Luggage Brand Fur Jaden Secures Rs 9.5 Cr Funding From GCCF
Over the next 16 to 18 months, the brand aims to achieve an annual recurring revenue (ARR) of Rs 100 crore in net revenue
Over the next 16 to 18 months, the brand aims to achieve an annual recurring revenue (ARR) of Rs 100 crore in net revenue
The brand aims to add 50 new stores, scaling its footprint to 100 outlets by the end of 2025
The second fund will target high-growth sectors such as retail, education, healthcare and fast-moving consumer goods (FMCG), with a continued focus on India and Southeast Asia
Adukale, a direct-to-consumer snacks and instant foods maker has successfully secured Rs 11 crore in a funding round led by venture fund Force Ventures. According to Vinay Gopinath, the chief growth officer, the funds will primarily fuel the company’s offline expansion efforts. Established in 2009, Adukale specializes in selling a diverse range of snacks and […]
Biggies Burger, a homegrown burger restaurant, has secured an undisclosed sum in pre-series A fundraising at a valuation of Rs 210 crore, the company announced in a press statement on Monday. With this cash, the business intends to expand its marketing operations. “We are incredibly excited to leverage these resources to further strengthen our brand, […]
Indian ecommerce giant Flipkart has been engaged in discussions in recent weeks regarding a potential acquisition of Dunzo, the hyperlocal delivery startup backed by Reliance Retail, according to media reports. However, complexities surrounding Dunzo’s ownership structure have reportedly posed challenges in finalising an acquisition deal, as per a media report. Despite these challenges, talks between […]
The Baker’s Dozen (TBD), an artisanal bakery brand, has raised Rs 33 Crore in the pre-series A funding round. The investment round, was spearheaded by Wipro Consumer Care – Ventures, Fireside Ventures, Mirabilis Investment Trust and She Capital. This strategic investment will be channeled towards expanding TBD’s presence beyond metros, targeting growing markets in non-metro […]
Country Delight, a direct-to-consumer (D2C) fresh foods brand has raised around USD 20 million (around Rs 164 crore) in a funding round led by Singapore’s sovereign fund Temasek, which is one of its backers. In addition to Temasek-owned asset management business Seviora, which invested through its agriculture and food-focused investment vehicle, Seviora T3F Fund, another […]
Invesco, the US-based asset management company, has once again revised the valuation of Indian food delivery giant Swiggy, raising it to USD 8.3 billion, according to recent regulatory filing. This marks the second consecutive adjustment to Swiggy’s valuation by Invesco. As of 21 October 2023, Invesco held 28,844 shares in Swiggy, with a total value […]
BlissClub, a Bengaluru-based direct-to-consumer (D2C) activewear brand focused on women, witnessed a significant surge in its operating revenue, reaching Rs 68 crore for the financial year ending 31 March 2023. However, the company also experienced increased losses, amounting to Rs 36 crore, marking a fourfold rise compared to the same period in the previous year, […]