News

Yes Madam, a rising name in the beauty and wellness sector, is reshaping salon services in India with its convenient and transparent approach. The platform offers a variety of beauty and spa services, from waxing to facials, all accessible from

Direct-to-consumer luggage brand Mokobara has secured $12 million (Rs 100 crore) in a Series B funding round led by Peak XV Partners (formerly Sequoia Capital India). This marks the company’s first funding round in 2024. Existing investors Sauce VC and

Infibeam Avenues, a leading AI-powered fintech company, announced today its acquisition of a 20% strategic stake in XDuce for $10 million, valuing the company at $50 million. XDuce, renowned for its enterprise Application and AI development expertise, is based in

Mumbai-based agricultural produce startup Indic Wisdom has announced the successful raise of Rs 4 crore in a pre-Series A funding round, led by Inflection Point Ventures, a prominent angel investment firm based in Gurugram. The funding round also witnessed participation

Varaha, a pioneering climatetech startup, has secured $8.7 million in a Series A funding round spearheaded by RTP Global, an early-stage venture capital firm. The financing round also witnessed the participation of existing investors Omnivore and Orios Venture Partners. Notably,

E-commerce titan Amazon India has inked a Memorandum of Understanding (MoU) with the Global Alliance for Mass Entrepreneurship (GAME) as part of its Saheli program. The collaboration aims to overhaul the digital e-commerce landscape for women entrepreneurs, particularly in Tier-2,

Smallcase, a wealth management startup backed by Amazon, has reported stagnant growth in the fiscal year ending March 2023. However, its losses surged by 40%, reaching Rs 133 crore, primarily driven by a 70% increase in employee costs during FY23.

Yulu, an electric two-wheeler company, has secured $19.25 million (approximately Rs 160 crore) in equity funding from its existing investors, Magna and Bajaj Auto Ltd. This additional capital infusion will empower Yulu to sustain its growth momentum and reinforce its

Equirus InnovateX Fund (EIF), a pioneering early-stage venture fund dedicated to fostering tech innovation, has achieved a significant milestone by announcing its first close within a mere two months of securing an AIF (Alternative Investment Fund) Category-I license from SEBI

ReFit Global, an up-and-coming player in the Direct-to-Consumer (D2C) refurbished platform arena, has achieved a remarkable feat by securing Rs 2 Crore in funding at an impressive valuation of Rs 200 Crore during its appearance on Shark Tank India Season