Yu, a consumer brand that is re-imagining consumer packaged foods with their 100% natural Instant Meal Bowls, has secured USD 1 million in its pre-Series A round. The round saw participation from Manish Choksi and Varun Vakil, part of the Asian Paints promoter group, Lalvani family, UK-based food & hospitality group; Nikhil Srivastava, Head of…
Etrio, an electric vehicle retro fitment kit maker announced that it has raised $3 million in its Series A funding round from a group of HNIs. The funding will be used to diversify its business into making electric three-wheelers and e-bicycles. The company has been working on electrification kits for Maruti Suzuki’s Alto and Dzire,…
Market Pulse, a Fintech startup that helps people navigate through and profit off financial markets, announced that it has raised $750,000 in pre-Series A funding led by HNIs. The investors include Ameet Desai (Founder, Anubhuti Advisors LLP and Ex-Group CFO, Adani Group), Aditya Goel (Director, Securcap, UK), Rashmi Kwatra (Founder and CIO, Sixteenth Street Capital),…
MPowered, a Gurugram-based asset management firm, announced that it has raised a $21 million pre-series A funding round led by a group of US-based HNIs investors. The round is led by serial entrepreneurs Ashok and Shelly Nichani. The funding will be used by the firm to invest in real estate verticals such as warehousing, residential…