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ChrysCapital invests $50M in WOW Skin Science for minority stake

Personal care brand WOW Skin Science has stated that ChrysCapital, an India-focused private equity firm, will be investing $50 million in the company for a significant minority stake.  The transaction is a combination of a primary raise for growth initiatives and a secondary sale by existing shareholders.  Established in 2014 by brothers Manish and Karan […]

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Superpro.ai funding

Superpro.ai, a Bengaluru-based video communication workflows platform, on Thursday, said that it has raised $300,000 as part of its Seed round led by IvyCap Ventures Angel Fund.   The funding round also witnessed the participation of ah! Ventures, Penthalon Ventures, and Superpro.ai’s existing investor SOSV. Additionally, angel investors including Piyush Prahladka (ex-Google, ex-Uber), Gopi Vikranth (Associate […]

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OfBusiness funding

Tech-enabled B2B platform OfBusiness has raised $110 million in funding led by Falcon Edge Capital. The round also had participation from existing investors Matrix Partners India, Norwest Venture Partners, and Creation Investments. It also witnessed 73 employees and 12 angel investors sell stock worth $13 million.  OfBusiness Co-founder and CEO Asish Mohapatra said, “These angels […]

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Kudos funding

Digital lending startup Kudos freshly raised an undisclosed amount in pre-Series A funding from marquee fintech founders and super angels to get the best minds in the country to help develop its full vision of facilitating digital lending to reach millions of Indians across segments and geographies. The group of investors includes Patanjali Somayaji of […]

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Avanti Finance funding

Avanti Finance, Tech-led NBFC focused on financial inclusion, on Wednesday announced it raised $26 million (Rs 195 crore) in Series A and debt from Nomura, Oikocredit, and the Bill and Melinda Gates Foundation. Technopreneur-cum-philanthropist Pratul Shroff and existing investor NRJN Trust also participated in the round.  According to a statement, Avanti plans to utilize the […]

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Groww funding

Online trading platform Groww on Wednesday announced it had raised $83 million in a series D round, taking the fast-growing startup at a valuation of over $1 billion, making it the fourth entrant to India’s unicorn club this week.  Tiger Global led the round, and existing investors such as Sequoia India, Ribbit Capital, YC Continuity, […]

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Rage Coffee funding

New Delhi-based Rage Coffee raised an undisclosed amount of growth capital as part of its pre-Series A funding round from a clutch of investors led by Refex Capital.  According to the official statement, the round also had participation from other marquee investors, including Emarson Computers, Spotlight Capital, Evolvx Advisory, CC One Venture Labs, 9 Unicorns […]

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Fantasy Akhada funding

Gurugram-based fantasy sports platform Fantasy Akhada on Wednesday announced it has raised Rs 5 crore in equity funding from Prime Securities Limited.  With the new investment round, Fantasy Akhada has raised nearly $1 million in funding to date.  Fantasy Akhada’s funding comes right before the 2021 Indian Premier League (IPL) after it was held in […]

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ShopSe funding

Mumbai-based fintech startup ShopSe on Wednesday announced that it has secured about Rs 40 crore ($5.5 million) in a funding round led by Chiratae Ventures and BEENEXT. The round also saw participation from Opus, Pentathlon Ventures, and existing angel investor Abhishant Pant of Yatra Angel Network.  The freshly raised funds will allow ShopSe to hire […]

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Waaree Energy Storage System funding

High-tech energy storage division of WAAREE Group — Waaree Energy Storage System (WESS) — on Wednesday announced it has raised $2 million in seed funding from an HNI investor.  According to a statement, the startup plans to utilize the freshly raised capital to fuel the development of its manufacturing capabilities and support product development with […]

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