Page 17 - Funding

Beauty start-up Purplle raises $33 mn in funding, gets unicorn status

It is the second Indian startup this week to be valued at more than $1 billion, after edtech firm Physics Wallah.

Cred raises $80 mn in funding led by GIC at $6.4-bn valuation: Report

The existing investors Tiger Global, Sofina Ventures, Alpha Wave Ventures and DF International also participated in the funding round, said a news report

Shriram Transport Finance secures $250 mn funding from US govt's DFC

The company will use the money as part of its social finance framework to create employment and to give loans to small businesses

Fish and meat startup FreshR raises $1.2 million in new funding round

Fish and meat distribution startup FreshR has raised USD 1.2 million (Rs 9.33 crore) in a funding round led by Axilor Ventures and 1crowd, a release said on Thursday.

Bain Capital raises $2 billion in biggest Asia special situation pool

Bain Capital LP raised $2 billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific

BigBasket raises Rs 350 cr from holding firm as it takes on competitors

The online grocer plans to expand its footprint to 70 cities this fiscal year, from about 37 now.

Alternative data insights startup Synaptic raises $20 mn from Valor

Synaptic is used by leading venture capital and private equity firms, Hedge Funds, and Asset Managers globally with combined assets of several hundred billion dollars

StrideOne raises Rs 250 cr to help startups meet financing needs

Financial services platform for startups StrideOne on Tuesday said it has raised Rs 250 crore via a mix of equity (led by Elevar Equity) and debt from banks.

SUGAR Cosmetics closes $50 million series D funding led by L Catterton

L Catterton has significant experience investing globally in the beauty and personal care space

Google backs India's ShareChat in $300 mn funding round at $5 bn valuation

ShareChat counts Twitter and Snap as investors and if the bid by Tesla CEO Elon Musk to buy Twitter goes through, Musk will have potentially a stake of between 6% and 8% in ShareChat

Design operations platform Cubyts gets seed funding of $1.8 million

Cubyts' key offerings include deploying team-wide design processes and enable teams to confidently run design projects

Mohalla Tech's valuation may cross $5 billion after raising $300 million

The parent company behind short-video platform Moj and regional social network ShareChat, is in the process of raising about $300 million in fresh funding from Alphabet Inc's Google and Singapore's Te

Riverwalk Holdings launches Rs 150 cr fund for investing in Indian startups

Venture capital fund Riverwalk Holdings has launched a Rs 150 crore-fund that will focus on early-stage funding of startups in India. The fund is anchored by the Singapore-based Thakral Group and has been backed by leading business houses across India and Singapore. "The lifecycle of a startup has its ups and downs and we are committed to being supportive throughout the journey. We are grateful to have like-minded investors who also share our investment philosophy," Riverwalk Holdings Founding Partner Satveer Singh Thakral said in a statement on Thursday. Riverwalk has a sector agnostic investment approach with preferred sectors such as Enterprise SaaS, Fintech and Consumer-tech and Consumer brands. The fund will invest up to Rs 10 crore per startup, and has already made four investments.

Agritech startup Nutrifresh raises $5 mn to scale up chemical-free farm ops

Co-founded by two Agripreneurs, Nutrifresh aims to provide consistent pesticide-free hydroponic produce that is nutrient-rich for the Indian consumer

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Travel only if it is absolutely needed and meetings that can happen on Zoom should happen on Zoom, Gaurav Munjal tells employees

Music NFT marketplace FanTiger raises $5.5 mn from Multicon capital, others

FanTiger empowers independent artists to build fan communities on the platform and enable fans to help shape their career using music NFTs

Three Wheels United raises $10 mn to increase financing for EV 3-wheelers

TWU has previously raised funding from Asian Development Bank Ventures, Techstars, Microsoft, and investors from the Middle East, Europe, and US

Emiza Supply Chain raises Rs 38 cr in funding round led by JM Financial

Emiza Supply Chain Services has raised Rs 37.5 crore in a funding round led by JM Financial Private Equity

Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme

Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25

Country Delight raises $108mn in series D led by Venturi Partners & Temasek

Founded in 2013, the company delivers dairy, fruits, and vegetables to the doorstep of consumers.