Evenflow raises undisclosed Bridge Round, readying for IPO in 2027

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Bengaluru, October 15th, 2024: Evenflow, India’s leading house of brands and the only profitable player in this space globally, has raised an undisclosed amount in a bridge round from serial entrepreneur Shail Patel and some existing investors as a part of its ongoing Series A round of $5 million. The new funds will be used to expand […]

Invest4Edu Appoints Manish Sahijwani as Chief Business Officer

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Mumbai, October 15th 2024: Invest4Edu, India’s leading education planning company, has appointed Manish Sahijwani as its Chief Business Officer – Financial Services. Manish brings with him 20 years of experience in financial planning and wealth management for family offices, institutions, and ultra-high-net-worth individuals. He excels in building teams and launching new products and services. Known for […]

Chiratae Ventures honours Narayana Murthy, Infosys Founder, Adobe Chair and CEO, Shantanu Narayen, and Postman CEO and Founder, Abhinav Asthana with the Patrick J. McGovern Awards

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October 15th, 2024, Bangalore – The 18-year-old global technology venture capital fund, Chiratae Ventures, announced the Chiratae Ventures Patrick J. McGovern Awards for 2024. An annual tradition, this year Chiratae honours Narayana Murthy, Founder of Infosys Limited with the India Lifetime Achievement Award, Shantanu Narayen, Chair and CEO, Adobe with the Global Lifetime Achievement Award […]

From Tech Gadgets to Luxury Fragrances: Sameer Khan’s Entrepreneurial Transformation

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Introduction: In the ever-evolving world of business, few journeys are as diverse and dynamic as that of Sameer Khan. Starting his entrepreneurial path in the electronics sector, Sameer has now ventured into the luxury fragrance industry. With a drive to innovate and a keen sense of market trends, Sameer’s transformation from dealing in tech gadgets […]

Giva Secures ₹255 Crore in Funding Round; A91 and India Quotient Exit with ₹166 Crore Returns.

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Bengaluru, India – Giva, the omnichannel jewelry startup, has successfully raised ₹255 crore in an extended Series B funding round led by prominent investors including Premji Invest, Epiq Capital, and Edelweiss Discover Fund, along with contributions from its senior management team. The funding round comprises ₹89 crore in primary capital, with the remainder being secondary capital. […]

Purplle Raises $180 Million in Series F Funding, Valuation Hits $1.2 Billion

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Purplle, the fast-growing omnichannel beauty platform, has successfully closed its Series F funding round, raising Rs 1,500 crore (approximately $180 million). This latest round was led by a subsidiary of the Abu Dhabi Investment Authority (ADIA), with strong participation from existing investors like Premji Invest and Blume Ventures, who increased their stakes. The round also […]

Sistema.bio Raises $15 Million to Drive Global Expansion of Biogas Technology

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Sistema.bio, a leading biogas technology company, has secured $15 million in a funding round led by ElectriFI, a fund managed by EDFI Management Company. The round also saw participation from existing investors such as Chroma Impact Investment, KawiSafi Ventures, AXA IM Alts, and others. This fresh capital infusion will be used to scale operations globally, […]

Licious Acquires My Chicken and More to Strengthen Omnichannel Strategy

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D2C meat and seafood giant Licious has made a significant move by acquiring Bengaluru-based offline retailer My Chicken and More for an undisclosed sum. This acquisition aligns with Licious’ broader strategy to establish an omnichannel presence that complements its strong digital operations, currently catering to over 4 million households across 25 cities in India. With this deal, […]

Deeptech Robotics Startup Perceptyne Secures $3 Million Seed Funding to Revolutionize Manufacturing Automation

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Perceptyne, an AI-driven deep-tech robotics startup, has raised $3 million in a seed funding round co-led by Endiya Partners and Yali Capital, with additional backing from Whiteboard Capital and prominent angel investors. The funding will accelerate Perceptyne’s efforts in product development, customer acquisition, and scaling operations. Founded by Raviteja Chivukula, Jagga Raju Nadimpalli, and Mrutyunjaya […]