Zappfresh Acquires Bonsaro to Bolster Mumbai Presence and Expand Operations in Western India
Online fresh fish and meat retailer Zappfresh has strategically acquired Bonsaro, a Mumbai-based company specializing in the online delivery of poultry, goat, and seafood. This move marks Zappfresh’s second acquisition, following its purchase of Sukos Foods-owned Dr. Meat in July 2023. The acquisition of Bonsaro allows Zappfresh to take over the entire operations and business […]
Ankur Capital Secures Commitments from British International Investment and MacArthur Foundation for $150M Third Fund
Ankur Capital, an early-stage venture capital firm, has announced new commitments to its third fund, Ankur Capital Fund III, from two prominent investors: British International Investment (BII) and the John D. and Catherine T. MacArthur Foundation. Both organizations have been existing Limited Partners with Ankur Capital, reaffirming their support by backing this latest venture. These […]
NCLT Greenlights Slice and North East Small Finance Bank Merger
Fintech unicorn Slice has received a significant nod from the National Company Law Tribunal (NCLT) for its merger with North East Small Finance Bank (NESFB). The approval marks a key milestone for the companies, who announced their strategic merger in October 2023. This merger comes on the heels of Slice’s acquisition of a 5% stake […]
FlexiLoans Secures $9 Million Debt Financing from JM Financial Amidst $35 Million Funding Round
FlexiLoans, a prominent fintech lender specializing in collateral-free loans for MSMEs, has successfully raised Rs 75 crore (approximately $9 million) through non-convertible debt from JM Financial. This marks the company’s second debt financing round of the year. According to internal documents reviewed by Entrackr, FlexiLoans’ board has authorized the issuance of 7,500 non-convertible debentures to […]
Defi Beauty: Redefining Authenticity and Inclusivity in the Modern Beauty Landscape
Defi Beauty is revolutionizing the beauty industry with its commitment to authenticity and inclusivity. Founded with the mission to challenge conventional beauty standards, Defi Beauty offers a diverse range of products that celebrate all skin tones and types. Their approach goes beyond mere representation; it embraces the uniqueness of each individual, ensuring everyone finds their […]
Revolutionizing B2B Transportation: The Inspiring Journey of Prateek Darolia and Corrit Electric
In the bustling heart of India’s startup ecosystem, three visionaries embarked on a mission to redefine the electric vehicle industry. Prateek Darolia, along with his co-founders Mayur and Nishan, began their journey post-COVID, driven by a desire to innovate and overcome challenges in the EV market. Their initial creation, a fat-tire leisure scooter named Hover, […]
Syfe Secures $27 Million to Accelerate Expansion and Innovation Across Asia
Singapore-based wealth tech startup Syfe has raised $27 million (Rs 226 crore) in a new funding round led by Valar Ventures and Unbound, with additional participation from two UK family offices. This latest round brings the company’s total funding to $79 million, backed by prominent global investors, including Peter Thiel’s Valar Ventures, Unbound, and partners […]
Piper Serica Backs Six Sense Mobility with Rs 6 Crore Seed Funding
Smart mobility startup Six Sense Mobility has secured Rs 6 crore in a seed funding round led by Piper Serica VC, a Mumbai-based angel investment firm. This latest funding follows an earlier investment from Saurabh Nayyar of Docbel Group. The newly acquired capital will be directed towards expanding the team, enhancing production capabilities, and advancing […]
Beco Secures $10 Million in Pre-Series B Round Led by Tanglin Venture Partners to Fuel Growth and Innovation
Beco, a Mumbai-based eco-friendly brand specializing in home, kitchen, and personal care products, has raised $10 million in its pre-Series B funding round. The round was led by Tanglin Venture Partners and saw participation from notable investors including Titan Capital Winners Fund, Manish Choksi (promoter of Asian Paints), existing investor Rukam Capital, and Synergy Capital. […]
EyeROV Secures $1.2M in Pre-Series A Funding to Expand Global Presence in Marine Robotics
Marine robotics deep-tech startup EyeROV has raised INR 10 Crore (approximately $1.2 million) in a pre-Series A funding round led by Unicorn India Ventures. This infusion of capital will accelerate the company’s global expansion and the development of advanced marine robotics products and solutions. EyeROV, co-founded in 2016 by Johns T Mathai and Kannappa Palaniappan […]
