BusinessNews

Ugaoo has raised $2 million in a pre-Series A round

D2C home gardening brand Ugaoo has raised $2 million in a pre-Series A round drove by DSG Consumer Partners and RPG Ventures. The startup plans to use the funds to expand its regional presence with center points and garden centers in Bangalore, Delhi, Kolkata and collaborate with international plant companies to introduce a more extensive range of intriguing plants and premium plant care items to…
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BusinessNews

Adonia Hospitality has raised $1 million in a seed round

Food-tech startup Adonia Hospitality has raised $1 million in a seed round from Pepperfry founders Ambareesh Murthy and Ashish Shah. The funds will be sent to set up 6 additional restaurants in the following a half year. The four-months-old company is presently operating in the casual dining and cloud kitchen fragment and is gearing up to expand in packaged and frozen food. Founded by Rupesh Kumar…
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BusinessNews

Rebel Foods has topped up its Series F round with $14.5 million

Faasos parent Rebel Foods has topped up its Series F round with $14.5 million. The company had as of late gathered up $175 million in this round at a $1.4 billion valuation to turn into the first full-stack foodtech brand to enter the pined for club of unicorns this year. Rebel Foods has passed a goal to allot 10150 Series F preference shares at an issue cost of Rs 106,058 to raise Rs 107.65 crore…
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BusinessNews

Indifi has raised Rs 340 crore or close to $47 million in a mixed round

Indifi, which operates an online lending stage that offers outsider credits to micro, little and medium enterprises, has raised Rs 340 crore or close to $47 million in a mixed round of equity and debt led by CX Partners and OP Finnfund Global Impact Fund I. Existing investors CDC Group, Omidyar Network, Flourish Ventures, Elevar Equity and Accel Partners have likewise invested in the equity…
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BusinessNews

Spinny has turned unicorn after raising around $248 million in its Series E round

Full-stack used vehicle retailing stage Spinny has turned unicorn after raising around Rs 1,849 crore or $248 million in its Series E round from new and existing investors. The fresh round has come after four months for the Gurugram-based organization which raised over $100 million in its Series D round led by Tiger Global. Spinny has passed a special resolution for the issuance of 99,660 Series E…
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BusinessNewsStartup

Drona Pay has raised $500K in a seed round

Mumbai-based SaaS instrument Drona Pay has raised $500K in a seed round from Varanium Capital, Credit Saison and from fintech veterans including Kunal Shah, Jitendra Gupta, Amrish Rau and a few others. The seed round will expand the technical and item team as the stage is witnessing footing from fin-techs and banks of India alongside boosting up its go-to-market strategies. Founded in 2021 by…
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BusinessNews

Edtech startup Vedantu has initiated its first ESOP liquidity plan worth Rs 20 crore

Edtech startup Vedantu has initiated its first ESOP liquidity plan worth Rs 20 crore for its representatives under the startups ESOP linked reward pay-out plot, according to an internal organization email. The organization will accomplish more comparable rounds later on while expanding the extent of inclusion to a greater amount of its workers, according to the email sent by Vedantus CEO Vamsi…
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BusinessNews

Adonia Hospitality has brought $1 million up in a seed round

Food-tech startup Adonia Hospitality has brought $1 million up in a seed round from Pepperfry founders Ambareesh Murthy and Ashish Shah. The subsidizes will be conveyed to set up 6 extra eateries in the following a half year. The four-months-old organization is right now operating in the relaxed dining and cloud kitchen section and is gearing up to extend in bundled and frozen food. Established by…
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BusinessNews

Mentorship platform MentorKart has gathered up $100K in it’s extended round of funding

Mentorship platform MentorKart has gathered up $100K in its stretched out round of funding from LetsVenture and entertainer Ashish Vidyarthi taking absolute assets raised to date to $250K. According to MentorKart, it will use the assets for its go-to Market plans, enhancing its platform, strengthening tech capacities, building new items and expanding groups across tech, item, and…
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BusinessNews

OfBusiness turned into the 18th startup to arrive at the unicorn by raising $360 million

OfBusiness turned into the 18th startup to arrive at the unicorn achievement recently subsequent to raising $360 million in progressive rounds drove by Softbank and Tiger Global within a range of 2 months. That makes it one of a handful of new businesses among the 39 that became unicorns this year. While it has multiplied its operating income, profit has flooded 72% during monetary ending March…
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