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Fambo raises Rs 21.55 Cr Series A round led by AgriSURE Fund

EntrackrEntrackr · 4m ago
Fambo raises Rs 21.55 Cr Series A round led by AgriSURE Fund
Medial

Fambo, a Noida-based food solutions startup, has raised Rs 21.55 crore in a Series A round led by AgriSURE Fund (managed by NABVENTURES Limited), with participation from EV2 Ventures. This is Fambo’s second fundraise in 2025, following a Rs 21 crore round in January backed by EV2 Ventures and individual investors. The proceeds will be used to expand into new regions, diversify product lines, grow its team, and upgrade its technology systems. Founded in 2022, Fambo supplies fresh produce and semi-processed food products to the HoReCa segment. It claims to serve over 1,000 restaurants and cloud kitchens across North and Central India, including McDonald’s, Burger King, Burger Singh, California Burrito, Nomad Pizza, and Barbeque Nation. Fambo works with a farm network covering 75 acres of GAP-certified farmland. It supports farmers from crop planning through procurement, ensuring traceability. The company operates a temperature-controlled supply chain for chilled and frozen delivery, supported by AI-based logistics planning. The startup runs a processing facility in Noida where it produces semi-processed ingredients. It collaborates with food brands through an in-house team of chefs to co-develop menu components. Fambo competes with food-service suppliers such as WayCool Foods, FreshToHome (B2B), and Ninjacart, focusing on standardized ingredients for restaurants.

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Foodtech startup Fambo raises Rs 21 Cr in pre-Series A funding

EntrackrEntrackr · 1y ago
Foodtech startup Fambo raises Rs 21 Cr in pre-Series A funding
Medial

Foodtech startup Fambo has raised Rs 21 crore ($2.5 million) in a pre-Series A funding round led by EV2 Ventures, with participation from Rajesh Sawhney and several Ultra High Net Worth Individuals (UHNIs). The proceeds will be utilized to scale its operations across India, establish an export vertical, invest in technology, and grow its network of partner farms, Fambo said in a press release. Co-founded in 2022 by Akshay Tripathi and Sudarshan Satle, Fambo is a foodtech startup aiming to transform food systems through technology. With its AI-enabled platform, the company ensures traceability of fresh produce from farms to restaurants, adhering to food safety standards such as GAP, FSSAI, ISO, and NSF. The company’s product portfolio includes fresh produce, sauces, gravies, frozen items, and fried products, catering to diverse customer needs. The Noida-based startup connects farmers directly with restaurants, hotels, and cloud kitchens through its AI-enabled platform, ensuring fresh produce, minimizing waste, and maintaining quality. The company operates a state-of-the-art micro-processing center, offering semi-processed food items to help food service businesses reduce costs, ensure consistency, and streamline operations.

The Bear House raises Rs 50 Cr in Series A round led by JM Financial

EntrackrEntrackr · 11m ago
The Bear House raises Rs 50 Cr in Series A round led by JM Financial
Medial

The Bear House raises Rs 50 Cr in Series A round led by JM Financial The Bear House, a popular men’s fashion brand, has raised Rs 50 crore ($5.84 million) in its Series A round led by JM Financial India Growth Fund III. The proceeds will be used to open more physical stores, boost branding efforts, and meet working capital needs. The Bear House sells products like shirts, t-shirts, jeans, and footwear. It has mainly been sold online through platforms like Myntra, Flipkart, and Nykaa. Led by Harsh Somaiya, the firm opened its first physical store in Bengaluru in March 2025. It now plans to launch 20 more stores across India in the next two years. The Bengaluru-based startup claims to have already built a Rs 150 crore online brand while staying profitable and self-funded until now.

Innovist raises Rs 136 Cr led by ICICI Venture; Accel exits

EntrackrEntrackr · 11m ago
Innovist raises Rs 136 Cr led by ICICI Venture; Accel exits
Medial

Innovist, the parent company of Bare Anatomy, has raised Rs 136 crore (approximately $16 million) in a Series B funding round led by ICICI Venture. The round saw participation from Mirabilis Investment Trust, Niveshaay Investment, and existing backer Sauce. The funding round includes both primary and secondary components and will be directed toward product development, business growth, and team expansion, the company said in a media release. In the round, the company provided exit to Accel, which came in via their seed program (atoms). Rohit Chawla, founder and CEO, said that Innovist is one of the fastest-growing BPC (beauty and personal care) firms in the country and aims to cross Rs 300 crore in revenue by FY25. While the company has not yet filed its annual statements for FY24, it reported operational revenue of Rs 36.53 crore in FY23, along with a loss of Rs 16.87 crore. Innovist, previously known as Onesto Labs, was founded in 2018 by Chawla, Sifat Khurana, and Vimal Bhola. The company provides personal care products and currently manages three brands: Bare Anatomy, Chemist at Play, and Sunscoop. To date, Innovist has raised over $26 million, including a $7 million Series A round led by the Amazon Smbhav Venture Fund. According to startup data platform TheKredible, prior to this round, Sauce.VC was the largest external stakeholder, followed by 72 Ventures, Accel India, and the Amazon Smbhav Fund. It competes with D2C beauty brands like Minimalist, Mamaearth, Wow Skin Science, and Sugar Cosmetics.

