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Ice cream brand Hocco has raised $10 Mn (INR 85.56 Cr) as a part of its $20 Mn (INR 171.28 Cr) Series B funding round. The round was co-led by Chona family office and Sauce.vc The company plans to use the fresh capital primarily to expand its produc

Wait What ?? Thats Smart Move 🔥 Climate-focussed PE firm Eversource Capital is in talks to acquire BluSmart, which is in trouble following the crisis at its related entity Gensol, sources told Inc42. Eversource has offered to acquire the EV ride-

Top News of Today (7th June 2024)- 1. Consumer lending startup Fibe raises Rs. 720 Cr ($90 Mn). 2. Byju's term-loan lenders kick off bankruptcy proceedings against its US assets 3. NPCI Inks Pact With Peru To Build UPI-Like Payments System 4. Testsi

B2B ecommerce company IndiaMART InterMESH Limited has completed the buyout of SaaS startup Livekeeping Technologies through a secondary deal worth INR 26.78 Cr ($3.1 Mn). It must be noted that IndiaMART initially acquired a majority 51.09% stake in

Top News of Today (12th August 2024): 1) Wealth-tech startup Centricity to raise Rs. 125 Cr ($15 mn) at Rs. 800 Cr ($100 mn) valuation. 2) MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25. 3) Payment gateway and PoS firm Innoviti closes Series E fundi

Playbook Partners To Infuse $20 Mn Each In 12-15 Startups Over 2 Years Choudhury told news agency PTI that the firm will focus on companies with over INR 100 Cr turnover across sectors such as SaaS, ecommerce, healthtech, among others He also said

Top News of the Week 1. Funding - Enterprisetech unicorn Zetwork raised $70 Mn this week, closing the year with $90 Mn in fresh capital. The IPO-bound startup bagged fresh funds from Indigo cofounder Rakesh Gangwal, Khosla Ventures, Greenoaks, Aven

OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners. Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his

D2C snacking brand Farmley has secured $40 Mn (around INR 338.8 Cr) in a Series C funding round led by L Catterton, along with participation from existing investor DSG Consumer Partners. The startup plans to use the fresh capital to further scale up

Indore-based Shuru, a hyperlocal community app launched by Roposo cofounder Mayank Bhangadia, has raised INR 29 Cr (around $3.37 Mn) in a funding round led by South Korean gaming major KRAFTON’s India arm, with participation from Omidyar Network Indi