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Snacking brand Sweet Karam Coffee secures $1.5 million in funding from Fireside Ventures
Economic Times
ยท
1y ago
Medial
Chennai-based snacking brand Sweet Karam Coffee has raised $1.5 million in funding from Fireside Ventures. The company plans to utilize the funds for expanding offline presence, entering new markets, and strengthening its product offerings. Sweet Karam Coffee offers a variety of South Indian sweets and snacks, along with filter coffee and ready-meal mixes, all claimed to be free from palm oil and preservatives. The company has witnessed significant growth, doubling its revenue year on year, with deliveries across India and 32 other countries.
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Sweet Karam Coffee raises $8 Mn led by Peak XV
Entrackr
ยท
4m ago
Medial
Sweet Karam Coffee Raises $8 Mn Led by Peak XV Chennai-based South Indian food brand Sweet Karam Coffee (SKC) has raised $8 million in its Series A round led by Peak XV Partners, with existing investor Fireside Ventures also increasing its stake. The funding comes almost two years after Sweet Karam Coffee raised $1.5 million from Fireside Ventures. The proceeds will be used to expand its distribution, launch new products, and improve its supply chain with tech. Founded in 2015, SKC is known for its authentic sweets, snacks, and filter coffee, which is made without palm oil, preservatives, or maida. It also sells condiments and ghee. The startup sells its products via its website, e-commerce marketplaces, and quick commerce platforms, serving customers across 32 countries. SKC claims to have grown 4X in revenue over the past 12 months and is projected to grow another 2.5X in the next 12 months. SKC announced the appointment of Nandhitha Indermohan (ex-Unilever) as Chief Operating Officer to boost execution.
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How Fireside, Strides-backed Sweet Karam Coffee was valued as it gets new VC backer
VCCircle
ยท
4m ago
Medial
Sweet Karam Coffee, supported by Fireside Ventures and Strides, recently received a valuation boost as it secured a new venture capital backer. This investment signals confidence in the brand's potential for growth and expansion in the consumer market. The strategic involvement from venture capitalists highlights the value associated with Sweet Karam Coffee's business model, potentially enabling it to enhance its product offerings and market reach in the evolving consumer goods landscape.
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AI-based edtech platform ConveGenius snags $7 mn; Fireside ups bet in The Baker's Dozen
VCCircle
ยท
1y ago
Medial
Edtech startup ConveGenius has raised $7 million in funding from investors including UBS Optimus Foundation and Mount Judi Ventures. The AI-based startup uses chatbots and adaptive learning platforms to enhance the learning experience of students. Meanwhile, bakery brand The Baker's Dozen secured around $4 million in a pre-Series A funding round from investors such as Wipro Consumer Care - Ventures and Fireside Ventures. The funding will be used to expand the brand's presence and develop its product portfolio.
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Anushka Sharma-backed Slurrp Farm raises $7.2 Mn in new round
Entrackr
ยท
1y ago
Medial
Gurugram-based children-focused snacking and meal brand, Slurrp Farm, has raised Rs 59.9 crore ($7.2 million) in a fresh round of funding from new and existing investors. The startup plans to use the funds to strengthen its long-term financial resources. With a portfolio of over 25 millet-based products, Slurrp Farm aims to generate revenue of Rs 500 crore and expand its presence to 40,000 stores from the current 2,000 stores. The company was previously backed by investors such as Fireside Venture and Raed Capital.
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Gurugram's Solethreads raises $3.7M in Series A round led by new and existing backers
IndianStartupNews
ยท
2y ago
Medial
Gurugram-based Solethreads, a rapidly growing casual footwear brand has raised $3.7 million in a Series A funding round led by Fireside Ventures and existing investors DSG Consumer Partners and Saama Capital.
