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KARBAN raises seed round led by All In Capital, Titan Capital and Rainmatter

EntrackrEntrackr · 1y ago
KARBAN raises seed round led by All In Capital, Titan Capital and Rainmatter
Medial

Karban Envirotech, a startup that manufactures energy-efficient electronic appliances, has raised Rs 8.93 crore ($1.07 million) in a seed round led by Titan Capital, Rainmatter and All In Capital. Other investors who participated in the round include Urban Company, JK Family Office and angel investors including Kunal Shah, Anupam Mittal, Bharat Jaisinghiani, Atul Gupta, Abhishek Goyal, Sumer Sethi, Natasha Malpani Oswal, Sarang Iyengar and Karan Jindal. KARBAN will use the funds to fuel its growth, strengthen its team, support innovation and new product development, the company said in a press release. Founded in December 2021 by Karan Bansal and Tanya Goyal, Karban has designed and manufactured a bladeless ceiling fan with in-built air purifier and lights. Its unique design helps reduce electricity consumption, and provide multi-utility of air-flow, air-purification, and lighting for homes, offices, hotels, restaurants, among others. The smart consumer appliances market targeted by Karban in India is pegged at Rs 50,000 crore. It competes with new age companies like Atomberg and established firms such as Havells, Crompton, and Superfan.

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Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round

EntrackrEntrackr · 1y ago
Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round
Medial

Bubble tea brand Boba Bhai, a quick-service restaurant (QSR) brand focused on bubble tea and other food items, has raised Rs 30 crore (around $3.4 Mn) in its Series A round led by 8i Ventures. The round also saw participation from existing backers, including Titan Capital Winners Fund, Global Growth Capital, and DEVC among others. Earlier, the startup raised Rs 12.5 crore in its seed round led by Titan Capital and Global Growth Capital UK. The proceeds will be used to expand to new cities, scale operations, and introduce innovative menu offerings. Founded by Dhruv Kohli, Boba Bhai currently has 42 outlets in nine cities and plans to open over 150 stores by the end of the year. Approximately 70% of orders are generated through its website and platforms like Zomato, Swiggy, and ONDC.

HomeRun raises Rs 60 Cr in Series A led by Sorin Investments

EntrackrEntrackr · 1m ago
HomeRun raises Rs 60 Cr in Series A led by Sorin Investments
Medial

HomeRun raises Rs 60 Cr in Series A led by Sorin Investments HomeRun, an on-demand platform for construction and interior materials, has raised Rs 60 crore (around $6.6 million) in a Series A funding round led by Sorin Investments, which invested Rs 40 crore. The remaining capital came primarily from Titan Capital Winners Fund, along with participation from Sparrow Capital, Consumer Collective by Atrium, and Helios Holdings. The round comes just three months after the Bengaluru-based startup raised Rs 9 crore in a seed funding round co-led by Titan Capital and Sparrow Capital in November last year. The fresh proceeds will be used to expand product categories, strengthen sourcing and supply-chain capabilities, scale dark-store infrastructure, invest in fulfillment technology, and enter new cities. Founded in 2024 by Pukhraj Grewal, HomeRun operates a quick commerce platform focused on construction and home-improvement materials. It delivers products such as cement, plywood, electricals, plumbing supplies, hardware, adhesives, and finishing materials within 60–90 minutes through a hyperlocal dark-store network. HomeRun serves homeowners and contractors, addressing supply disruptions, pricing opacity, and delays in procurement. It competes with traditional retailers and the likes of IBO and Material Depot.

QSR chain Boba Bhai raises $4.3 Mn

EntrackrEntrackr · 14d ago
QSR chain Boba Bhai raises $4.3 Mn
Medial

Quick service restaurant (QSR) chain Boba Bhai has secured $4.3 million (approx. Rs 40 crore) in a funding round from its existing investors 8i Ventures, Titan Capital, Winners Fund, and Global Growth Capital, along with participation from Big Capital and other angel investors. The Bengaluru-based startup had earlier raised Rs 30 crore (around $3.4 million) in its Series A round led by 8i Ventures in January last year and Rs 12.5 crore in a seed funding round led by Titan Capital and Global Growth Capital UK. The proceeds will be deployed to accelerate store expansion, strengthen leadership, and launch new products, Boba Bhai said in a press release. Launched in 2023 by Dhruv Kohli, Boba Bhai specializes in Korean-inspired fusion cuisine and bubble tea. The company operates multiple outlets and cloud kitchens and aims to scale to 300 stores by 2026, offering items like gochujang burgers, K-pop-inspired dishes, and packaged beverages. Boba Bhai offers more than 45 bubble tea flavors, Korean-style burgers, Korean fried chicken, rice/noodle bowls, and fries. It operates with a mix of offline stores and high-volume delivery through Swiggy, Zomato, and Blinkit. The brand said it is growing by about 40–50% month-on-month on quick commerce and intends to be present on all platforms while entering more cities. It aims to cross Rs 100 crore ARR in the next two months. According to Boba Bhai, it reported revenue of Rs 5 crore in FY24, which increased to Rs 30 crore in FY25. The brand claims to currently have 90 outlets across the country, with about 55 outlets offering seating options and the rest acting as delivery hubs.

Tractor Factory raises $500k in pre-seed round led by All In Capital

EntrackrEntrackr · 1y ago
Tractor Factory raises $500k in pre-seed round led by All In Capital
Medial

Tractor Factory raises $500k in pre-seed round led by All In Capital Tractor Factory, an electric tractor technology company, has raised Rs 4 crore (around $500,000) in its pre-seed round led by early-stage investment firm All In Capital. Several marquee investors, including Bharat Founders Fund, Devc, and family offices such as Dhingra Partners Prosperity Trust (associated with the Kirloskar Generators family office), participated in the round. Additionally, angel investors like Samir Sood (Founder of Venture Highway), Abhishek Goyal (Founder of Tracxn), Aayush Phumbra (Founder of Chegg), and Puneet Kumar (from Steadview Capital) also joined the fresh investment. The proceeds will be used to enhance its technology, expand its market reach, and improve customer experience. Founded by Shailesh Tiwari in 2024, Tractor Factory offers an omnichannel marketplace that caters to farmers’ mechanization needs by making buying and selling used tractors more accessible and affordable.

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