funding
Beauty Brands Companies Finance News

Beauty & Personal Care Brand Pilgrim Raises $20 Mn In Series B Funding

Pilgrim, a beauty and personal care brand has raised USD 20 million in Series B funding led by Vertex Ventures Southeast Asia and India along with existing investors Fireside Ventures & Narotam Sekhsaria Family Office. Currently, at Rs 300 crore ARR, the brand is committed to scaling to Rs 1000CR ARR by 2025. Commenting on […]

Read More
Brands Companies Finance Interviews News

FNP May Go Public By 2025, Amid Rapid Expansion

Ferns N Petals (FNP), the leading gifting brand in India, is considering the possibility of going public with an Initial Public Offering (IPO) by 2025, while also evaluating the prospect of securing additional funding in 2024, Vikaas Gutgutia, Founder & MD of the company told BW Retail World. “We are expanding,” said Gutgutia, “We probably […]

Read More
Companies Manufacturing News

Adani Enterprises Subsidiary Secures $394 Mn For Solar Module Manufacturing Facility

Adani Enterprises Subsidiary Raises Rs 3,231 Crore (USD 394 Million) from Barclays and Deutsche Bank for Solar Module Manufacturing Facility. In a significant boost to its business endeavours, an arm of Adani Enterprises has successfully secured Rs 3,231 crore (USD 394 million) from Barclays PLC and Deutsche Bank AG to meet its working capital requirements. […]

Read More
Companies News

Dunzo Seeks Additional Funding From Reliance Retail Amid Fundraising Challenges

According to the reports, Dunzo, a cash-strapped startup, is seeking an additional Rs 164 crore (approximately USD 20 million) from Reliance Retail, it’s largest shareholder. This request comes after Dunzo fell short of its target of raising USD 75 million through the issuance of convertible notes. In April, Dunzo managed to raise only USD 45 […]

Read More
Companies FMCG Food News

D2C Brand Mitra Opens Alwar Oil Plant, Targets $2 Mn In Pre-Series A Funding

Mitra, a direct-to-consumer (D2C) and Fast Moving Consumer Goods (FMCG) brand has opened its Alwar Oil Plant. According to the company, it has imported advanced machinery from Germany, ensuring a no-human-touch manufacturing process. Subsequently, the decision to set up the plant was driven by market demand and the need to introduce new oils, including soya […]

Read More
Companies E-commerce & Marketplaces News

NimbusPost, Recur Club Partners To Provide Financing For Ecommerce Sellers

NimbusPost, a tech-enabled logistics service provider, recently announced an alliance with Recur Club, an alternative financing platform. This partnership will provide financing options to NimbusPost’s clientele base of more than 80,000 ecommerce sellers and D2C brands for their marketing and inventory spending, allowing better cash flow. According to the company, eligible ecommerce sellers on the […]

Read More
Companies Food News

Plant-based Protein Brand Evolved Foods Raises Rs 7.30 Cr In Seed Round

Evolved Foods, a plant-based protein company, has closed of its seed round of Rs 7.30 Crore, according to an official statement. The round was led by marquee investors like Zerodha-backed Rainmatter Health and Kamala Capital. The round also saw participation from Anvitha Prashanth (Anyaa Ventures), and Aprameya Radhakrishna (Founder of KOO App); and a group […]

Read More
Companies News

XYXX Raises Rs 110 Cr In Series C Funding Round

XYXX, men’s premium innerwear and lifestyle brand has raised Rs 110 crore in series C finding round, led by Amazon Smbhav Venture Fund. According to an official statement that the brand continues to be backed in this round by all existing institutional investors including Sauce.vc, Anicut Capital, DSG Consumer Partners and Singularity Growth Opportunities Fund. […]

Read More