The Sleep Company, a direct to consumer mattress maker, said it has raised Rs 184 crore in its Series C round where existing investors like Premji Invest and Fireside Ventures doubled down on their commitment to the company, according to Moneycontrol report. As reported earlier, the company will use the funds to increase its product…
SpotDraft, the leading AI-powered Contract Lifecycle Management (CLM) solution for high-growth startups and scaleups, announced it closed $26 million in Series A funding. The round was led by Premji Invest, with participation from Prosus Ventures, 021 Capital, Arkam Ventures, Riverwalk Holdings, and 100x Entrepreneur Fund. The cash infusion is earmarked for further product development and…
Heyday, a platform for brand building, pioneering a marketplace-first approach to creating the next-generation consumer products company, has announced the close of its $555 million Series C funding round. The round was co-led by technology investors The Raine Group and Premji Invest with participation from existing investors General Catalyst, Victory Park Capital, and Khosla Ventures.…
BrightChamps, a global platform for kids to learn next-generation skills has recently announced that it has raised $63 million to emerge as one of the fastest growing Edtech startups to reach a valuation of nearly half a billion dollar in little over a year, according to a statement. The investment round saw contributions from multiple…
Global media SaaS technology company Amagi Saturday has announced that it has secured over $100 million in funding round from Avataar Ventures, Accel Partners, Premji Invest and Norwest Venture Partners. Speaking on the announcement, Baskar Subramanian, Co-founder and CEO of Amagi, stated, “Amagi will immensely benefit from the collective experience of Accel, Avataar, Norwest, and…
Online Baby and Kids Store – FirstCry has raised $315 million from a consortium of private equity investors – ChrysCapital, TPG, and Premji Invest. Founded in 2010 by Supam Maheshwari and Amitava Saha, Firstcry is now valued at around $1.9-$2.1 billion with the recent investment. Some of the brands available on FirstCry.com include Chicco, Graco,…
World’s leading investment firm, Blackstone and India’s largest integrated fashion company, Future Lifestyle Fashions Limited (FLFL) have announced that funds managed by Blackstone have invested ₹1,750cr in Ryka Commercial Ventures Pvt Ltd, the holding company of FLFL, and FLFL. With this transaction, Blackstone will be the only financial partner in Ryka. As a part of…