Funding: Page 9
Kolkata-Based Home Decor Brand Nestasia Raises USD 8.35 Mn; Aims for 30 Stores by 2025
The funds will be used to fuel Nestasia's offline store expansion, introduce new product categories, enhance brand building, and support hiring efforts.
Transcell Biologics and Supersquad Raise Early-Stage Funding
The startups listed below have disclosed investment rounds.
Sri Mandir's Parent AppsForBharat Raises USD 18 Mn Funding to Accelerate Digital Devotional Services
The Bengaluru-based startup plans to utilise the funds to expand the Sri Mandir app, build a robust technology stack for temples, introduce five new regional languages, and scale operations in India and international markets like the US, UK, and Canada.
Info Edge Ventures, Pi Ventures, and Kalaari Capital Co-Lead USD 6 Mn Investment in Clean Electric
The new capital will be used to bolster research and development, expand the sales and operations teams, and develop new products.
Global Crypto Exchange M2 Joins Phoenix Group And Cypher Capital As Lead Investors In Dubai-Based Social Monetization Platform Lyvely
Founded by tech entrepreneurs Farah Zafar and Dave Catudal, Lyvely stands out for its hybrid approach to disrupting socialfi.
Fintech Platform Drip Capital Secures USD 113 Mn to Enhance Global Trade Finance Solutions
The new funding will be used to expedite market expansion and support the development of new products tailored to customer needs.
Bharat Value Fund Acquires 6.5% Stake in Marudhar Rocks with INR 150 Cr Investment
The raised funding will be used to enhance production, adopt advanced technologies, and expand Marudhar's domestic and international market presence.
Arbour Investments Injects USD 7 Mn into Justo Realfintech to Drive Growth and Innovation
As part of the deal, Arbour Investments' founders, Chirag Mehta and Priyesh Chheda, will join Justo Realfintech's Board of Directors.
"We Got Funded!" KSA-Based Yalla Plus Raises US$2.7 Million In Seed Funding As It Aims To Reach 100,000 Hospitality Entrepreneurs
Over the next five years, the startup aims to establish its presence across 50 countries, including those in the Middle East, Europe, and Southeast Asia.
D2C Sports Nutrition and Wellness Brand Nutrabay Raises USD 5 Mn in Series A
RPSG Capital Ventures led the round, joined by Kotak Alternate Asset Managers. Funds will boost omni-channel expansion and drive new product innovation.
Verlinvest Backs Blue Tokai with USD 35 Mn to Boost Presence in Metro and Tier I, II Cities
The newly acquired funds will enable the brand to expand to over 350 locations within the next 30-36 months, drive product innovation, and explore new sales channels.
VC Funding Deals in India Surpass $6.3 Billion Despite Global Caution: GlobalData
GlobalData, a data analytics company recently released a report on VC Funding in Indian Startups reported a significant surge in funding during the January to July 2024 period, recording a total of 672 deals raising US$6.3 billion.
Beauty Brand Pilgrim Secures USD 9 Mn in Series B Extension; Fireside Ventures Becomes Largest Stakeholder
The Mumbai-based platform plans to utilise the funds to bolster its market presence and fuel its strategic growth plans.
ODA Class, Medront, and Serigen Mediproducts Raise Funding
The startups listed below have disclosed investment rounds.
Servify Boosts Funding with INR 84 Cr Investment Led by Bajaj Holdings, Trifecta, and Innoven Capital
Servify specialises in providing brand-authorised after-sales support for a range of consumer electronics, including mobile phones, personal gadgets, and home appliances.