In a major push to tackle India’s mounting plastic waste crisis, Recove, a tech-driven plastics recycling startup, has raised Rs 5.3 crore from Momentum Capital to transform the country’s recycling supply chain. The startup, founded in 2024 by Viral Chhajer, Nirja Bhatt, and Sharan Subaiah, is aiming to build India’s first tech-enabled B2B marketplace for plastic recyclables, promising…
In a major pre-IPO move, 3State Ventures, the Singapore-based investment firm founded by Flipkart co-founder Binny Bansal, has invested Rs 160 crore in Curefoods, the health-focused food delivery company, ahead of its initial public offering (IPO). The development signals strong investor confidence in the rapidly growing Indian food-tech and wellness market.
According to Curefoods’ filing with…
Bengaluru, India: Cloud kitchen operator Curefoods has secured Rs 160 crore ($18 million) in a pre-IPO placement from 3State Ventures, the investment arm of Flipkart co-founder Binny Bansal. The company allotted 1.28 crore equity shares at Rs 124 per share to 3State Ventures, signaling strong investor confidence ahead of its public listing.
IPO Plans and DRHP Filing
Curefoods filed its draft red…
Binny Bansal’s ₹70 Crore Bet on the Future: Is This Institute the Next Big Thing in Tech Innovation?
Flipkart Co-Founder Binny Bansal is shaking up India’s tech scene with a game-changing move that could revolutionize the way we think about technology. In a jaw-dropping announcement, Bansal has committed a staggering ₹70 crore to establish the Binny Bansal Institute for Inventing the Future (IIF) in Mohali, Punjab. This isn’t just any tech institute—this is a bold leap into the future of…
After shaking up the e-commerce world with Flipkart, Binny Bansal is back with a bold new startup aimed at helping consumer brands expand across Asia. His latest venture, Opptra, promises to be a game-changer for businesses looking to scale and overcome the many challenges of entering new markets.
So, what exactly is Opptra and how does it plan to help brands navigate the complexities of…
Allo Health’s Big Move in Sexual Health and Beyond
Allo Health, a sexual health startup backed by Flipkart co-founder Binny Bansal, has successfully raised Rs 16 crore in a pre-Series A funding round. The round was led by Zerodha’s investment arm Rainmatter, with support from existing investors.
This fresh capital will enable Allo Health to expand its physical clinic network, enhance its…
Bengaluru-based NFT startup Lysto has raised $3 million seed capital from BEENEXT, Better Capital and Cloud Capital.
Angel investors including Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan also partook in the round.
The recently raised fund will be utilized in item improvement and expansion of its team size.
The company assembles APIs…
Bengaluru-based NFT startup Lysto has raised $3 million seed capital from BEENEXT, Better Capital and Cloud Capital.
Private supporters including Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan additionally took part in the round.
The recently raised asset will be utilized in item improvement and development of its group size.
The…
Spottabl, a SaaS-enabled full-stack hiring platform, has raised Rs 3.5 crore in its seed round. The round saw participation from Paradigm Shift VC, LetsVenture, Binny Bansal and others.
According to Spottabl, the assets will be used towards building a scalable self-serve item and start development initiatives for capturing recruiter agency supply.
Founded by Vanishri Deshpande, Spottabl is a…
Tech stage Zoko on Wednesday said it raised $1.4 million (about Rs 10.2 crore) in seed financing from Y Combinator and marquee private backers Ryan Hoover, Flipkart Co-author Binny Bansal’s family office, and others.
As per the assertion, the startup will utilize the new round of subsidizing to reinforce its designing and create preparing content in a few dialects, which can help more clients…