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Lobb, two others raise early-stage funding
VCCircle
ยท
1y ago
Medial
Indian startups Lobb, LetsTry, and Fabrito have secured early-stage funding. Lobb, a digital freight brokerage platform, raised $2.9 million from investors including Rajesh Voddiraju and Intel Corp's Giri Pasumamula. The funds will be used to expand Lobb's network, develop technology, and expand its team. Snacking brand LetsTry received funding from Wipro Consumer Care Ventures and existing investor 9Unicorns. Fabrito, a B2B fabric marketplace, raised an undisclosed amount in a pre-seed funding round led by Green Trunk Ventures. The funds will be used to enhance its technology stack, expand its network, and hire talent.
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Blume, IvyCap, Unilever Ventures bet on three startups
VCCircle
ยท
1y ago
Medial
Ride-hailing platform Namma Yatri, skincare brand SkinInspired, and healthcare-focused fintech startup Icanheal have secured early-stage funding. Namma Yatri raised $11 million in a pre-Series A funding round led by Blume Ventures and Antler, with participation from Google. SkinInspired received $1.5 million in seed funding led by Unilever Ventures, and Icanheal secured $1.8 million in seed funding from IvyCap Ventures. The funds will be used for technology development, research and development, product development, and platform scaling for the respective startups.
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Go Zero secures Rs 30 Cr in Series A round
Entrackr
ยท
4m ago
Medial
Snippets Go Zero secures Rs 30 Cr in Series A round Ice cream brand Go Zero has raised Rs 30 crore (around $3.4 million) in its Series A funding round from existing investors DSG Consumer Partners, Saama Capital, and V3 Ventures Ice cream brand Go Zero has raised Rs 30 crore (around $3.4 million) in its Series A funding round from existing investors DSG Consumer Partners, Saama Capital, and V3 Ventures. Subtle participation also came from notable investors Aman Gupta (through Shark Tank India) and Namita Thapar (outside the tank). With this round, Go Zero has raised a total of $6 million to date. Earlier in June 2024, Go Zero raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures. The proceeds will be used to fuel supply chain expansion, innovation in product offerings, and brand growth as Go Zero continues its expansion on quick-commerce platforms in tier I and tier II markets. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Since its inception in July 2022, Go Zero claims to have offer 100% sugar-free products with 50% fewer calories than traditional ice creams. The brand has achieved 5X revenue growth in its second year and 3X in the third. Despite January being the off-season for ice cream sales, Go Zero recorded its highest-ever sales in January 2025, crossing Rs 5 crore in revenue. With a strong presence across Mumbai, Delhi, Pune, Bangalore, and Hyderabad, Go Zero is also set to launch new guilt-free formats, including kulfi sticks and cassata. The firm currently operates two manufacturing units in Mumbai and Bangalore. Go Zero competes with Hangyo Ice Cream, Hocco, and NIC. In 2023, NIC raised $11 million in a funding round led by Jungle Ventures, while Hocco also secured $12 million from the Chona family and other investors. Meanwhile, Hangyo Ice Cream secured India's largest venture funding for an ice cream brand, raising $25 million from Faering Capital in August last year.
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Fireside Ventures extends early-stage funding to two startups
VCCircle
ยท
1y ago
Medial
Fireside Ventures has provided early-stage funding to two startups. Happi Planet, a home care products brand, raised $1 million, which will be used to expand its online presence and physical reach. Meanwhile, fintech startup PocketATM raised $400,000 in a pre-seed funding round to enable local stores to become cash dispensing touchpoints. Lastly, ice cream brand Frubon secured funding for growth and expansion of its product offerings.
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Real-time flight rewards search engine Point.me secures $10M in funding
Robots
ยท
1y ago
Medial
Point.me, a real-time flight rewards search engine and concierge service, has secured $10 million in Series A funding to improve its platform. The funding round, led by Thayer Ventures and featuring participation from PAR Capital Ventures, RiverPark Ventures, Plug and Play Ventures, and MoreThanCapital, brings Point.me's total funding to $12 million. The platform simplifies the process of redeeming travel rewards, boasting over 1.5 million users and 7.8 million searches since its launch in early 2022. The funds will be used to expand partnerships with card issuers, enhance the concierge service, and develop data-driven analytics capabilities. Point.me aims to become a comprehensive loyalty management site for travelers, leveraging data-driven insights and AI algorithms to enhance the redemption experience.
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