Beauty Brand ‘Plum’ Sees Revenue Growth Of 140% In FY20, Also Maintains Profitability
Pureplay Skin Sciences, a new-age beauty & grooming company that runs beauty brands Plum and Phy, has recorded a total income of INR 53 Cr in the fiscal year ended March 31, 2020 (FY20). The company maintained its profitability for a second straight year and saw a year-on-year (YoY) growth […]
Kids-Focused Fintech Platform ‘Junio’ Raises Seed Capital From Kunal Shah
Junio, a kids-focused fintech platform, has raised seed capital from Kunal Shah. As per regulatory filings, Junio has allotted 75,000 convertible debentures at Rs 100 each to Shah’s QED Innovation Labs to raise Rs 75 lakh. First reported by entrackr, the company is also in an advanced stage to raise […]
Venture Capital Fund 100X.VC Announces Its New Portfolio Of 10 Seed-Stage Startups
100X.VC, a Mumbai-based venture capital fund, has announced its new portfolio of 10 seed-stage startups as part of its Class-03 portfolio. The selected ten startups cater to multiple categories, including Artificial Intelligence, F&B, edtech, SaaS, robotics, and healthcare. [Read: Top 9 Active Venture Capital Firms In India] Handpicked from 1,677 […]
Noida-Based Cold Chain Startup Inficold Raises $900,000 In Funding
Noida-based startup Inficold has raised $900,000 (Rs 6.5 crore approximately) as a part of its Pre-Series A funding round from RVCF and other undisclosed HNIs. As per the Inficold, it will use the raised funds to expand its overall manufacturing, sales, and servicing capabilities. Started by Himanshu Pokharna and Nitin Goel in 2015, […]
Foodtech Giant Zomato Acquires Full-Stack Sports Platform Fitso
Foodtech giant Zomato has acquired 100% stake in full-stack sports platform Fitso via cash-and-equity deal, worth about 800 million rupees (US$11 million) to 1 billion rupees (US$13.7 million). Reported by entrackr, this is the first acquisition by Zomato after UberEats was bought by the startup in January 2020. As per […]
Amplus Solar Launches The MILES Challenge For Clean Energy Startups
Amplus Solar, a Gurugram-headquartered leading distributed energy company, has announced the launch of The MILES (M+Innovation Lab for Energy and Sustainability) Challenge for startups providing clean energy solutions in India. The challenge has been launched in association with GoMassive Earth Network, an angel investor forum aimed at sustainability. Amplus Solar […]
VC Firm ‘Antler’ To Invest More Than $100 Million In Indian Startups
Antler, a Global early-stage venture capital (VC) fund, plans to invest more than $100 million across Indian technology startups in the next four years. To manage the money, Antler has appointed seasoned investor Nitin Sharma as partner and co-lead for its India operations. Nitin Sharma is a seasoned investor and had […]
Live Game Streaming And Community Platform ‘Turnip’ Raises $1.63 Million In Seed Funding
Turnip, a live game streaming and community platform, has raised $1.63 million in seed funding from Elevation Capital. The investor stated that Turnip plans to use the funds to expand its reach to millions of gaming communities by building a scalable and pioneering product. Turnip also plans to recruit talented […]
National Startup Advisory Council Nominates 28 Non-Official Members From The Startup Ecosystem
The National Startup Advisory Council (NSAC) has nominated 28 non-official members on the committee to advise the government on efforts needed to build a strong startup ecosystem. As per a statement issued by the government, the members of this council include founders of startups like BYJU’S, Ola, Zoho, and Snapdeal. […]
Social E-Commerce Platform ‘ShopG’ Raises $1.5 Million In Seed Funding
ShopG, a Social eCommerce platform has raised $1.5 million seed funding round led by Orios Venture Partners and RPSG Ventures. The funding round also saw participation from angel investors, including Alibaba; Rajesh Yabaji (CEO of Blackbuck), Raghunandan G (former CEO of Taxi for Sure) and Prasanth Nair. As per the […]