🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Zerodha’s Rainmatter invests Rs 10 crore each in Boson Whitewater, TruNativ
Economic Times
·
11m ago
Medial
Bangalore-based water recycling startup Boson Whitewater and nutrition-focused brand TruNativ have secured Rs 10 crore in equity funding each from Rainmatter, an early-stage venture firm backed by Zerodha. Boson Whitewater treats excess sewerage treatment plant water to make it potable, addressing water scarcity issues in cities like Bangalore. TruNativ is a direct-to-consumer brand that sells nutritional products. Rainmatter has invested Rs 30 crore in multiple companies recently, including Devil's Circuit, GreenWorms, Actlogica, and GalaxEye. The firm has invested approximately Rs 650 crore in various startups across sectors since 2016.
View Source
Related News
Zerodha’s Rainmatter backs Bosan and TruNativ
Entrackr
·
11m ago
Medial
Zerodha-backed early-stage venture firm Rainmatter has backed water recycling startup Boson Whitewater and nutrition-focused brand TruNativ with Rs 10 crore each in an equity round. Founded in 2011 by Vikas Brahmavar and Gowthaman Desingh, Boson Whitewater makes water softeners, industrial water treatment systems and recently laucnhed Water Recovery Boson Whitewater system with the vision to emerge as the 3rd source of water after municipal water. The startup is working with IT parks, malls, industries and apartment complexes to recover potable water from their STP treated water. Founded by Pranav Malhotra and Mamta Malhotra in 2019, Mumbai-based TruNativ brings transparent, nutritionally balanced, and healthy food alternatives for people who care about nature and health. It sells its products through its website and various other ecommerce portals In February 2022, Bengaluru-based Bosan Whitewater had raised Rs 3.45 crore in a funding round led by IAN (Indian Angel Network) and others whereas TruNativ raised an undisclosed amount in seed funding round in April 2021.
View Source
Zerodha’s Rainmatter invests Rs 275 crore in 2024 with major focus on climate, health
Economic Times
·
7m ago
Medial
Zerodha's Rainmatter invested Rs 275 crore in 47 startups last year, focusing primarily on climate and health sectors. While traditionally leading in fintech investments, the firm supported 15 climate and 16 health startups in 2024, signifying a shift towards these emerging trends. Co-founder Nithin Kamath emphasized climate and health as future megatrends, aiming to support initiatives enhancing Indian health and planetary livability. Since 2016, Rainmatter has invested approximately Rs 700 crore in over 100 startups.
View Source
Zerodha’s Rainmatter invests Rs 12 crore in foodtech startup TWF Flours
Economic Times
·
1y ago
Medial
Rainmatter, a venture fund backed by Zerodha, has invested approximately Rs 12 crore ($1.4 million) in foodtech startup TWF Flours. This marks the first institutional funding round for the Noida-based company. TWF Flours focuses on innovating milling technology to produce higher quality and healthier flour with increased nutrient levels. The funds will primarily be used for research and development. TWF Flours sells directly to consumers and the hospitality industry. Rainmatter has a strong interest in the health and wellness sector, with previous investments in Fittr, The Whole Truth, and Trunati.
View Source
Zerodha’s Rainmatter pumps in $3.5 million in fitness startup Fittr
Economic Times
·
1y ago
Medial
Zerodha's Rainmatter has invested Rs 28 crore (around $3.5 million) in fitness startup Fittr. With this funding, Fittr will gain access to Rainmatter's ecosystem of health and wellness startups backed by Zerodha. Fittr boasts profits on a quarter level and a yearly revenue run rate of Rs 120 crore. The ultimate aim is to build a sustainable and profitable business before considering a public listing. Fittr has 250,000 monthly active users and over five million app downloads, offering online fitness and nutrition coaching.
View Source
Zerodha’s Nikhil Kamath invests in finfluencer Sharan Hegde's start-up The 1% Club
Business Today
·
1y ago
Medial
Zerodha's Chief Investment Officer, Nikhil Kamath, has invested in 'The 1% Club', a start-up founded by finfluencer Sharan Hegde. The start-up has secured Rs 10 crore in pre-series A funding, with investment from Gruhas, a venture capital firm co-founded by Kamath. The 1% Club is a members-only platform that offers educational resources, mentorship, and entrepreneurial opportunities for individuals to plan their financial future. The funds raised will be used to expand operations and attract talent. The start-up aims to combine fintech and edtech to empower individuals in making informed financial decisions.
View Source
Former Ola exec Pranay Jivrajka’s sexual wellness startup Allo raises Rs 16 crore from Zerodha’s Rainmatter, others
Economic Times
·
4m ago
Medial
Allo Health, a sexual wellness startup founded by former Ola executive Pranay Jivrajka, raised Rs 16 crore in a funding round led by Zerodha's Rainmatter. The funds aim to expand clinic networks, enhance technology, and improve patient engagement. Supported by Flipkart’s Binny Bansal, Allo Health combines physical clinics with AI-driven treatment and plans to enter the mental health segment. It highlights the need for accessible sexual healthcare in India, treating over 200,000 patients across 35 clinics.
