Sahajan, a leading Ayurvedic and clean beauty brand, announced its first round of equity funding that will drive the brand’s North American growth, bringing its clinically-proven products to the forefront. Investors in this round of funding include Ridgeline Ventures; Wonderment Ventures; actor Yvonne Strahovski (“The Handmaid’s Tale” and “Chuck”); celebrated poet and artist, Rupi Kaur…
Tag: equity funding
Lineage Logistics raises over $700 mn in equity funding
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•Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, announced it has raised over $700 million in equity from new and existing strategic partners. “Our latest equity raise shows the confidence our investors have in Lineage’s business model and our demonstrated ability to meet demand globally in the face of macro-economic headwinds, inflationary…
Fintech startup Slice raises $20 million in equity funding
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•Payments and credit start-up Slice has announced that it has raised $20 million in equity funding round from existing investors Blume Ventures and Gunosy. Founded in 2016, slice is building financial products and services to meet the financial needs of gen z and millennials across the country. Founder & CEO – Rajan Bajaj said, “The…
Bengaluru-based Kinara Capital raises $10 mn from IndusInd Bank and U.S. International Development Finance Corporation
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•Kinara Capital, a socially responsible fintech, announced securing USD $10 million from IndusInd Bank with a 100% guaranty from the U.S. International Development Finance Corporation (DFC). This is a part of a debt and equity round of INR 100 crores, with equity contribution coming from Kinara’s existing investors – Gaja Capital, GAWA Capital, Michael &…
SaaS startup Swipez raises equity funding led by Anicut Angel Fund
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•Swipez, a Mumbai-based SaaS platform that provides a common platform for all types of merchants to manage their billing and collect payments, has secured an undisclosed amount of equity funding led by Anicut Angel Fund, according to VCCircle report. At Anicut Angel Fund, the round was led by Venkatesh Ramarathinam, chief executive officer of Vuram…
Vimeo raises $150 mn equity funding from Thrive Capital, GIC
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•Vimeo, the world’s leading professional video platform, announced a $150 million equity investment from technology investment firm Thrive Capital and GIC. “The funding comes on the heels of record growth at Vimeo—heavily driven by demand from business and corporate customers —and values the software-as-a-service (SaaS) company at $2.75 billion,” Vimeo said in its press release.…
Mumbai-based FlexiLoans raises Rs150 cr in debt and equity funding
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•FlexiLoans, a Mumbai-based online lending platform, announced that it has raised Rs 150 crore in a mix of debt and equity financing from multiple investors. The investment was led by Falguni and Sanjay Nayar Family Office. The startup plans to use the funds raised to scale up its micro SME lending and launch new lending…
Artemest raises about $5 mn in equity funding round for global exapansion
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•Artemest, the Milan and New York-based e-commerce platform selling Italian luxury design, home decor and lifestyle, announced it has raised a new round of financing with the French private equity OLMA Luxury Holdings and the Swiss holding Brahma joining the Milan-based investment firm NUO Capital in supporting financially and strategically the growth of the company.…
Celsius raises $18.8 mn equity funding from BnkToTheFuture
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•Celsius Network, the interest-earning platform, announced that it will be closing its equity funding round with over $18.8 million in investments. This raise was a unique equity offering for both qualified U.S. & non-U.S. investors, and has been now successfully raised through BnkToTheFuture, the largest online investment platform for investing in FinTech & crypto companies,…
Gurugram-based Aye Finance raises debt funding from Invest in Visions
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•Aye Finance, a Gurugram-headquartered new-age finance company providing business loans to small and micro enterprises across India, announced that it has raised about $17 million in debt funding, according to a VCCircle report. Recently, the company raised Rs 210 crore in Series E funding round. Aye Finance said that it had raised the capital from…
Mission Therapeutics raises $15mn from Pfizer Ventures
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•Drug discovery and development company Mission Therapeutics recently said that it has raised $15mn in equity investment. The funding round was led by company’s existing investor Pfizer Ventures, the venture capital arm of Pfizer Inc. Along with the investment, Mission and Pfizer Inc. have also expanded their relationship by entering into an evaluation and option…
Robotics startup Peppermint raises funding from Venture Catalysts, others
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•Peppermint, an IIT-Bombay incubated industrial robotics startup, announced that it has received an undisclosed amount of equity funding from Venture Catalysts, said the startup in a press release today. Naveen Kshatriya, former head of Castrol Asia and ANZ also participated in this seed funding round. Peppermint said they will use the current financing to scale…
Mumbai-based JM Financial raises Rs770 crore through QIP
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•Investment banker JM Financial announced the successful closure of its Qualified Institutions Placement. The Company said that it has issued and allotted 11 crore equity shares of the face value of Rs 1 each to qualified institutional buyers at an issue price of Rs.70.0 each, aggregating to Rs. 770 crore. “The committee of the board…
Learning platform Kahoot! raises $28 mn in new equity funding
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•Kahoot!, an Oslo-headquartered global learning platform, announced that it has raised a gross amount of $28 million in new equity through a private placement of 7.5 million new shares. The private placement also comprised 16.5 million existing shares and amounted to $90 million in total. The transaction took place through an accelerated bookbuilding process managed…
Sharp Sight Group of Eye Hospitals raises equity funding from InvAscent
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•Sharp Sight Group of Eye Hospitals, a Delhi-based eye-care chain that provides world class treatments for eye disorders such as Cataract, Squint, Glaucoma, Paediatric Ophthalmology, announced that it has raised Rs 70 crore in equity funding from InvAscent, a healthcare-focussed private equity firm, according to VCCircle report. Sharp Sight chief executive officer Deepshika Sharma said…