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Saturday, October 12, 2024

Tag: Funding

Millenium Babycares raises INR 122 Cr from Bharat Value Fund to expand Bumtum brand

Kids
Millenium Babycares, the parent company of D2C brand Bumtum, has raised INR 122 crore ($14.5 million) in a private placement round from Pantomath Capital-managed Bharat Value Fund (BVF). Fund͏͏ Utilisation: The͏͏ investment͏͏ firm͏͏ secured͏͏ a͏͏ minority͏͏ stake͏͏ in͏͏...

Varun Beverages to raise INR 7,500 Cr through QIP for strategic expansion

Food & Beverage
PepsiCo's leading bottler, Varun Beverages, plans to raise INR 7,500 crore from the market through a Qualified Institutions Placement (QIP) to finance its growth initiatives. In͏͏ a͏͏ board͏͏ meeting͏͏ held͏͏ on͏͏ Wednesday,͏͏ the͏͏ company͏͏ approved͏͏ the͏͏...

Beauté Secrets receives INR 1.6 crore from Velocity ahead of festive season

Fashion
Beauté Secrets, a beauty tools brand from Gurgaon, received INR 1.6 crore from Velocity, backed by Peter Thiel's Valar Ventures. Just in time for...

Furnishka raises INR 27 Cr in Pre-Series A funding led by IndiaQuotient

Startups
Furniture retailer Furnishka has raised INR 27 Cr ($3.25 Mn) in its Pre-Series A funding round, led by IndiaQuotient. Notable͏͏ Investors͏͏ Join͏͏ the͏͏ Funding͏͏ Round: The͏͏...

Lucky Energy raises $11.75 Mn in oversubscribed Series A funding round

International
US energy drink company Lucky Energy has successfully concluded an oversubscribed Series A funding round, raising $11.75 million, with Brand Foundry Ventures leading the...

Samantha Prabhu invests in D2C wellness brand Secret Alchemist, joins as co-founder

Startups
Actress Samantha Prabhu has made another investment in the Indian startup ecosystem by backing D2C wellness brand Secret Alchemist. Following͏͏ this͏͏ investment,͏͏ the͏͏ brand͏͏ has͏͏...

Snack brand Troo Good raises INR 72 Crore in new funding round

Startups
Millet-based snack brand Troo Good has secured INR 72 crore (around $8.6 million) in funding from Oaks Asset Management, with additional participation from Puro...

ClayCo Cosmetics raises $2 Million in Series A funding led by Unilever Ventures

Startups
Mumbai-based skincare brand ClayCo Cosmetics has secured $2 Mn (INR 16 Cr) in its Series A funding round led by Unilever Ventures. The͏͏ company͏͏ intends͏͏...

Agritech startup WayCool raises INR 100 Cr in debt funding from Grand Anicut

AgriTech
Chennai-based agritech startup WayCool has raised INR 100 crore ($11.9 million) in debt funding from Grand Anicut. Details͏͏ of͏͏ the͏͏ Capital͏͏ Infusion: The͏͏ board͏͏ has͏͏ approved͏͏...

Conscious Chemist secures INR 12 Cr from Atomic Capital, strengthens board with new director

Startups
D2C beauty startup Conscious Chemist has secured INR 12 crore (around $1.4 million) in funding from private equity firm Atomic Capital. Strategic͏͏ Board͏͏ Appointment: Following͏͏ this͏͏...

Pluckk acquires D2C nutrition brand Upnourish for $1.4 Mn

Startups
In a strategic move to diversify its product mix, fresh fruits and vegetables platform Pluckk has acquired D2C nutrition brand Upnourish for $1.4 Mn. Expansion͏͏...

Curefoods secures nearly $10 Mn from Binny and Jitender Kumar Bansal

Startups
Cloud kitchen startup Curefoods has secured an additional INR 80 crore (around $9.6 million) in debt financing from Binny Bansal and Jitender Kumar Bansal,...

First Coffee raises $1.2 Mn seed funding to expand nationwide

Startups
QSR chain First Coffee has secured $1.2 Mn (over INR 10 Cr) in a seed round led by early-stage investment firm BEENEXT. Notable͏͏ Investors͏͏ Join͏͏...

The Health Factory raises $3.5 Mn in seed funding for nationwide expansion

Startups
Health-focused bread brand The Health Factory has successfully secured $3.5 million in seed funding, led by Peak XV’s Surge. This͏͏ significant͏͏ investment͏͏ marks͏͏ a͏͏...
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