LOCAD, a digital logistics engine for consumer brands, has secured $9 million in a pre-Series B funding round led by Global Ventures and existing investor Reefknot Investments, with participation from other investors like Sumitomo Equity Ventures and Antler Elevate. The company offers a cloud supply chain platform that integrates smart logistics and open commerce, enabling […]
Pitchlabz
Koo co-founder Mayank Bidawatka’s new startup Billion Hearts raises $4 million funding
Funding Round: Billion Hearts Software Technologies, co-founded by Mayank Bidawatka, secured $4 million in a seed funding round led by notable investors including Blume Ventures, General Catalyst, and Athera Venture Partners, following a previous angel round of $250,000. Product Development: Founded in August 2024, the startup is focused on creating a digital consumer product intended […]
Delhi-based dairy startup Doodhvale Farms raises $3 million in funding
Doodhvale Farms, a Delhi-based startup specializing in dairy and daily essentials, secured $3 million in Series A funding led by Atomic Capital, with participation from several investors including angel investors from the industry. Founded in 2019, Doodhvale Farms utilizes a vertically integrated supply chain, directly sourcing milk from its livestock farms, which allows for fresh […]
Baanhem Ventures raises Rs 3.3 crore funding from Kumar Vembu’s Mudhal Partners
Baanhem Ventures, creators of the entrepreneurial reality show Startup Thamizha, secured Rs 3.3 crore in funding from Kumar Vembu, founder of GoFrugal Technologies, through his firm Mudhal Partners to support first-generation entrepreneurs in Tamil Nadu. Launched earlier this year by co-founders Hemachandran L. and Balachandar R., Baanhem Ventures aims to nurture local innovators and job […]
Deeptech startup Theranautilus raises $1.2 million in funding to transform dental care
Funding and Purpose: Bengaluru-based deeptech startup Theranautilus has secured $1.2 million in seed funding led by Pi Ventures, aiming to become the first global entity to commercialize nanorobotics-based medical devices, initially targeting dental hypersensitivity. Innovative Technology: Founded in 2020, Theranautilus develops nanorobotic solutions that navigate dental tissues to deliver biocompatible materials for long-term repairs, offering […]
Fintech startup PeLocal raises $2 million seed funding led by Unicorn India Ventures
PeLocal, a payment solutions provider leveraging WhatsApp for digital transactions, has raised $2 million in a seed funding round led by Unicorn India Ventures. The startup aims to expand its platform and accelerate its go-to-market strategies, targeting a jump from 3 million to 10 million monthly payment transactions within the next year. Founded in 2021 […]
Homegrown beer startup Proost raises Rs 30 crore in funding
Proost, an Indian beer startup founded in 2017, has successfully raised Rs 30 crore in an ongoing Series-A funding round led by Chimes Group and Srinivasan Namala, with participation from several angel investors. The funds will be used to enhance production capacity, expand into new markets, strengthen brand-building efforts, and diversify the product portfolio, all […]
HealthKart raises $153 million in funding, valuation hits $500 million
Funding Achievement: HealthKart, a fitness supplement brand, raised $153 million in a secondary funding round led by ChrysCapital and Motilal Oswal Alternates, with participation from Neo Group and existing investor A91 Partners. Increased Valuation: The investment values HealthKart at approximately $500 million, a significant rise from its $370 million valuation during the 2022 funding round. […]
10-minute food-delivery startup Swish raises $2 million in funding
Funding Achievement: Swish, a Bengaluru-based food-delivery startup, has secured $2 million in seed funding led by Accel, with participation from prominent angel investors, including founders of Urban Company and a former Swiggy executive. Business Model and Expansion Plans: Launched in 2024 by Aniket Shah and partners, Swish specializes in 10-minute food delivery from "delight centers" […]
MENA Region Records 9% Growth in M&A Activity, Reaching $71 Billion in Deals
In the first nine months of 2024, the MENA region recorded 522 M&A deals valued at $71 billion, marking a 9% increase in volume and 7% in value compared to 2023, highlighting the region’s growing appeal to investors. The UAE and KSA led M&A activities with 239 deals worth $24.5 billion, making up 52% of […]