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Nutraceutical Startup Fitday Ropes In Actor Mahesh Babu As Investor
Inc42
·
11m ago
Medial
Actor Mahesh Babu's firm GMB Entertainment has invested in omnichannel nutraceutical startup Fitday. The financial terms of the deal were not disclosed, but the investment will support Fitday in expanding its retail presence and entering new markets. Fitday plans to increase its product availability in national retail chains, educational institutions, corporates, and through partnerships to enhance its position in the B2C market.
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Startup news and updates: Daily roundup (September 9, 2024)
YourStory
·
11m ago
Medial
Telugu actor Mahesh Babu's firm GMB Entertainment has made a strategic investment in nutraceutical startup Fitday, aiming to expand its retail footprint and enter new markets. Fitday currently operates in over 10,000 stores and plans to strengthen its position in the B2C market. Engineering company Vijaynath Roof and Wall Cladding Systems has raised INR 26 crore ($3.5m) in debt funding from Karnataka Bank. Biotech firm Transcell Biologics has received investment from IAN Group and Boston-based Quantiphi to support its expanding client base. Chennai-based fintech company Paysharp has received final authorisation from the Reserve Bank of India to act as a payment aggregator.
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Binny Bansal's Opptra ropes in Ranjit Babu as CEO
Inshorts
·
4m ago
Medial
Founded by Binny Bansal, Opptra, has roped in Ranjit Babu, former director of consumer electronics at Amazon India as CEO of Opptra’s electronics and general merchandise vertical. Ranjit resigned from Amazon in December 2024. Interestingly, Opptra has brought in senior executives from Amazon, Flipkart, and Swiggy to drive its operations.
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Alpino ropes in Shilpa Shetty as investor, Venttup bags early-stage funding
VCCircle
·
10m ago
Medial
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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Fashion Entrepreneur Fund Ropes In Karan Johar As Investor
Inc42
·
12m ago
Medial
Fashion Entrepreneur Fund (FEF) has introduced an Over-the-Top (OTT) web series specifically designed for fashion startups to pitch ideas and secure funding. The fund has garnered investments from notable figures such as Ravi Jaipuria, chairman of RJ Corp, and Bollywood actor Akshay Kumar. Renowned filmmaker Karan Johar has also joined FEF as an investor and promoter, offering mentorship and financial support to the platform. This expansion of support aims to aid fashion startups in their growth and success.
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Palmonas Ropes In Shraddha Kapoor As Cofounder
Inc42
·
1y ago
Medial
Pune-based jewellery startup, Palmonas, has announced Bollywood actor Shraddha Kapoor as its new co-founder. Founded in 2021, Palmonas offers a range of contemporary demi-fine jewellery for women and aims to expand its reach with Kapoor's popularity. The brand offers affordable yet premium quality options such as necklaces, rings, bracelets, earrings, and mangalsutras. This trend of celebrities entering the startup ecosystem extends not only to Bollywood but also to music industry figures and comedians. According to Inc42's data, 19 celebrities backed a total of 26 startups in 2021.
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Abhay HealthTech Ropes In Actor Vindu Dara Singh As Investor
Inc42
·
1y ago
Medial
Indian healthcare startup, Abhay HealthTech, has secured investment from Indian actor Vindu Dara Singh. The financial terms of the deal have not been disclosed. This investment reflects the confidence in Abhay HealthTech's innovative healthcare approach and its rapid growth. This trend of Indian startups engaging sports personalities as investors and brand ambassadors is gaining popularity.
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Event Tech Startup Ticket9 Ropes In Actor Nayanthara As Investor
Inc42
·
10m ago
Medial
Event tech startup Ticket9 has secured investment from popular actor Nayanthara and director Vignesh Shivan. The exact funding amount was not disclosed, but Ticket9 plans to utilize the funds to improve its technology, enhance user experience, and expand into new markets. Founded in 2022 by Yazhini Shanmugam and Santhos Premraj, Ticket9 is an event tech SaaS platform focused on creating, promoting, connecting, and managing events.
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Mixed Reality Startup Flam Ropes In Cricketer KL Rahul As Investor
Inc42
·
12m ago
Medial
Indian cricketer KL Rahul has made an investment in mixed reality startup Flam. The financial terms of the investment have not been disclosed. This comes after Rahul's previous investment in men's apparel brand XYXX in April 2022. He also recently became an investor in athleisure wear maker Boldfit, as they aim to expand their presence in the Middle East.
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Fashion Entrepreneur Fund Ropes In Gaurav Dalmia As Investor
Inc42
·
1y ago
Medial
Fashion Entrepreneur Fund (FEF) has partnered with Dalmia Bharat Group chairman, Puneet Dalmia, to support and invest in emerging fashion entrepreneurs. Dalmia's expertise and networks are expected to enhance FEF's position as a leading platform for fashion entrepreneurs in India. FEF recently secured investments from Ravi Jaipuria, chairman of RJ Corp, and Bollywood actor Akshay Kumar, with a commitment of INR 20 crore in the fashion sector.
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Meet Pauket: The startup powering rewards economy
Inshorts
·
4m ago
Medial
Pauket is transforming digital marketing through its innovative Coupon-as-a-Service (CaaS) platform, enabling brands to launch smart, trackable in-app rewards. Co-founded by Sudarsan Babu and Srividya Rajagopal, the startup empowers D2C brands to drive ROI and user engagement. With rapid growth, strategic partnerships, and global ambitions, Pauket is redefining the future of the rewards economy.
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