B2b

With this, Info Edge has joined Udaan's cap table. The deal follows a recent $114-million fundraise led by M&G and Lightspeed

Former Oura CEO Harpreet Singh Rai joins Loop Health to lead healthcare business

The move marks a return to full-time startup operations for Rai, who left Oura in 2021. Rai will oversee product, telehealth, diagnostics, and clinical services as Loop deepens its healthcare focus

Exclusive: OfBusiness to pick up stake in Bengaluru-based apparel exporter Indian Designs in fifth deal ahead of IPO

The deal, which is still in process, is expected to strengthen OfBusiness’s presence in the apparel manufacturing space ahead of its planned $1 billion IPO. The investment follows the company’s recent acquisition of Kerala-based Elixir Extracts.

Udaan raises $114 million in extended Series G round led by M&G and Lightspeed

Udaan said the fresh capital will be used to deepen its presence in fast-moving consumer goods (FMCG) and the HoReCa (Hotel, Restaurant, and Catering) segment, expand its private label brands in staples, and strengthen its balance sheet ahead of a potential public listing.

Bizongo faces scrutiny after auditors flag potential fraud

The auditors have raise concerns over possible financial discrepancies, prompting Bizongo to launch an internal investigation via existing consultant PwC while dealing with leadership changes and escalating lender disputes.

B2B sourcing platform Geniemode raises over $50 million led by Multiples Alternate

The round, which included a secondary component, also saw participation from Nandan Nilekani's venture capital firm Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.

B2B e-commerce firm Udaan raises $75 million in funding from M&G, Lightspeed

Founder and CEO Vaibhav Gupta, during a townhall on February 17, said that the company is in advanced discussion to close an additional $25 million in equity funding over the next quarter

Solv to merge with Jumbotail as the B2B space consolidates

Through the deal, Jumbotail, largely seen as a vertical B2B company, will look to strengthen its horizontal play. A final deal announcement is expected in the coming weeks, sources told Moneycontrol.

BigBasket forays into enterprise SaaS business with supply-chain management platform

The firm is piloting its software solution with several players across ecommerce, omni-channel commerce and other customers

Rocketlane raises $24 million funding led by 8VC, Matrix Partners India and Nexus Venture Partners

The firm has said that it tripled its revenue over the past year, reaching over 500 customers in 2023.

Ethereal Machines raises $13 million led by Peak XV Partners, Steadview Capital

The firm plans to use the funds to set a smart factory adjacent to the upcoming Foxconn facility in Karnataka and to hire software and AI engineers

ProcMart raises $30 million led by Nandan Nilekani's Fundamentum and Edelweiss Discovery Fund

The firm will utilise the funding towards geographical expansion, venturing into manufacturing of biofuels, entering the packaging segment as well as to strengthen its existing technology

B2B platform udaan sees sale of 2.25 billion products in 2023; 900 sellers achieved sales worth Rs 1 crore each

As many as 31 million electronics products, nearly 30 million products each in lifestyle and general merchandise category, 10 lakh tonnes of essentials, and 2 lakh tonnes of FMCG (fast-moving consumer goods) products were sold through the platform, udaan said in a statement.

Financing platform Velocity launches Rs 300 crore debt fund to back B2B SaaS firms

Velocity plans to double its e-commerce disbursements to Rs 800 crore and allocate an additional Rs 500 crore to new sectors including B2B SaaS.

E-way bill generation without B2B e-invoice details to be blocked from March 1

New Delhi, Jan 6 Businesses with turnover above Rs 5 crore will not be able to generate e-way bill without including e-invoice details for all B2B ..

Sales growth in SME segment driven by capex, B2B companies: Jefferies

In the same quarter, a “strong” profit-after-tax (PAT) growth—of over 44 percent YoY--was seen thanks to margin expansion

Edtech soonicorn Brightchamps gives India business a makeover; acquires 90% of learners via schools

The company, which was founded in 2020, ran a platform to teach co-curricular skills to kids aged 6-16 in India until the beginning of 2023. This B2C model now only makes up for 10 percent of its India revenue.

Udaan saw revenue fall by over 40% in FY23; losses narrow by 20%

In FY23, Udaan’s expenses totaled to Rs 7,775 crore, which was about 40 percent lower than roughly Rs 13,000 crore in FY22

DealShare to layoff 130 employees as it decides to shut B2B unit

The B2B division, while smaller than the B2C unit, still accounted for about 20-25 percent of DealShare’s revenue.

Pentathlon Ventures launches Rs 450 crore fund II, to invest in B2B SaaS startups

Within the SaaS ecosystem, Pentathlon Ventures plans to support solutions across Enterprise Digital Transformation, E-commerce Enablement, Fintech, Vertical SaaS, Applied AI, Sustainable Tech, and HealthTech.

SMEs can do better with these B2B go-to-market strategies

Identifying the right target market is the first step in any successful GTM strategy.

Bengaluru's Peenya industrial region is now a hotbed for manufacturing startups

Bengaluru, which is home to about 160-200 manufacturing startups, has seen more than 20 of them mushroom in the industrial region of Peenya, with many others poised to shift here.

Leveraging influencer marketing for business growth

By identifying influential individuals who resonate with their target audience, SMEs can leverage their reach, credibility, and content creation abilities to drive business growth.

Reliance Consumer Products, udaan partner for pan-India distribution of Campa beverages

Reliance Consumer Products Ltd range of Campa beverages will be initially available in over 50,000 retailers and kirana stores, which will gradually expand to over 1 lakh retailers and kirana stores in the next two months

India presents a $125 bn GMV opportunity to B2B marketplaces in next five years: Report

Avendus projects that by 2027, India would have more than 20 unicorns in the B2B marketplaces segment, up from 7 currently, with more than 5 of the companies getting publicly listed