Reelo Secures $1 Million Investment Led by Gokul Rajaram to Accelerate Growth.
Reelo, a pioneer in customer loyalty and marketing automation solutions for restaurants and retail businesses, has announced a significant milestone with a $1 million round of financing. The investment, led by Gokul Rajaram, a renowned investor and board member at Pinterest and Coinbase, will propel Reelo’s mission to bring cutting-edge data analytics and AI marketing […]
Driving Impact: 25 Corporate CSR Leaders Transforming Communities.
In Corporate Social Responsibility (CSR), several remarkable individuals stand out for their expertise, dedication, and contributions to societal development. Here are some of the notable figures making waves in the corporate social responsibility arena: Pragnya Ram (Group Executive President; Group Head – CSR, Legacy Documentation & Archives, Aditya Birla Group): With 47 years of corporate […]
Charge Zone Secures $19 Million Investment to Expand EV Charging Network.
Electric vehicle (EV) charging infrastructure startup Charge Zone has secured a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI), and impact investor. Charge Zone, based in Vadodara, has been rapidly expanding its network, having previously raised $54 million in its Series A1 funding round led by BlueOrchard Finance in […]
PharmEasy Secures $216 Million Funding Led by MEMG, Facing Valuation Adjustment.
API Holdings, the parent company of online pharmacy PharmEasy, recently closed a funding round of Rs 1,804 crore ($216 million), with Ranjan Pai’s Manipal Education and Medical Group (MEMG) leading the investment. However, this funding round has brought about a significant adjustment in PharmEasy’s valuation, marking a 90% decrease from its peak value. According to […]
BankBazaar Secures Rs 130 Crore in Combined Equity and Debt Funding.
BankBazaar, the popular online marketplace for financial products, has successfully raised Rs 130 crore ($15.6 million) in a recent funding round comprising equity and debt financing. This marks the firm’s first investment round in 2024. The company secured Rs 80 crore through private placement in its ongoing Series D round. The board at BankBazaar passed […]
CheQ Secures $4.5 Million in Funding for Expansion.
Bengaluru-based B2C credit management platform CheQ has recently secured $4.5 million (Rs 35 crore) in an extended seed round from a mix of new and existing investors. The funding, after an 18-month gap, underscores investors’ confidence in CheQ’s growth potential. According to regulatory filings accessed from the Registrar of Companies (RoC), the company issued 12,952 […]
Lyskraft, Co-founded by Mohit Gupta and Mukesh Bansal, Secures $26 Million in Seed Funding.
Omnichannel fashion startup Lyskraft, co-founded by Mohit Gupta, the co-founder of Zomato, and Mukesh Bansal, co-founder of Myntra and Cultfit, has successfully raised $26 million in a seed funding round. According to a press release by the company, Peak XV Partners spearheaded the funding round, which also included significant contributions from Prosus, Sofina, and partners […]
LetsTransport Raises $22 Million in Series E Funding Round Led by Bertelsmann.
LetsTransport, a leading trucking aggregator for enterprises, has secured $22 million in its Series E funding round, which Bertelsmann India Investments led. Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital, and other investors participated in the round. This latest funding follows the company’s $25 million raise in July last year, bringing the total […]
Fueling Health and Sustainability: The Zukoo Journey.
Discover the inspiring journey of Zukoo, a brand revolutionizing the cooking oil industry. Founded by Prasanth Rajendran, Zukoo aims to address the fundamental need for healthier, sustainable cooking oil options. With a background in global automotive conglomerates, Prasanth saw an opportunity to tackle the growing health concerns related to cooking oils. Zukoo’s focus on cold-pressed […]
Capria Ventures Completes $19M India Opportunity Fund.
Venture capital firm Capria Ventures has successfully closed its India Opportunity Fund, raising Rs 153 crore ($19 million) in funding. This milestone follows a full-cash exit from its portfolio company, Awign. Based in the US, Capria Ventures initially announced a first close at Rs 75 crore in February 2023 under the name Unitus Ventures. Later, […]
