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Krieya raises Rs 7 Cr led by Sauce and Riverwalk Holdings

EntrackrEntrackr · 1m ago
Krieya raises Rs 7 Cr led by Sauce and Riverwalk Holdings
Medial

Krieya Beauty & Wellness has raised about Rs 7 crore (around $788K) in its first funding round led by Sauce, with Riverwalk Holdings as co-lead. Aneesh Sheth, founder of Dr. Sheth's, also participated. The proceeds will be used to prepare for the launch of its first brand in Q3 FY26, scale research, and build product capabilities. Founded by Siddharth Sharma, Krieya is a beauty and personal care company focused on research-led product development for Indian consumers. The company is building premium haircare, skincare, and wellness brands with proprietary formulations designed for Indian biology and usage behavior. Krieya has conducted research with over 500 consumers and carried out six months of product trials for its first haircare brand. Krieya’s first brand will launch in Q3 FY25-26 with a focus on the haircare category. The company is building products based on a research-led model, with 10 products currently in pre-launch testing. Krieya’s current approach includes building a BioPrint of Indian consumers to inform product formulation. The founder has prior experience at Honasa Consumer and was part of the team that scaled Dr. Sheth’s after acquisition. The company plans to build premium science-led brands across beauty, personal care, and wellness.

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Tribe Stays raises $2.8 Mn led by Artha Venture and Riverwalk

EntrackrEntrackr · 1m ago
Tribe Stays raises $2.8 Mn led by Artha Venture and Riverwalk
Medial

Snippets Tribe Stays raises $2.8 Mn led by Artha Venture and Riverwalk Hospitality brand Tribe Stays has raised $2.8 million (Rs 24 crore) in a seed round co-led by Artha Venture Fund and Riverwalk Holdings. Kunal Khanna, Krishna Jain, and several HNIs and family offices also participated. The proceeds will be used to expand its portfolio across its three sub-brands: Tribe Student Accommodation, Tribe Commune, and Tribe Suites. Tribe Stays operates 650 beds in Pune and plans to add 1,000 more this financial year. The firm aims to scale to 25,000 beds across tier I and tier II cities including Hyderabad, Bengaluru, Mumbai, Gurugram, and Pune. Founded by Yogesh Mehra, Tribe Stays operates premium long-stay accommodation under three sub-brands: Tribe Student Accommodation, Tribe Commune, and Tribe Suites. The company provides managed living spaces for students, professionals, corporates, and executive guests across major Indian cities. Tribe plans to partner with universities and companies that require managed accommodation for relocation and long-stay needs.

B2B textile manufacturing startup Fantail raises Rs 13.75 Cr in seed round

EntrackrEntrackr · 6m ago
B2B textile manufacturing startup Fantail raises Rs 13.75 Cr in seed round
Medial

Surat-based B2B textile manufacturing startup Fantail has raised Rs 13.75 crore (around $1.6 million) in a Seed funding round led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital. The proceeds will be used to support investments in partner SMEs across Surat, helping them build capabilities for efficient, large-scale production. Founded in 2023 by Ramya Iyer, Fantail integrates end-to-end manufacturing by working directly with weavers, mills, and processors, covering everything from the yarn stage to finished garments. This marks Fantail’s first institutional round, following its founding by Iyer, who brings over a decade of experience working with Surat’s textile supply chain. “In B2B, timing is of great significance. I have personally worked with the Surat ecosystem for a decade, and in the coming years, we will see a lot of action in manufacturing 2.0 here,” said Iyer. According to the startup, its structured approach enables faster turnaround times, improved quality control, and reduced capital inefficiencies.

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

EntrackrEntrackr · 8m 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.

WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital

EntrackrEntrackr · 6d ago
WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital
Medial

WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital Blue and grey-collar job portal WorkIndia has raised Rs 97 crore (about $10.8 million) in a Series B funding round led by Aavishkaar Capital. Existing investor BEENEXT Capital participated with a Rs 22 crore contribution, while Aavishkaar Capital invested Rs 75 crore in the round. This is the first funding for the company in nearly 3 years since it raised $12 million in January 2023, led by SBI Holdings, Nintendo founding family and others. The proceeds will be used to strengthen WorkIndia’s technology platform, improve its employer-candidate matching systems, and expand operations into high-demand regions. The company said it also plans to invest in product innovation to support both job seekers and businesses seeking workforce solutions. Co-founded by Kunal Patil, Nilesh Dungarwal, and Moiz Arsiwala, WorkIndia is a job platform focused on blue- and grey-collar workers, offering opportunities across 50 categories including tele-calling, field sales, delivery roles, and more. According to startup data platform TheKredible, WorkIndia has raised around $30 million to date from investors such as BEENEXT, Xiaomi, SBI Holdings, Insitor, and others. BEENEXT is the largest external shareholder, holding an 11.31% stake before this round, followed by Xiaomi at 7.3%. The co-founders collectively hold a 32.1% stake in the company. For the fiscal year ended March 2025, WorkIndia posted a 25% year-on-year increase in operating revenue to Rs 78.7 crore, while narrowing its losses by 25% to Rs 23.06 crore.

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