Jumbotail, India’s leading New Retail platform and B2B marketplace for food and grocery products, has raised INR 35 Crore from Alteria Capital. This venture debt round comes after a $25M equity round concluded in January 2021. The company plans to use the funds to expand its operations across the entire country, fund its working capital…
Zolostays, a Bengaluru-based co-living startup, announced that it has raised $56 million Series C funding led by Investcorp, Nexus Venture Partners, Mirae Assets, and Trifecta Capital, among others. Founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhry, Zolostays earlier raised more than $40 million from the likes of IDFC Alternatives; Mirae Asset; Nexus…
B9 Beverages, which owns and sells craft beer brand Bira 91, announced that it has raised $20 million in bridge financing from two of its existing investors– Sequoia Capital India and Belgium’s Sofina. Other investors that took part in the funding round include Korean private equity fund Neoplux and multiple family offices, whose names remain…