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Shark Tank India feautred Nestroots raises Rs 3Cr in a pre-Seed round

IndianStartupNews

IndianStartupNews · 1y ago

Shark Tank India feautred Nestroots raises Rs 3Cr in a pre-Seed round

Nestroots, a home decor and lifestyle brand featured on Shark Tank India, has raised Rs 3 crore in a pre-seed funding round. The funding, led by Beyond Seed Singapore and managed by Bestvantage Investments, will be used to enhance the brand's online presence and expand into international markets. Nestroots plans to diversify its product range and increase its offline presence through Shop-in-Shops and Multi-Brand Outlets. With the goal of becoming a 'Home-Everything' destination, the startup aims to cater to the growing demand in India's home decor market, which is projected to reach $39.44 billion by 2027.

Related News

Shark Tank India-featured ScrapUncle raises Rs 3.7Cr in a pre-Seed round

IndianStartupNews

IndianStartupNews · 2y ago

Shark Tank India-featured ScrapUncle raises Rs 3.7Cr in a pre-Seed round

Delhi-based startup ScrapUncle has secured Rs 3.7 crore in a pre-seed funding round co-led by Bestvantage and a family office associated with Madhuram Papers' promoters. Previous investor CarDekho CEO Amit Jain had also invested Rs 60 lakh during Shark Tank India Season 2. ScrapUncle plans to use the funds to enhance its operational scale and contribute significantly to its overall revenue. Founded in 2019, the company offers an online platform for users to sell scrap materials for recycling at predetermined prices, aiming to address waste management challenges and promote recycling.

Drone startup InsideFPV raises Rs 3.5Cr in seed round led by Mumbai Angels

IndianStartupNews

IndianStartupNews · 1y ago

Drone startup InsideFPV raises Rs 3.5Cr in seed round led by Mumbai Angels

InsideFPV, a drone maker featured on Shark Tank India, has secured Rs 3.5 crore in seed funding. Mumbai Angels led the investment round, with participation from IPV, Soonicorn, Fossbytes, and Kumar Sahu. The startup offers drones for various industries, including government contracts, agriculture, commercial sectors, and surveillance. The funding will be used to drive growth, develop new products, expand market reach, enhance distribution and logistics, and invest in strategic acquisitions. The Indian Drone Market is projected to grow at a CAGR of around 18% and is currently dominated by ideaForge.

Beautywise raises Rs 3 crore from Boat's cofounder

Economic Times

Economic Times · 6m ago

Beautywise raises Rs 3 crore from Boat's cofounder

Beautywise, a beauty and wellness brand, secured Rs 3 crore funding from Boat cofounder Aman Gupta on Shark Tank India, following a Rs 6 crore round raised earlier in February 2024. The new funding will support the development of innovative products, team expansion, and brand presence enhancement. CEO Shreyansh Chauhan stated that the funds will be directed towards R&D and broadening their reach by hiring more field personnel and fortifying partnerships with clinics and pharmacies nationwide.

Skippi Raises ₹12 Crore in Extended Pre-Series A Round, Led by Dubai-Based Family Offices, Facilitated by Bestvantage Investments

StartupTalky

StartupTalky · 2m ago

Skippi Raises ₹12 Crore in Extended Pre-Series A Round, Led by Dubai-Based Family Offices, Facilitated by Bestvantage Investments

Skippi, India's leading ice pops brand, raised ₹12 crore in an extended pre-Series A funding round, led by Dubai-based family offices and facilitated by Bestvantage Investments. This strategic capital will enhance brand visibility, product innovation, and leadership hiring, targeting a ₹100 crore valuation. Skippi, a success from Shark Tank India, plans to expand into the Middle East with support from new investors. With these funds, Skippi aims for aggressive growth, international market penetration, and brand development.

Shark Tank India-featured Zoff raises ₹40 crore in funding

Inshorts · 1y ago

Shark Tank India-featured Zoff raises ₹40 crore in funding

Shark Tank India-featured spices brand Zoff has raised Rs 40 crore in funding from JM Financial Private Equity through JM Financial India Growth Fund III. Founded in 2018 by brothers Akash Agrawal and Ashish Agrawal, The startup offers a curated selection of spices, dry fruits, and whole food products. It previously raised funding from Boat's Co-Founder & CMO, Aman Gupta.

Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta

Livemint

Livemint · 1y ago

Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta

Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, has joined the judge's panel for the third season of "Shark Tank India." Radhika Gupta, along with other new "Sharks" including Zomato CEO Deepinder Goyal and Inshorts CEO Azhar Iqubal, will evaluate pitches from entrepreneurs seeking investment. "Shark Tank India" is the Indian adaptation of the American show "Shark Tank," where entrepreneurs pitch their business ideas to a panel of investors who decide whether to invest in their ventures. The third season will be streamed on the OTT platform Sony Liv.

AI & AaaS startup EaseMyAI raises Rs 3Cr led by Gurugram's Inflection Point Ventures

IndianStartupNews

IndianStartupNews · 1y ago

AI & AaaS startup EaseMyAI raises Rs 3Cr led by Gurugram's Inflection Point Ventures

EaseMyAI, an artificial intelligence and automation-as-a-service platform, has secured Rs 3 crore in seed funding. The round was led by Inflection Point Ventures, with the funds being used for product development, team expansion, and distributor network growth. EaseMyAI helps businesses automate tasks using advanced technology like AI, allowing for improved efficiency and error-free operations. The platform also offers a marketplace where users can access various business use cases and services to customize their workflows. EaseMyAI aims to facilitate digital transformation and plans to establish collaborations in the USA market.

upliance.ai Bags INR 34 Cr From Khosla Ventures, Others To Bolster AI-Powered Home Appliance Play

Inc42 · 1y ago

upliance.ai Bags INR 34 Cr From Khosla Ventures, Others To Bolster AI-Powered Home Appliance Play

Home appliance startup upliance.ai has raised INR 34 Cr ($4 Mn) in a seed funding round led by Khosla Ventures. The funds will be used to increase the production of its AI-powered cooking assistant and scale up revenue to INR 150 Cr by the end of 2024. upliance.ai was featured on Shark Tank India Season 3 but did not secure a deal. The startup sells an AI-powered 'Smart Jar' that can perform various cooking tasks.

Ice popsicle brand Skippi raises Rs 12 Cr in extended pre-Series A round

Entrackr

Entrackr · 2m ago

Ice popsicle brand Skippi has raised Rs 12 crore ($1.4 million) in an extended pre-Series A funding round led by the Dubai based strategic family offices of Surya, which invested Rs 10 crore. The remaining Rs 2 crore came from other angel investors. The startup was featured in Shark Tank India Season 1, where it secured Rs 1.2 crore from all six sharks: Aman Gupta, Ashneer Grover, Anupam Mittal, Namita Thapar, Vineeta Singh, and Piyush Bansal, in exchange for an 18 percent equity stake. Since then, the company claims to have grown its monthly revenue 80 times, from Rs 5 to 7 lakh to several crore. The Hyderabad based company had previously raised 1.43 million dollars in a seed round in April 2024 from Hyderabad Angels and others. According to a press release, the fresh funds will be used for growth initiatives, enhancing brand visibility, strengthening working capital, accelerating product innovation, onboarding senior leadership, and expanding into the Middle East market. Co-founded in 2021 by Ravi and Anuja Kabra, Skippi specializes in natural ice pops made with all-natural ingredients and RO water. The brand offers a range of flavors including traditional Indian options like Kala Khatta and follows an omnichannel retail model, selling through its website, online marketplaces, and a network of distributors and stockists. Skippi’s products are now available in over 20,000 retail outlets across India and on platforms such as Zepto, Swiggy Instamart, Amazon, BigBasket, and its own website. The company has also diversified its portfolio with new offerings such as Crazy Corn, Cornsticks, and Cream Rolls.

Shark Tank India-featured 'Earthful' raises ₹5 crore

Inshorts · 6m ago

Shark Tank India-featured 'Earthful' raises ₹5 crore

Earthful, a Shark Tank-featured plant-based nutrition brand, has raised ₹5 crore in a round led by Srinivasan Namala, with ₹75 lakh from Ritesh Agarwal to follow. With an ARR of ₹15 crore and 1 lakh+ customers, the funds will drive R&D, brand expansion, and team building. Earthful expects a five-fold growth in 12-18 months.

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