Tag: funding round
Zepto’s cash burn hits ₹250 crore a month, 6x more than May: Report
Zepto’s monthly cash burn has surged to over ₹250 crore in the past two months, amid intensifying competition in the quick commerce sector. Zepto’s monthly…
Lahori: Beverage company Lahori eyes Rs 400 crore taking valuation up 3x to Rs 2,700 crore
Chandigarh-based beverage maker Lahori, which sells carbonated non-alcoholic drinks in local flavours, has held discussions with multiple investors to close a Rs 400 crore round…
Atomberg: Atomberg’s revenue rises 31% to Rs 848 crore
Consumer appliances maker Atomberg Technologies reported a 31.4% increase in operational revenue to Rs 848 crore for 2023-24 from Rs 645 crore in the previous…
AI startup Neysa raises $30 million in funding round led by NTTVC, others
Neysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, has raised $30 million (about Rs 252 crore) in a funding round co-led by existing…
Shadowfax: Logistics firm Shadowfax eyes $50 million, doubling value to $700 million
Flipkart-backed hyperlocal logistics startup Shadowfax is in advanced stages of closing a funding round of Rs 350-400 crore ($45-50 million) that is likely to double…
Yoho: Footwear startup Yoho bags Rs 27 crore, eyes offline and international expansion
Direct-to-consumer (D2C) footwear startup Yoho has raised Rs 27 crore in a funding round led by Gulf Islamic Investments (GII), a global alternative investment firm,…
Tiger Global-backed Toplyne shuts shop on inability to achieve product-market mix
Tiger Global-backed Toplyne, a sales software provider for product-led companies on Friday said that it is shutting down operations due to its inability to achieve…
Scribenote: AI startup Scribenote raises $8.2 million in Andreessen Horowitz-led funding round
Scribenote, a startup that uses AI to generate medical records for veterinarians, said on Monday it has raised $8.2 million in an early-stage funding round…
Qure.ai: Lightspeed may lead $50-60 million round in healthcare company Qure AI
Venture fund Lightspeed, through its growth fund, is set to lead a $50-60 million deal with Qure.ai, which provides artificial intelligence-based decision support tools for…
hosteller: A backpacker hostel chain, The Hosteller raises $4 million from V3 Ventures, others
The Hosteller, a backpacker hostel chain, has raised $4 million (Rs 32 crore) at a valuation of about $25 million in a funding round led…