Kenro Capital: A New Investment Firm Focused on Secondary Transactions.
Piyush Gupta, the former Managing Director of Peak XV Partners (formerly Sequoia Capital), has launched a new investment firm, Kenro Capital. The firm will specialize in secondary transactions—an area of investment where shares are exchanged between investors at a mutually agreed price, without the infusion of new capital or the issuance of additional shares. The […]
Stellaris Venture Partners Raises $300 Million for Third India-Focused Fund to Back Emerging Startups.
Stellaris Venture Partners, a prominent venture capital firm, has successfully closed its third India-dedicated fund, securing $300 million to continue its investment in early-stage startups. This new fund increases Stellaris’ total assets under management (AUM) to over $600 million, reinforcing the firm’s position as a significant player in India’s venture capital space. The third fund […]
Ladies Who Lead Raises $1 Million to Empower Women Leaders Across India
Ladies Who Lead (LWL), a members-only platform focused on empowering women professionals and leaders, has successfully raised $1 million in a pre-Series A funding round. The round was led by Rainmatter, the investment firm founded by Nithin Kamath, along with participation from the Family Office of Jayant Davar. The funds will be used to scale […]
Nykaa Acquires Majority Stake in Clean Beauty Brand Earth Rhythm to Accelerate Growth and Innovation
Omnichannel beauty platform Nykaa has strengthened its position in the clean beauty sector by acquiring a majority stake in the homegrown brand Earth Rhythm. This strategic move follows Nykaa’s initial investment in Earth Rhythm, where it secured a minority stake in 2022. The acquisition, involving both primary and secondary transactions, now sees Nykaa owning a […]
ParkMate Raises $1.2 Million to Accelerate Growth and Expand Smart Parking Solutions
ParkMate, a leading provider of smart car parking solutions, has secured $1.2 million in its latest funding round, led by early growth-stage venture fund Cactus Partners. This round also saw participation from existing investors, including Venture Catalysts and the Marwah Group Family Office. The company plans to use the funds to accelerate its growth trajectory, […]
ALT Mobility Secures $10 Million in Series A Funding to Accelerate EV Leasing and Asset Management Expansion
ALT Mobility, a leading commercial electric vehicle (EV) leasing and asset management company, has successfully raised $10 million in a Series A funding round. The round was led by European venture capital firm Eurazeo, with participation from existing investors Shell Ventures, Twynam Earth Fund, and EV2 Ventures. This funding comes on the heels of the […]
Indore-Based Candytoy Corporate Raises Rs 110 Crore in Series A to Scale Global Operations
Indore-based Candytoy Corporate (CTC), a leading manufacturer of plastic promotional toys and confectionery, has successfully raised Rs 110 crore (approximately $13.22 million) in its Series A funding round. The investment was led by a group of prominent domestic investors, including Abakkus Asset Managers, Girik Capital, Param Capital Research, Sixth Sense Ventures, and Viney Equity Market. […]
ShopDeck Secures $8 Million to Enhance AI-Powered E-Commerce Solutions for SMBs
ShopDeck, a direct-to-customer (D2C) e-commerce solutions provider, has raised $8 million in a recent funding round led by Bessemer Venture Partners. The round also saw participation from Elevation Capital, Venture Highway (which was acquired by General Catalyst), and Chiratae Ventures. This latest funding will help ShopDeck scale its AI-powered technology stack, expand operations in tier-II […]
AI Academy India 2024: Empowering Early-Stage Startups with AI Innovation
IIMA Ventures, formerly known as IIMA-CIIE, has partnered with Google for Startups to launch its first cohort of the AI Academy India 2024. This transformative program is designed to help early-stage startups leverage the power of Artificial Intelligence (AI) to tackle global challenges across a wide range of sectors, including healthcare, climate change, agriculture, education, financial […]
True Diamond Secures $1 Million in Seed Funding to Redefine Sustainable Luxury in Jewellery
Mumbai-based lab-grown diamond jewellery startup True Diamond has raised $1 million in a seed funding round led by Titan Capital, with participation from Huddle Ventures, Zeropearl Ventures, and angel investors including Ashutosh Valani, Priyank Shah, Aashka Goradia Goble, Mamaearth founder Ghazal Alagh, Abhishek Goyal, and Anmol Jain. The company plans to leverage this funding to bolster its operations and expand its presence in India. The funds […]
