[Indian Startup Funding Weekly Roundup February 19 to February 23] Yulu, Ghost Kitchens India, Indic Wisdom, Beyoung, Two Others Raise Funding
Several Indian startups have raised funds across various categories from February 19 to February 23, including mobility-as-a-service, supply chain fintech, e-commerce, etc. We will highlight six such transactions, including how these startups plan to use the raised capital. Yulu | Mobility-as-a-Service Electric two-wheeler firm Yulu has made headlines by raising […]
The Ayurveda Company Raises $12.2 Million In Series A Funding
The Ayurveda Company (T.A.C), a Gurugram-based Direct-to-consumer (D2C) ayurvedic brand, has raised $12.2 million (around Rs 100 crore) in a Series A funding round led by Sixth Sense Ventures. Actor Kajal Agarwal, with a host of startup founders and venture debt funds, also participated in the funding round. As per the startup, […]
D2C Fashion Brand D’chica Raises Fresh Funding From Velocity
D’chica, a Delhi-NCR based direct-to-consumer (D2C) fashion brand, has raised Rs 1.62 crore from revenue-based financier Velocity. As per the startup, the raised funds will be deployed for hiring and marketing. D’chica | Gen Z Focussed D2C Fashion Brand Founded by Vani Chugh Kabra and Richa Kapila in 2019, D’chica is a […]
SuperCluster Pi Raises $2 Million In Funding
SuperCluster Pi, a House of Brands (HoB) startup, has raised $2 million in a seed funding round. Led by Bobby Balachandran of Exterro Inc, the funding round saw participation from marquee angel networks such as Inflection Point Ventures (IPV), Hyderabad Angels, Faad Network and AngelBay. The funding round also saw […]
D2C Brand Wakefit Raises Rs 320 Crore In Series D Funding
Wakefit Innovations Pvt. Ltd has raised Rs 320 crore (about $40 million) in a Series D funding round led by Bahrain’s alternative investment firm Investcorp. The funding round also saw participation from existing investors Sequoia Capital India, Verlinvest and SIG. As per the startup, the raised funds will enable it […]
Hair Extension Brand Hair Originals Raises $1.25 Million In Funding
Hair Originals, a homegrown luxury hair care brand, has raised $1.25 million from Anicut Capital, Kesh Kala Family Office, JITO Angel Network (JAN), Dexter Angels, Lets Venture, Pankaj Chaddah (Ex Co-founder Zomato) and Ahana Gautam (Founder, Open Secret). As per the startup, the raised funds will be used to scale […]
D2C Brand Beco Raises $3 Million In Fresh Funding
Beco, a Mumbai-based sustainable D2C brand, has raised $3 million in its Series A funding round led by Rukum Capital along with Priyavrata Mafatlal, Better Capital, Prashant Pittie and Titan Capital. The funding round also saw participation from Arjun Purkayastha, Harish Narayanan, Bimal Parekh, Sweta Amrish Rau, Rehan Shaikh, Shantanu […]
D2C Brand Acefour Accessories Raises $7M In Pre-Series A Round
D2C brand Acefour Accessories has raised $7 million in a Pre-Series A funding round led by Sixth Sense Ventures, with participation from Volrado Venture Partners. The raised funds will be used for working capital requirements and product building as per the startup. Acefour Accessories | Travel Accessories Brand Founded by Sudip Ghose, Acefour Accessories is […]
Indian D2C Brands Estimated To Become A $60 Billion Industry By FY27
According to the latest report by Shiprocket in collaboration with the Confederation of Indian Industries (CII) and Praxis Global Alliance, Indian Direct-to-consumer (D2C) brands are estimated to become a $60 billion industry by FY27, growing at a CAGR (compound annual growth rate) of about 40%. The report, which aims to […]
D2C Brand Teamonk Raises Rs 3.5 Crore In Pre-series A Round
Teamonk, a D2C tea brand, has raised Rs 3.5 crore in a pre-series A round led by early-stage angel investing platform Inflection Point Ventures. As per the startup, the raised funds will help expand its reach in the domestic market as well as expand its presence in international markets. Teamonk […]