Furlenco, a furniture rental company, has raised Rs 1,000 crore in a mix of debt and equity in Zinnia Global Fund led funding round. The round also saw participation from existing investors Lightbox Ventures and CE-Ventures. “With this new fundraise, the company will cater to much larger audiences with more tailored solutions and brand new…
Dunzo, a hyperlocal delivery startup, announced it has raised $40 million in Series E funding round from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria among others. The company plans to focus on sustainable growth across its fastest-growing cities such as Mumbai, Chennai, and Pune in the…
Cityflo, an app-based bus service that provides a commute experience for corporate professionals in Mumbai, has raised Rs 57 crore in Series A funding led by Lightbox Ventures. Existing investor India Quotient along with other angel investors also participated in the round. Earlier in 2019, India Quotient had invested Rs 3 crore into the startup…
Melorra announced that it has raised $12.50 million in funding from Symphony Asia, Lightbox Ventures and Alteria Capital. Existing investors and new family offices of Burman, Jeejeebhoy, others also participated in the funding round. The startup will use the funds for technological innovations, product innovations, and marketing to grow the brand awareness and position Melorra…
Dunzo, an all-in-one 24X7 delivery platform that picks and delivers anything and everything within the city, announced that it has raised $28 million in its ongoing Series E funding round led by Google and Lightstone Fund, according to YourStory report. Dunzo has issued compulsorily convertible preference shares (CCPS) to both Google and Lightstone with each…
Flinto Learning Solutions, a Chennai-based edtech startup that engages children with fun and creative activity boxes, announced that it has raised $7.2 million pre-Series B funding led by Lightbox Ventures. The Company will utilise the fund infusion to support its rapid growth in the early learning space and to expand its newly-launched preschool solution Flintoclass@HOME. …
Bengaluru-based hyperlocal services provider Dunzo recently announced that it has raised $11mn in debt funding round from Alteria Capital. With the latest fund infusion, Dunzo is seeking to scale up its operations in the locations where the company is profitable. Kabeer Biswas, CEO, and Co-Founder of Dunzo said that the debt funding will help the…