Zomato's investment in Mukunda has come amid the food delivery's announcement to launch a 10-minute delivery service
Large part has been invested by a top infra firm's director; after the round over 75% ownership in iSprout will be with the four co-founders and this investor
The fresh capital is expected to add momentum to Plum's gameplan of further strengthening its omni-channel presence, building new categories and enhancing R&D capabilities
The company said it received the investment with participation from Shashidhar Pai (S3K Ventures), K T Chandy (Partner-EY) and Surabhi Marwah (Partner-EY)
Company employs over 150 people out of its Bengaluru office, and is expected to nearly double the headcount by the end of the year
Prominent individual investors like Morgan Stanley MD Hemant Gupta, CRED founder Kunal Shah, BookMyShow founder Ashish Hemrajani joined the funding round
It has been estimated that fake news is costing the global economy around $78 billion every year and Logically is addressing that problem.
Tradeworks.vc, Motion Ventures and Eternia Investments also participated in the funding round.
Accel leads the financing round along with Norwest Venture Partners and Avataar Ventures
Funding in the omnichannel jewellery retailer was led by Sunil Kant Munjal, Chairman, Hero Enterprise
Having set up 20 such EV charging points across 1,000 km on some national highways, the firm is now looking to cover over 10,000 km in the country
Delay in quick commerce company's fundraise due to choppy public markets
With this latest round of funding, Kuku FM has secured a total of $25 million since its inception in 2018
India's Loco has raised $42 million led by South Korea's early-stage venture fund, Hashed, as a gaming frenzy takes hold in the country of nearly 1.4 billion people
Jiffy's Series B was led by Eight Roads with participation from existing investor, Nexus Venture Partners, among others
Gamerji currently serves 2.3 mn gamers, has held over 29,000 tournaments; Since Dec 2020 seed round, it has increased user base by 3x and holds 200 tournaments a day for 15 titles
Capital India and Saudi venture capital firm STV led a $54 million funding round for Tabby, the Middle East's largest buy-now, pay-later provider, as demand fintech solutions booms.
The platform helps over one million professionals across 160,000 companies automate their sales processes
UAE-based firm NB Ventures leads investment; The startup will use the capital to bolster its team, roll out new product features, and scale up customer acquisition initiatives
In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group