Flipkart
Accel Fuels Sarla Aviation's Flying Taxi Ambitions with USD 10 Mn Investment
Angel investors, including Binny Bansal (Flipkart co-founder), Nikhil Kamath (Zerodha co-founder), and Sriharsha Majety (Swiggy co-founder), also participated in the round.
Year in Review: The Best Funded Startups of 2024
Highlighting 2024 key funding deals, innovative startups across industries secured substantial investments, driving growth, fostering innovation, and unlocking new opportunities for market expansion and development.
Accel Secures USD 650 Mn for Eighth India Fund
The fund garnered support from 131 undisclosed investors, matching the amount raised for its seventh India fund in 2022.
FinX and FirstClub Raise Early-Stage Funding
The startups listed below have disclosed investment rounds.
Quality Hygiene Provider for Every Age
The Indore-based hygiene brand Millennium Babycares excels in baby, fem-care, and adult hygiene products.
Addverb Ventures into Humanoid Robotics with 2025 Launch Goal
The new humanoid robot, powered by advanced AI and self-learning algorithms, will process multi-modal data, adapt to complex environments, perform tasks, and make real-time decisions across industries like warehousing, defence, and healthcare.
The Comfort Redefiner
Freecultr, founded in 2019, redefines India's innerwear market with a data-driven, consumer-centric D2C model. Expanding globally, it emphasises comfort, sustainability, and customer feedback, aiming for 50% growth by 2025.
Skillmatics: Creating Screen-Free, Sustainable Learning Experiences for Children
The brand creates eco-friendly, educational games promoting skill development and critical thinking, offering sustainable, screen-free play for children through innovative, digital-first strategies and global expansion.
How e-Commerce Giants Kicked Off The 2024 Festive Season
Flipkart recorded 330 million visits during early access and day 1, Amazon recorded 110 million customer visits within the first 48 hours of its sale, Meesho stated 65 million visitors and Myntra enjoyed 120 million visitors during the same period.
Former Cleartrip CEO Ayyappan R Eyes Quick Commerce with FirstClub
After stepping down as Cleartrip's CEO earlier this year, Ayyappan brings his expertise from leading positions at Flipkart, including his role as chief business officer at Myntra.
Flipkart Extends Its Quick Commerce Arm in Bengaluru
Flipkart has recently launched a quick commerce vertical called 'Minutes', exclusive to Bengaluru
Incuspaze Secures USD 8 Mn in Maiden Funding to Expand Workspace Solutions
The raised capital will beef up Incuspaze's capabilities to provide top-tier workspace solutions to enterprises, MSMEs, and startups.
Honestly, MyPickup, and Protonas Raise Early-Stage Funding
The startups listed below have disclosed investment rounds.
RENEE Cosmetics Raises INR 100 Cr in Series B Round
Through all rounds to date, the Ahmedabad-based beauty brand has raised about USD 45 million in total.
Top Funding Highlights: Startups of the Week [May 24–31]
The startups with the highest funding raised this week, from May 24 to May 31, are listed below. A quick rundown of them is as follows: