Prasannata Patwa
Stories by Prasannata Patwa
Spencer’s buys gourmet chain Nature’s Basket from Godrej for about $43m
The deal will give Spencer’s access to 36 Nature’s Basket stores in prime locations of Mumbai, Pune and Bengaluru.
India: Little Black Book raises $5m from Inventus, IAN Fund
Japanese investors Dream incubator and Akatsuki Entertainment Technology (AET) Fund, and existing investors Blume Venture, and Chiratae Ventures also
Ace entrepreneurs in India make comebacks in familiar territory
Darshan Patel, who sold Paras Pharma in 2006, has made a come back with Vini Cosmetics, while Crompton Greaves's Gautam Thapar is looking to re-enter
India: Pickyourtrail bags $3m from Freshwork co-founder, others
After getting more than 10,000 travellers on board, the Chennai-based start-up will use “a major chunk of this fund" for brand building.
India: Sequoia, Omidyar back $3.5m funding in news aggregator Dailyhunt
Dailyhunt has already raised Rs 36.9 crore in an earlier Series E2 funding round from Singapore-based venture capital firm LightVC.
India: Payments platform Instamojo bags $7m from Gunosy, Kalaari, others
The investments will be used for developing the mobile app further and expanding the team.
India: Content startup Pratilipi in funding talks to raise $20m
Pratilipi raised $4.3 million in a Series A round led by Omidyar Network in February last year.
India: Cloud kitchen InnerChef raises $6.5m in pre-Series B funding round
The company claims to have raised $10 million in funding so far.
Manch secures funding from Stellaris Venture Partners, others
A major chunk of Manch’s seed round will be used towards building technology, product team and acquiring users.
Qualcomm AI fund looks to invest in Indian healthcare, mobility-tech startups
Qualcomm Ventures, that has backed startups such as Portea Medical, Ninjacart and YourStory, set up a $100-million AI fund in November.