In a major move to transform the way Indians cook, Beyond Appliances, a Bengaluru-based smart kitchen appliance startup, has raised $2 million in seed funding. The goal? To turn traditional kitchens into smart, connected spaces, making cooking more efficient, fun, and modern. With the backing of top investors and a strong lineup of innovative products, Beyond Appliances is on track to shake up the…
Moglix, a leading B2B e-commerce platform, has made a significant move in the industrial procurement and sustainable packaging sectors by acquiring Khatema Fibres, a well-established paper manufacturing company, for Rs 80 crore. This acquisition strengthens Moglix’s commitment to sustainability and aligns with its broader vision of supporting India’s growth goals under the “Viksit Bharat”…
Overview of the Funding Round
Direct-to-consumer (D2C) FMCG startup Mitra has successfully raised Rs 11 crore (approximately $1.3 million) in a pre-Series A funding round. The round was led by Bestvantage Investments and a prominent family office based in Dubai. Notable participants included Arjun Vaidya, founder of V3 Ventures and former CEO of Dr Vaidya’s, Ashok, Ajay Kumar, ex-COO of Pizza…
Google is set to begin production of its Pixel 8 phones in Tamil Nadu, marking a significant move in its strategy to expand manufacturing and foster technological development in India. The announcement follows the signing of a memorandum of understanding (MoU) between Google and the Government of Tamil Nadu, with the agreement formalized during a meeting with Chief Minister M.K. Stalin at…