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.

Burger Singh raises Rs 82 Cr in Series B round at Rs 520 Cr valuation

EntrackrEntrackr · 3d ago
Burger Singh raises Rs 82 Cr in Series B round at Rs 520 Cr valuation
Medial

Burger Singh raises Rs 82 Cr in Series B round at Rs 520 Cr valuation Homegrown burger chain Burger Singh has announced the closure of its Series B funding round at Rs 82 crore (nearly $9 million) at a valuation of Rs 520 crore ($56 million). The round was led by Artal Asia Pte Ltd and saw participation from a mix of new and existing investors such as Negen Undiscovered Value Fund, Aurum Rising India Fund, and others. Entrackr had exclusively reported about this round back in July last year. The company will use the fresh capital to strengthen the systems, processes, and infrastructure required to build India’s most scalable franchise-first restaurant growth platform, Burger Singh said in a press release. Burger Singh runs a hybrid model with both company-owned and franchise-led outlets, serving a range of burgers, momos, fries, beverages, and desserts. The chain currently has over 200 outlets across 75 cities and aims to scale its footprint to more than 1,000 outlets by 2026. “India has no shortage of entrepreneurs. What it lacks is enough high-quality operating platforms that allow those entrepreneurs to succeed in the restaurant business at scale. That is the gap we are solving,” said Kabir Jeet Singh, Founder and CEO of Burger Singh. The company has reported 50% year-on-year growth to Rs 117 crore in FY25 from Rs 78 crore in FY24. Meanwhile, the net losses of the firm shrank by 86% to Rs 3.86 crore in FY25. It competes with both global and local QSR chains (quick service restaurants) such as McDonald’s, Burger King, Wendy’s, Jumboking, Wat-a-Burger, Burgernama, and several others.

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.

Exclusive: Atomberg raises Rs 212 Cr in Series C extension led by Temasek

EntrackrEntrackr · 3m ago
Exclusive: Atomberg raises Rs 212 Cr in Series C extension led by Temasek
Medial

Exclusive: Atomberg raises Rs 212 Cr in Series C extension led by Temasek Consumer appliances brand Atomberg has secured Rs 212 crore ($24 million) in an extension of its Series C round led by Jongsong Investments (Temasek), with participation from its co-founders and existing backers. As per regulatory filings sourced from the Registrar of Companies (RoC), the board approved the issuance of 10,006 Series C1 and C2 preference shares at Rs 2,11,835 per share to raise the fresh capital. Temasek led the tranche with an infusion of Rs 132 crore, while Jungle Ventures and Inflexor Fund contributed Rs 17.8 crore and Rs 17.9 crore, respectively. Co-founders Manoj Kumar Meena and Sibabrata Das together invested Rs 44 crore during this round. This appears to be part of a larger ongoing funding round, and Atomberg is expected to raise additional capital for the secondary transactions. As per Entrackr’s estimates, the latest allotment values the company at around $500 million post-money. With this, Atomberg has raised over $150 million to date, including the $86 million Series C round led by Temasek and Steadview Capital in May 2023. Sibabrata Das, co-founder of Atomberg, declined to comment on the queries sent by Entrackr. Founded in 2012 by Meena and Das, Atomberg has built a strong R&D-led product portfolio featuring energy-efficient BLDC and smart fans, mixer grinders, and smart locks. The brand claims a retail footprint spanning more than 15,000 touchpoints across India. Atomberg initially entered the market in 2015, catering to B2B customers such as the Tata Group, Infosys, and Indian Railways before expanding into B2C via Flipkart and Amazon, and later scaling offline distribution from 2018 onward. The company is yet to file its FY25 financials. In FY24, its revenue from operations grew 31% year-on-year to Rs 848 crore, while losses narrowed by 31.7% during the same period.

Exclusive: Consumer lending startup Fibe raises $66 Mn

EntrackrEntrackr · 1y ago
Exclusive: Consumer lending startup Fibe raises $66 Mn
Medial

Digital lending platform Fibe (formerly EarlySalary) has raised Rs 547 crore or $66 million in Series E round led by TPG’s The Rise Fund and Kabira Holdings. This is the first round of investments for the Pune-based company in the past two years. The board at Five has passed a special resolution to issue 5,46,75,600 Series E CCPS at an issue price of Rs 100 each to raise Rs 547 crore, its regulatory filing accessed from the RoC shows. The Rise Fund led the round with Rs 133 crore while Kabira Holdings put in Rs 125 crore. Eight Road Ventures, Norwest Capital, and Trifecta participated with Rs 41.6 crore, Rs 62.5 crore and Rs 55 crore, respectively. Amara Partners and Chirate also invested Rs 29.17 crore and Rs 100 crore. According to filings, the company will use these funds for expansion and growth as per the business plan duly adopted by the board. This is a developing story…

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