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Alpino ropes in Shilpa Shetty as investor, Venttup bags early-stage funding

VCCircle

VCCircle · 10m ago

Alpino ropes in Shilpa Shetty as investor, Venttup bags early-stage funding

Healthy foods brand Alpino has raised $1.2 million in its first funding round, with Bollywood actor Shilpa Shetty joining as an investor and brand ambassador. The funds will be used to expand Alpino's offline presence, drive international growth, and support product innovation. Alpino, which is already a top seller on e-commerce platforms in India, aims to become a Rs 500-crore ($67 million) brand within the next two years. In another development, Manufacturing as a Service (MaaS) startup Venttup has raised undisclosed seed funding from Unicorn India Ventures to fuel business growth and technology development. Venttup offers localized production and plans to enter international markets.

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D2C Health Foods Brand Alpino Ropes In Shilpa Shetty As Investor

Inc42 · 10m ago

Bengaluru-based health foods brand Alpino raised $1.2 million in its first funding round, led by actress Shilpa Shetty. The investment will be used to expand the brand's offline presence and international reach. Shetty has also become the brand ambassador for Alpino. The company aims to launch 20 new products in the next two years and reported a revenue of INR 73 crore in FY23. Alpino targets a revenue milestone of INR 500 crore within the next two years.

Startup news and updates: Daily roundup (September 16, 2024)

YourStory

YourStory · 10m ago

Startup news and updates: Daily roundup (September 16, 2024)

Venttup, a startup focused on Indigenisation Program Management, has raised seed funding from Unicorn India Ventures. The capital will be used to accelerate business growth and technology development. Venttup aims to unite manufacturing MSMEs on a single digital platform to transform India into a global manufacturing hub. Alpino, a healthy foods brand, has welcomed Bollywood actress Shilpa Shetty as its brand ambassador and key investor. The company raised $1.2 million in funding and plans to launch over 20 new products in the next two years. IIMA Ventures has launched Growth Accelerator 2.0 to support 15 SMEs and family businesses for strategic growth and innovation. Deepika Padukone, the renowned actress, has joined KRAFTON India as the brand ambassador for BGMI (BATTLEGROUNDS MOBILE INDIA). She will be featured as a playable character in the game.

Neha Dhupia Backs D2C Dinnerware Brand BlackCarrot

Inc42 · 1y ago

Bollywood actor Neha Dhupia has acquired an equity stake in D2C dinnerware brand BlackCarrot. She has also been appointed as a brand ambassador for the startup. The father-son duo founders of BlackCarrot, Yadupati and Vishal Gupta, offer a range of health-conscious dinnerware products. The startup claims to have over 71 products currently and is yet to receive external funding. Dhupia's investment in BlackCarrot follows a trend of Bollywood actors investing in Indian startups, joining the likes of Ranveer Singh, Suniel Shetty, Shilpa Shetty Kundra, and Sanjay Dutt.

A start-up that has a Shark Tank and Shilpa Shetty connection

Business Today

Business Today · 1y ago

A start-up that has a Shark Tank and Shilpa Shetty connection

Shilpa Shetty is a celebrity synonymous with fitness and healthy lifestyle. So, it didn’t come as a surprise when, a couple of months back, she chose to invest – and also become a brand ambassador -- in WickedGud, a start-up that was also featured in the grand finale episode of the second season of the hugely-popular Shark Tank show.

Plotch.ai raised Pre-Seed funding led by Antler India

Startup News FYI

Startup News FYI · 1y ago

Plotch.ai raised Pre-Seed funding led by Antler India

Plotch AI, the rails infrastructure startup for the ONDC, has raised pre-seed funding with Antler India as the lead investor, as reported on July 26, 2023. The investment will likely support Plotch AI in its early-stage development and growth.

Startup Incubator T9L QUBE Ropes In Virender Sehwag As Investor

Inc42 · 10m ago

Startup Incubator T9L QUBE Ropes In Virender Sehwag As Investor

Indian cricketer Virender Sehwag has invested in the fintech startup Getepay for the second time this year. Although the funding amount has not been disclosed, Getepay plans to use the capital to support early-stage startups in their business growth. This recent investment follows Sehwag's previous undisclosed funding in the Jaipur-based company, which aims to expand its payment and digital services to 2.5 million merchants by 2025.

Warming deal street hints a funding spring is near

Livemint

Livemint · 1y ago

Warming deal street hints a funding spring is near

Indian startups are observing an accelerated pace of funding, marking the end of a sluggish funding period. While early-stage funding continued in the past two years, growth-stage funding was significantly slow. However, Series A and B rounds, as well as subsequent funding rounds, have begun to warm up. This resurgence in investor interest is attributed to companies rebounding from the COVID-19 economic impact and demonstrating profitability. Notably, funding activity in January doubled in February, and investors expect the trend to continue in the coming months.

Venttup raises seed funding from Unicorn India Venture

Entrackr

Entrackr · 10m ago

Venttup raises seed funding from Unicorn India Venture

Venttup, a pioneering Industries 5.0 startup focused on building a global network of scalable engineering and capacities with India at its epicentre, has raised seed funding from Unicorn India Ventures. The funds will be used for accelerating business growth and technology development for Indigenisation Program Management, Venttup said in a press release. Founded by Sandeep Nair, M. Wasim Ankli, and Joseph Panakkal, Venttup aims to revolutionize the manufacturing landscape by uniting millions of manufacturing MSMEs on a single digital platform. By equipping these businesses with a supply chain, Venttup boosts operational efficiency. Venttup assists large enterprises in outsourcing their engineering needs while enabling them to reduce their carbon footprint through cloud manufacturing and sustainable practices. It offers localized production of critical engineering solutions and highly customized, complex components across the energy, EV, aerospace, and defense sectors. The company claims that it has achieved Rs 2 crore ARR and an order pipeline of Rs 20 crore since its launch in 2023. It aims to boost its revenue 5x in 12 months by securing at least 50 new clients.

Funding freeze bites into the early stage businesses

Money Control

Money Control · 1y ago

Funding freeze bites into the early stage businesses

In Q3CY2023, venture capital firms showed a preference for investing in newer startups. Late stage startups, including Unicorns, have been more affected by the funding freeze, while early stage investment activity has remained relatively unaffected. However, the funding winter is now impacting the early stage funding segment as well.

Wing Venture's Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

TechCrunch · 1y ago

Wing Venture's Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

Wing Venture Capital's Sara Choi, a former founder turned investor, will be sharing her expertise on how to pitch to venture capitalists at TechCrunch Early Stage 2024. As venture capital expectations and market dynamics continuously evolve, it's crucial for early-stage founders to effectively communicate their strengths and momentum. The session will provide valuable insights and advice for founders looking to raise capital in the current challenging funding landscape. The deadline to apply for the So You Think You Can Pitch? program at the event is tomorrow, March 22. Early Stage 2024 is just a few weeks away, so secure your pass soon and save $200.

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