Ather Energy Secures $34.5 Million in New Funding Round, Co-Founders Invest $10 Million
Bengaluru-based electric scooter manufacturer Ather Energy has successfully raised Rs 286 crore, equivalent to $34.5 million, through a combination of debt and equity financing. This marks the company’s first funding round of the year. Stride Ventures played a significant role by investing Rs 200 crore through debentures. Simultaneously, co-founders Tarun Sanjay Mehta and Swapnil Babanlal […]
Country Delight Secures $9 Million in Latest Funding Round.
Dairy brand Country Delight has successfully raised Rs 76 crore ($9 million) through a mix of debt and equity from Alteria Capital. This marks the second funding round for the Gurugram-based company this year. The board of Country Delight has approved a special resolution to issue 70,000 debentures at an issue price of Rs 1,00,000 […]
TechnoSport Secures $21 Million Investment from A91 Partners.
Performance wear brand TechnoSport has successfully raised Rs 175 crore ($21 million) from A91 Partners in its first external fundraiser. This strategic investment marks a significant milestone for the 17-year-old company, providing it with the resources to enhance its market position further. With the infusion of fresh capital, TechnoSport plans to bolster its manufacturing capabilities, […]
Mastering the Markets: Meet the 30 Leading Heads of Equity Research.
Driving sustainable growth in the Indian financial landscape are visionary leaders of equity research who navigate market challenges and shape the future of equity research. Rahul Singh (Chief Investment Officer – Equities, Tata Mutual Fund): With an exceptional academic pedigree including a bachelor’s from IIT-Bombay and a Master’s in Finance from IIM-Lucknow, Rahul Singh boasts […]
Fyllo Raises $4M, Spearheaded by India Quotient and SIDBI Ventures.
Agritech startup Fyllo has secured $4 million in a recent funding round, with India Quotient and SIDBI Ventures taking the lead. Triveni Trusts, IAN, and KIAORA, existing investors, also contributed to this round. The capital infusion aims to fuel Fyllo’s expansion into new territories and crops, as well as the enhancement of its precision agriculture […]
Logistiex Secures $250K in Bridge Round Funding: Expands Tech Team and Enhances Product Development.
New-age e-commerce startup Logistiex has raised $250,000 in its bridge round led by PACE Family Office, with contributions from notable angel investors, including Siddhant Khemka. The proceeds will be used to further enhance product development and expand the tech team, Logistiex said in a press release. In July of last year, the startup had raised […]
RPSG Capital Ventures Secures Rs 550 Crore for Fund II: A Boost for Consumer Ventures.
Early-stage consumer venture capital fund, RPSG Capital Ventures, has announced the close of its latest Fund II, securing Rs 550 crore. The investor base for this fund is largely domestic, including family offices, high-net-worth individuals, and industry veterans from the consumer sector. Along with repeat investors from its previous funds, the RPSG group itself has […]
Wealthy Secures Rs 45 Crore in Funding Round Led by Alpha Wave.
Wealth management platform Wealthy has secured Rs 45 crore ($5.4 million) in a new funding round led by Falcon Edge’s Alpha Wave Incubation Fund. This marks the first investment round for the Bengaluru-based company in 2024. According to regulatory filings accessed from the Registrar of Companies (RoC), Wealthy’s board has approved a special resolution to […]
Libas Raises $18 Million in Maiden External Round from ICICI Venture’s Fund.
Fast fashion omnichannel ethnic wear brand Libas has secured Rs 150 crore ($18 million) in its first external funding round from IAF Series 5, a fund managed by ICICI Venture. This marks a significant milestone for the decade-old company. With the new funds, Libas plans to enhance its omnichannel presence and expand its exclusive brand […]
From Calcutta to Kazakhstan: How Sameer Gandotra’s Vision is Revolutionizing Rural Retail with Frendy.
Interviewed by Ramesh Chandra In an exclusive interview, Sameer Gandotra, the founder of Frendy, shares his remarkable journey from Calcutta to Kazakhstan and his insights into creating a unique retail experience that caters to the often-overlooked consumers in rural India. With a strategic focus on ‘value luxury,’ Gandotra emphasizes the importance of consumer trust and […]
