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Eight Roads Ventures India announces $250M dedicated healthcare, life sciences fund

Global venture capital firm Eight Roads Ventures backed by Fidelity has announced its first India-focused healthcare and life sciences fund of $250 million. The new fund will back 15 to 20 companies in the space, ranging from smaller investments to cheque sizes of up to $40 million. The fund currently has amassed a portfolio of […]

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Eyewear unicorn Lenskart subsidiary Neso Brands raises over $100M in seed round

Neso Brands, a subsidiary of omnichannel eyewear retailer Lenskart, has raised more than a $100 million in seed round from investors including KKR, SoftBank, Alpha Wave Global, and Temasek. In an official release, Neso Brands said it will partner and invest in consumer eyewear brands around the world and grow these brands by leveraging synergies […]

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BharatX raises $4.5 Mn in seed round from YC, others

Consumer credit venture BharatX has raised $4.5 million in a seed round from Y Combinator, 8i Ventures, Multiply Ventures, Soma Capital and other investors. Existing investor Java Capital also participated in the round. The funds raised will be used to build & expand the team, enhance & develop the product further and for market expansion, […]

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Revoh Innovations raises $150K in seed round

IIT-Madras-incubated electric vehicle sub-component manufacturing startup Revoh Innovations has raised funds $150,000 from angel investors Vel Kanniappan and Ravi Renganathan in a seed round. The proceeds will be used in R&D, manufacturing, and operations based out of IIT-M Research Park and is looking forward to setting up a standalone manufacturing facility. Founded by Vignesh D, […]

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Health and wellness platform FlexifyMe raises seed round

Health and wellness platform FlexifyMe has raised $300,000 in a seed funding round. The round saw participation from prolific investors including Ravi Bhushan, Founder & CEO, BrightChamps, Amit Ratanpal, Founder, Blinc Management, Sachin Anand, Sales Director APJ, Intel, and Dipen Shah, Managing Director, VAG-group, amongst others. The newly raised funds will be used to acquire […]

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Retail tech startup NutriTap raises $1.5 Mn in Pre-Series A

Retail tech startup NutriTap Technologies has raised about $1.5 million in a pre-series A round from Venture Catalysts, LetsVenture, IK Capital, Elysian Fintech and a few marquee HNIs from the retail industry. The capital raised will help the company to ramp up in-house technology, invest in R&D and grow its presence across sectors and cities. […]

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Home construction app Kolo raises $4 Mn led by RTP Global

Kolo, a home content community in India, has raised $4 Million from Global VC firm RTP Global and existing investor Better Capital. The new investment will help fuel the startup’s continued growth, enhance the consumer side product offerings including the content-recommendation engine, the community offering, digital portfolio and tools for the professionals and expand their […]

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Trifecta Capital crosses $400M in total investments across 101 startups

Venture debt fund Trifecta Capital has completed investments of Rs 3,100 crore across 101 startups from across its three funds. This comes in addition to the firm’s commitments of more than Rs 900 crore that will be invested in FY23 across a selection of companies, and another Rs 800-1,000 crore of new investments planned for […]

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BLinC Invest announces final close of Rs 100 Cr BLinC Fund II

Mumbai-based venture capital firm BlinC Invest has on Thursday announced the final close of BLinC Fund II, a SEBI-registered fund, on April 27, 2022. Having received strong interest and commitment from several Indian and global investors, including HNIs, Family Offices, corporates and institutional investors, the fund claims to have been oversubscribed. Additionally, the fund sponsors […]

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FMCG wholesale platform ApnaKlub raises $10M from Tiger Global

FMCG wholesale platform ApnaKlub raises $10M from Tiger Global ApnaKlub, an FMCG wholesale platform for low population density markets, on Thursday announced it has raised $10 million in its Series A round from Tiger Global. This follows the $4 million round they raised from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital and Flourish Ventures in […]

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