View Source
Zomato invests Rs 500 Cr in Blinkit
Entrackr
·
6m ago
Medial
Food tech giant Zomato has invested Rs 500 crore (nearly $60 million) in its quick commerce subsidiary, Blinkit, bringing its total investment in the quick commerce segment to Rs 2,800 crore since the acquisition. The board has Blinkit has passed a resolution to issue 2,537 equity shares at an issue price of Rs 19,70,181 each to raise Rs 500 crore, its regulatory filing accessed from the Registrar of Companies shows. The capital injection into Blinkit comes just two months after Zomato raised Rs 8,500 crore through a Qualified Institutions Placement (QIP). The primary objective of that fundraising was to strengthen Zomato's financial position, enabling business expansion and strategic initiatives, particularly in the quick commerce segment through Blinkit. This marks Zomato's second capital infusion in Blinkit within seven months. In June 2024, it invested Rs 300 crore ($36 million) into the Albinder Dhindsa-led company. Blinkit, formerly known as Grofers, was acquired by the food delivery giant in an all-stock deal valued at Rs 4,477 crore ($568 million).
View Source
Exclusive: Motilal Oswal invests in edtech-focused NBFC Auxilo
Entrackr
·
6m ago
Medial
Education-focused non-banking financial corporation (NBFC) Auxilo has raised Rs 50 crore in debt from Motilal Oswal. Auxilo allotted 5,000 Non-Convertible Debentures (NCDs) to Motilal Oswal Finvest Limited at a face value of Rs 1,00,000 each, aggregating to Rs 50 crore in Series I and Series II of 2,500 NCDs each. The Series I debentures have a tenure of 2 years with a rate of interest of 9.7% per annum while the Series II debentures carry 9.8% annual interest with a tenure of 3 years, according to the filing. Education-dedicated NBFC Auxilo Finserve provides education loans to students for higher studies in India and abroad and to educational institutes for infrastructure modernization. Its educational loans include all the expenses related to the course including classroom expenditures, pre-visa approvals, air-fares, et al. Auxilo has raised over $100 million across equity and debt since its inception and it competes with well-funded firms such as Grayquest, Avanse Financial, Financepeer, Propelld, Leap Finance, and Eduvanz. Auxilo recorded a 100% year-on-year growth in its revenue to Rs 356 crore in FY24 from Rs 178 crore in FY23. On the back of strong growth, its bottom line jumped 2.68X to Rs 69.2 crore in the previous fiscal (FY24). This is the fourth recent investment by the Motilal Oswal Group in Indian startups.
View Source
Exclusive: Fireside invests in lab grown jewellery brand Aukera
Entrackr
·
1y ago
Medial
Lab-grown jewellery brand Aukera has raised Rs 26.7 crore (approximately $3.2 million) in its Series A round led by Fireside Ventures. This is the first institutional investment for a year-old omnichannel brand, which mostly deals in diamonds. The board at Aukera Jewellery has passed a special resolution to issue 10 equity and 8,155 Series A CCPS at an issue price of Rs 32,713 each to raise Rs 26.7 crore, its regulatory filing sourced from the Registrar of Companies (RoC) shows. Fireside Ventures spearheaded the Series A round with Rs 23.75 crore while Sparrow Capital and Eternal Emerging Enterprises participated with Rs 1.39 crore and 1.57 crore, respectively. The company will use these funds for expansion and general corporate business, as decided by the board, the filing further added. As per TheKredible’s estimates, the company has been valued at around Rs 124 crore or $15 million post-allotment. This round appears to be an ongoing one and it may raise more capital. Following the fresh proceeds, Fireside Ventures holds a significant 19.20% stake in the company while Sparrow Capital and Eternal Enterprises will command 7.59% and 5.89% of Aukera Jewellery. With the fundraise, the company has also expanded its employee stock options pool with addition of 1,180 options. At present, its total ESOP pool consists of 1,896 options. According to TheKredible estimates, Aukera’s overall ESOP pool is worth Rs 6.20 crore. Founded in 2023, Aukera is a women-centric jewellery brand that offers lab-grown diamond jewellery in white, rose, yellow gold, and platinum. It sells its products through its website and has 2 stores in Bengaluru. The Bengaluru-based firm competes with a clutch of firms including Fiona Diamonds, Limelight Lab Grown Diamonds, and Jewelbox. Aditya Birla-backed GIVA also offers a lab-grown diamond jewellery line.
View Source
Navyug Global Ventures invests in Chennai NBFC Shrinithi Capital
VCCircle
·
3m ago
Medial
Navyug Global Ventures Pvt Ltd, led by Nikhil Chandan, invested Rs 16 crore ($1.8 million) in Shrinithi Capital, a Chennai-based NBFC. An additional Rs 10 crore is planned by June 30. Shrinithi Capital, with 58 branches in Tamil Nadu, serves underserved segments offering loans for vehicles, construction equipment, and working capital. The funds will boost commercial vehicle financing and rural micro-lending, while expanding into loans against property. Navyug Global focuses on high-potential startups in various sectors.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in