expansion, and brand enhancementNew Delhi: Dermocosmetics startup SkinQ on Thursday said it has secured seed funding led by Inflection Point Ventures.The funds will be utilised towards...

Flipkart gets $600 mn from Walmart at around 5-10% higher valuation

The last disclosed valuation was $37.6 billion or Rs 2.79 lakh crore when it raised $3.6 billion or about Rs 26,800 crore from GIC, Canada Pension Plan Investment Board, Softbank Vision Fund 2, Walmart, DisruptAD, Qatar Investment Authority, Tiger...

RBZ Jeweller secures Rs 21 cr from anchor investors

The Ahmedabad-based B2B and retail jewellery firm would raise Rs 100 crore through the issue at the upper end of the price bandNew Delhi: RBZ Jewellers on Monday said it has raised Rs 21 crore from anchor investors, a day...

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