The funding comes as the mass-premium shapewear brand crosses Rs 150 crore in ARR and turns EBITDA positive within eight months of launch.
The pre-seed round marks Saggi’s return to consumer startups after her exit from Good Glamm Group and will be used to build a design- and R&D-led appliances portfolio spanning home, kitchen and personal care.
Angel deal activity fell sharply in the second half of the year as higher entry thresholds and compliance changes have reduced participation and reshaped how early-stage rounds are getting done, stakeholders told Moneycontrol
Fresh capital will be used to deepen R&D, expand product innovation and build offline and omnichannel distribution capabilities, co-founder Nikita Khanna told Moneycontrol.
In an interview with Moneycontrol, SoftBank's Sumer Juneja said the Japanese investment giant is confident of deploying capital in India, even through smaller, sharper bets.
In an interview with Moneycontrol, Juneja said while competing with public markets may not be ideal for big funds, the rush of liquidity is phenomenal for the Indian startup ecosystem.
The Bengaluru-based chain plans to deploy the fresh capital to deepen its physical footprint, add at-home veterinary services and strengthen its leadership and technology stack, co-founder Udit Gadkary told Moneycontrol.
Centre Court Capital focuses on seed-to-Series A startups across sports, fitness wellness and social gaming, with initial ticket sizes ranging from Rs 8 crore to Rs 24 crore
Moneycontrol was the first to report in July that Nexus was preparing to raise a $700 million fund.
The institutional funds backing Temple are the same ones who invested in Zomato during its early days. From Steadview to Vy Capital and Info Edge to Peak XV Partners, all the funds have been associated with Goyal during the early days of Zomato. Temple is being valued at around $125 million, sources told Moneycontrol.
Many real estate firms have started to offer financing options for foreign properties, which is not permitted under FEMA rules, say experts
The space tech firm eyes reusable small-sat launch vehicle push
Backing 32 startups across India and the US, the firm said that the fund generated $2.7 billion in enterprise value and attracted $900 million in follow-on capital.
Tightened ownership, attractive valuations, and a need to project long-term conviction are prompting more founders to invest personal capital into their startups, per several founders and investors Moneycontrol spoke with.
Novastar, a fund of funds, is registered as a CAT II alternative investment fund and is targeting the first close over the next four to six months
The industry coalition, IDTA, was launched in September at SEMICON India with $1 billion in initial capital commitments to back early-stage Indian deeptech companies across AI, semiconductors, space, robotics, biotech, energy, and advanced manufacturing.
MoEngage plans to use the fresh capital to accelerate innovation in AI marketing agents, scale product development, and strengthen go-to-market efforts in key regions, particularly North America.
The fundraise comes at a time when venture capital firms have been on a fundraising spree, Moneycontrol had reported earlier.
This is Snabbit’s third fundraise in nine months, taking its total capital raised to $55 million. Snabbit currently operates in five cities — including Mumbai, Bengaluru and Gurugram — and plans to expand to the top 10 metros within the next two quarters.
The Bengaluru-based VC firm has already begun deploying capital from the fund, with investments in Mave Health and Confido (healthtech), Lucira and Ozi (consumer), PowerUp Money (fintech), and iDO (deeptech).
Tighter IPO scrutiny and a maturing startup ecosystem are driving private funds to coordinate early with bankers on pricing and liquidity, according to Sandeep Sinha, Co-founder at Oister Global, an alternative-asset manager.
Z47 sees new wave of tech-enabled lending, digital-first cards, and AI-driven financial services shaping the next phase of fintech innovation.
The deal comes amid continued investor interest in India’s wealthtech segment, which has been one of the more active fintech verticals since last year
With the fresh funding, the enterprise AI platform plans to expand globally, deepen product integrations, and accelerate platform development as it positions itself as the ‘operating system’ for AI-native enterprises.
The investments come through a secondary share purchase ahead of Lenskart’s SEBI-approved IPO, which includes a Rs 2,150-crore fresh issue and an offer for sale by existing shareholders.