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The Baker’s Dozen raises Rs 33 crore in funding round led by Wipro Consumer VC unit

Economic Times

Economic Times · 1y ago

The Baker’s Dozen raises Rs 33 crore in funding round led by Wipro Consumer VC unit

The Baker's Dozen, a direct-to-consumer bakery brand, has raised INR 33 crore ($4.4 million) in funding led by Wipro Consumer Care Ventures. The funds will be used for distribution growth, expansion into non-metro cities and international markets, brand-building, and marketing initiatives. The startup currently operates in more than 40 cities in India and has entered the Dubai market. The Baker's Dozen offers a range of bakery products and aims to become a profitable entity of INR 500 crore ($66 million) within five years.

Related News

Kumar Chander to take over as CEO of Consumer Care and Lighting, current MD Vineet Agrawal to retire next year

Economic Times

Economic Times · 2m ago

Kumar Chander to take over as CEO of Consumer Care and Lighting, current MD Vineet Agrawal to retire next year

Kumar Chander will become CEO of Wipro Consumer Care and Lighting in February 2026, succeeding Vineet Agrawal, who retires after 40 years. Under Agrawal's leadership, Wipro became a global FMCG player, growing revenue from Rs 300 crore in 2003 to over Rs 10,600 crore, with notable acquisitions and brand expansions like Santoor soap. Chander, with 33 years at Wipro, has driven success in international markets and will ensure a smooth leadership transition.

AI-based edtech platform ConveGenius snags $7 mn; Fireside ups bet in The Baker's Dozen

VCCircle

VCCircle · 1y ago

AI-based edtech platform ConveGenius snags $7 mn; Fireside ups bet in The Baker's Dozen

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.

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others

Entrackr

Entrackr · 7m ago

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others

Deconstruct raises Rs 65 Cr from L’Oréal’s VC fund BOLD and others Deconstruct, a D2C skincare brand, has secured Rs 65 crore ($7.7 million) in funding from L’Oréal’s VC fund BOLD, V3 Ventures, and DSG Consumer Partners, with participation from existing investors Kalaari Capital and Beenext. The funds will support product innovation, leadership in sunscreen and serums, the gentle actives space, and expansion into quick commerce and retail. Founded by Malini Adapureddy, Deconstruct offers skincare for all skin types, focusing on products tailored for India's climate. Deconstruct states it saw 1,000% growth in FY25, achieving annualized net revenue of Rs 200 crore, while reducing losses by 33% during FY24.

Health food brand Anveshan raises Rs 48 crore from Wipro Consumer Care Ventures, others

Economic Times

Economic Times · 4m ago

Anveshan, a health food brand based in Gurugram, has secured Rs 48 crore in funding led by Wipro Consumer Care Ventures and other investors. Founded in 2020, Anveshan aims to offer minimally processed, traditionally produced food rooted in Indian traditions. The investment will enhance manufacturing, supply chain, and marketing efforts. Anveshan is targeting significant growth, having already achieved 80% year-on-year revenue growth, and aims for Rs 500 crore in revenue soon.

D2C activewear brand BlissClub raises Rs 33 crore in round led by Elevation Capital

Economic Times

Economic Times · 4m ago

BlissClub, a Bengaluru-based direct-to-consumer activewear brand focusing on women, raised Rs 33 crore in funding led by Elevation Capital and Eight Roads Ventures. The funds will address working capital, capital expenditure, and other corporate needs. Established in 2020, BlissClub initially sold products online before expanding to offline stores, competing with fast fashion brands. The company reported Rs 92 crore in revenue for the financial year ending March 31, 2024, though FY25 filings are pending.

GIVA raises ₹270 cr led by Wipro Founder Chairman's Premji Invest

Inshorts · 2y ago

GIVA raises ₹270 cr led by Wipro Founder Chairman's Premji Invest

Jewellery brand GIVA has raised ₹270 crore in a funding round led by Wipro Founder Chairman Azim Premji's Premji Invest. The startup raised ₹200 crore in primary capital in the Series B funding round, which saw participation from existing investors Aditya Birla Ventures, Alteria Capital and A91 Partners. GIVA raised another ₹70 crore through a secondary sales transaction and gave partial exit to Kunal Shah and FirstCheque.

Wipro Consumer Care Ventures leads early funding in Singaporean women’s health startup

Economic Times

Economic Times · 5m ago

Wipro Consumer Care Ventures leads early funding in Singaporean women’s health startup

Wipro Consumer Care Ventures led a $3.5 million pre-series A funding round for Moom Health, a Singaporean women's health supplement startup focused on Asian women. This round also included contributions from DSG Consumer Partners, Racer Ventures, and others. Founded by Maya Kale in 2021, Moom Health addresses health issues like PCOS and plans to scale its personalized wellness approach across Asia. The investment will fund product innovation, market expansion, and strengthen Moom’s supply chain and team.

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

Entrackr

Entrackr · 3m ago

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC

Entrackr

Entrackr · 1d ago

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC

Supply6 raises $1.1 Mn in seed round led by Zeropearl VC Supply6, a direct-to-consumer nutrition brand focused on filling daily nutrient gaps, has raised $1.1 million (Rs 9.1 crore) in a seed round led by Zeropearl VC, with participation from entrepreneurs including Kunal Shah, Ashutosh Valani, Priyank Shah (Co-founders, Renee Cosmetics), and Yogesh Kabra (Founder, XYXX). The fresh funds will be used to expand the product pipeline, conduct clinical studies, launch new formats, and scale selectively in GCC and English-speaking markets. Supply6 also plans to strengthen leadership roles across growth, strategy, and product. Founded in 2020 by Vaibhav Bhandari and Rahul Jacob, Supply6 develops science-backed products built on the six fundamentals of balanced nutrition—protein, carbs, fats, fibre, vitamins, and minerals. Its flagship Supply6 360 sachet combines over 63 nutrients, probiotics, and plant-based superfoods to address hidden deficiencies common in Indian diets. The company recently launched Supply6 Salts, a zero-sugar hydration mix. Supply6 sells its nutrition solutions directly to consumers through its website, leading marketplaces like Amazon and Flipkart, and quick-commerce platforms such as Blinkit, Zepto, and Instamart. With over 2 lakh customers and ex-cricketer AB de Villiers as brand ambassador, the firm is building a strong repeat-purchase base (45%) while expanding reach into preventive health markets abroad. The startup has previously raised Rs 10 crore in funding and received a Rs 25 lakh grant from the Karnataka government.

Retail intelligence platform Bizom raises $12 million in round led by VC firm Pavestone

Economic Times

Economic Times · 9m ago

Retail intelligence platform Bizom raises $12 million in round led by VC firm Pavestone

Retail intelligence platform Bizom has raised $12m in a funding round led by venture capital firm Pavestone. Bizom's software-as-a-service (SaaS) platform aims to optimise distribution processes for retail brands by improving sales efficiency, streamlining product distribution and strengthening retailer-brand relationships. The funding will be used to scale innovations, strengthen delivery mechanisms and expand key accounts. Bizom currently serves over 600 consumer brands across 30 countries and plans to double its revenue every year going forward. The investment will support the company in leading the digital transformation of India's retail distribution landscape.

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