Chelvies Coffee Secures $1 Million Funding to Expand High-Street Coffee and Dining Experience Across India.
Chelvies Coffee, a speciality coffee and dining brand, has raised $1 million in a pre-Series A funding round led by Endurance Capital. The company also announced an additional $500,000 in debt financing currently underway. The funds will be used to establish over 30 high-street locations across major Indian metropolitan cities by 2026, enhance supply chain […]
Vervotech Makes Key Changes in Leadership Amidst Strategic Business Restructuring. Anurag Mittal Takes the Role of Chief Commercial Officer
January 24, 2025, Pune, India, Vervotech, a global technology brand in accommodation data management, announced a strategic business restructuring to promote growth, grow clientele, and increase employee size in due course. Mr. Anurag Mittal, formerly the Chief Marketing Officer (CMO), was elevated to Chief Commercial Officer (CCO). In his new role, Mr. Mittal will spearhead Vervotech’s […]
AI procurement platform ProcureYard turns profitable & raises $1.72 million in seed round led by Powerhouse Ventures
Round led by Powerhouse Ventures with participation from Java Capital, 2am VC, Abhishek Goyal, Co founder Tracxn and Rajesh Sawhney, Founder, GSF Company has achieved an ARR of Rs. 300 crore and has turned profitable within 18 months of operations The Company aims to clock Rs. 3,000 crore in ARR in the next 12 – […]
Cox & Kings Appoints Suresh Victor as Senior Vice President – Technology Vertical
Delhi, India, 24 January 2025 – Cox & Kings, a global leader in travel and tourism industry, has announced the appointment of Suresh Victor as Senior Vice President, heading its Technology vertical. With extensive experience in product development and digital transformation, Victor is set to lead the charge in advancing the company’s technological initiatives and enhancing its global […]
Urja Mobility Launches B2C Battery Leasing Program Across 10 Cities
New Delhi, January 2025: Urja Mobility, a leading player in electric vehicle (EV) solutions, has announced the rollout of its B2C battery leasing program, targeting e-rickshaw drivers in ten strategically chosen cities. This initiative aims to address the financial challenges associated with battery ownership by converting high upfront costs into affordable monthly payments. The program introduces […]
Postudio Raises $1 Million in Pre-Seed Funding to Scale Cloud-Based Post-Production Software
Postudio, a cutting-edge cloud-based post-production software company, has secured $1 million in a pre-seed funding round led by Audacity Venture Capital. The fresh capital will help the company scale its operations in the Indian enterprise market, further develop AI-based product features, and prepare for its U.S. market launch in the second half of 2025. Founded […]
Deconstruct Secures Rs 65 Crore to Drive Skincare Innovation and Expansion
D2C skincare brand Deconstruct has raised Rs 65 crore ($7.7 million) in a funding round led by L’Oréal’s VC fund BOLD, V3 Ventures, and DSG Consumer Partners, with continued support from existing investors Kalaari Capital and Beenext. This marks a significant milestone for the brand, which previously raised $2 million in its seed round in August 2022 […]
Ati Motors Secures $20 Million Series B Funding to Bolster Global Expansion.
Industrial robotics company Ati Motors has raised $20 million in its Series B funding round, led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP), with participation from existing investors including True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures. This latest funding builds on previous rounds, including $10.85 million in a Series A led by True Ventures in July 2023, and […]
Hindustan Unilever Acquires Skincare Brand Minimalist in a Landmark Rs 2,955 Crore Deal
In a significant move in the direct-to-consumer (D2C) segment, Hindustan Unilever Limited (HUL), a leading fast-moving consumer goods (FMCG) company, has announced the acquisition of homegrown skincare brand Minimalist. The deal values Minimalist at a pre-money valuation of Rs 2,955 crore (approximately $350 million). HUL’s board has approved a share purchase agreement for acquiring 90.5% […]
PharmEasy Co-Founders Step Back Amid Strategic Transition, Eye New Ventures
Online pharmacy giant PharmEasy is undergoing a significant leadership transition as three of its co-founders—Dharmil Sheth, Dhaval Shah, and Hardik Dedhia—have decided to step back from their active roles in the Bengaluru-based company. The fourth co-founder, Siddharth Shah, will continue to lead the company and oversee its operations. In a statement, PharmEasy clarified that while […]
