Nasher Miles Secures $4 Million in Bridge Round to Fuel Expansion Plans
Nasher Miles, a digital-first luggage brand, has successfully raised $4 million in a bridge round to Series A from prominent investors including Singularity Early Opportunities Fund, Narendra Rathi (SoftBank Vision Fund), Sulabh Arya (Goldman Sachs Growth Equity), and Mohit Goyal (CVC Capital Partners), among others. The Mumbai-based startup, valued at $30 million post-money, previously garnered […]
Thyrocare Expands Northern Reach with Acquisition of Polo Labs’ Pathology Diagnostics Business
Thyrocare, a prominent diagnostic and preventive healthcare service provider, has announced the acquisition of Polo Labs’ pathology diagnostics business. This strategic move aims to enhance Thyrocare’s presence in northern India, aligning with its broader business strategy of expanding diagnostic capabilities across the country. Thyrocare, known for its fully automated diagnostic laboratories, was acquired by API […]
Preity Zinta and Shubman Gill Join as Co-Founders of DRIVE FITT Gym Chain to Revolutionize the Indian Fitness Market
Bollywood actress Preity Zinta and Indian cricketer Shubman Gill have joined as co-founders of DRIVE FITT, a member-based gym facility designed to empower and revolutionize the Indian fitness market. Blending Cricket and Fitness Training Launched by Mark Sellar and Deke Smith, DRIVE FITT combines cricket training facilities with high-tech bowling machines, yoga studios, and comprehensive […]
Acko Acquires HealthTech Company OneCare in All-Cash Deal to Expand Healthcare Services
Insurtech company Acko has announced the acquisition of digital chronic care management company OneCare in an all-cash deal, aiming to reinforce its vision of becoming a comprehensive healthcare provider. This strategic move highlights Acko’s commitment to expanding beyond insurance services to offer a holistic healthcare ecosystem for its customers. The acquisition will see Rakesh Shivran […]
mpact of the Union Budget 2024-25 on India’s New-Age Economy: What Startups and MSMEs Need to Know.
Finance Minister Nirmala Sitharaman tabled the Union Budget 2024-25 on Tuesday, unveiling a series of provisions designed to stimulate the new-age economy. These include measures focused on MSMEs, startups, ease of doing business, FDI, and adjustments to long- and short-term capital gains taxes. Here are the key highlights from the budget that will significantly impact […]
IPO-bound Unimech Aerospace Secures $30 Million in Maiden Funding Round
Bengaluru-based Unimech Aerospace has successfully raised Rs 250 crore ($30 million) from investors including Steadview Capital Mauritius Limited, ValueQuest Scale Fund, and Evolvence India Fund IV Ltd in its first funding round since its inception in 2016. The company achieved this milestone at a post-money valuation of Rs 3,250 crore ($390 million). According to Unimech […]
Captain Fresh Acquires Polish Salmon Producer Koral to Expand Global Reach
Seafood supply chain firm Captain Fresh has announced the acquisition of Koral, a prominent Poland-based producer and distributor of branded salmon products. The deal was finalized with Abris Capital Partners, a private equity investor specializing in ESG transformation, and Boguslaw Kowalski, the founder of Koral. This acquisition is pending approval from the Polish antimonopoly office […]
Pneucons Secures Pre-Series Funding from Ather CEO Tarun Mehta and Others
Pneucons, a B2B industrial marketplace startup, has successfully closed its pre-series investment round, driven by significant social media engagement. The round saw participation from Tarun Mehta, co-founder and CEO of Ather Energy, among other notable investors. The new funding will be allocated towards expanding the team and enhancing cross-border transactions across key engineering categories. These […]
FAAD Capital Invests in Four Agritech Startups Through AgriManch Accelerator
Early-stage venture capital fund FAAD Capital has strategically invested $121,000 in four agritech startups through its AgriManch accelerator program. The startups receiving the pre-seed funding include Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech. Among these, Godaam Innovations had previously raised $180,000 in external funds. Beyond the pre-seed funding, FAAD Capital will provide post-funding […]
Nhance.ai Secures $1.5 Million Seed Funding to Advance Smart Building Solutions
Deepak Nagraj, Founder, nhance.ai Nhance.ai, a startup specializing in smart building solutions, has successfully raised $1.5 million in a seed funding round from high-net-worth individuals (HNIs). This significant investment will drive the company’s product development, talent acquisition, and strategic partnership exploration. The newly acquired funds will expedite Nhance.ai’s expansion efforts and bolster the development of its […]
