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PhonePe raises $100 million in additional funding at $12 billion valuation

Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger Global New Delhi: Fintech firm PhonePe has raised another $100 million (about Rs...

Cloud kitchen chain edabba’ plans to raise funds for expansion

The bootstrap start-up is in talks with investment bankers to value its net worth as the first step towards raising funds Kolkata: Kolkata-based cloud kitchen chain edabba' is in talks with investment bankers to value its net worth as the...

Actor Mouni Roy launches a pizza chain as an investor

Mouni Roy has launched a Neapolitan pizza chain, The Pizza People in collaboration with cloud kitchen brand Bigspoon New Delhi: Cloud kitchen Bigspoon launched a Neapolitan pizza chain, The Pizza People, in association with its celebrity investor Mouni Roy. The recently...

Fashion brand Snitch raised Rs 15 million from all 5 sharks of Shark Tank India

Snitch also launched buy now pay later (BNPL) services through its new partner BharatX New Delhi: Snitch, a fast fashion brand for men, raised Rs 15 million from investors at the Shark Tank India Season 2. All five sharks made an...

Fashion brand D’chica raises Rs 1.6 crores from Velocity

The brand will use the financing to scale its marketing and hiring efforts and to achieve a revenue of Rs 45 crores in FY 2023-24 Bengaluru: Apparel and fashion brand D’chica has raised Rs 1.62 crore from an Indian revenue-based financier...

Jewellery Brand Amama Secures Seed Funding from She Capital

Amama plans to utilize the $250,000 raised to boost its digital presence New Delhi: Amama, a high-end designer jewellery brand, recently raised seed funding of $250,000 from She Capital, an early-stage diversity fund focuses on investing in consumer tech startups...

FirstCry opens store at Reach 3 Roads

The 3,000 sq. ft. store is located at Sector 70 in Gurugram New Delhi: FirstCry, a baby care brand, opened its new store at Reach 3 Roads on January 8, 2023. Located in Sector 70, Gurugram, the store is spread across...

The Whole Truth raises $15 million in Series B funding

Led by Sequoia Capital India the round also saw participation from existing investors, including Matrix Partners India, Sauce.Vc. Angel, Nitin Kamath from Zerodha, Sriharsha Majety from Swiggy and Jaydeep Burman from Rebel Foods New Delhi: Food brand, The Whole Truth...

Funding Alert: Floral startup Hoovu Fresh raises 10 million

The funding was led by Shark Tank India via Aman Gupta, co-founder of boAt Lifestyle, and Peyush Bansal, founder of Lenskart.com Bengaluru: Hoovu Fresh, a Bengaluru-based floral startup has raised funding of Rs 10 million from Shark Tank India via...

Startups will attract significant foreign direct investments in 2023: DPIIT Secy

The action plan for startups comprises 19 action items spanning across areas such as simplification and handholding; funding support and incentives; and industry-academia partnership and incubation New Delhi: The country's startups will attract significant foreign direct investments (FDI) in 2023 on...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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