Direct2U, a B2B2C-assisted e-commerce platform and a brand of Flow Commerce Private Limited, has successfully raised Rs.1.8 Cr in a Seed Round led by Inflection Point Ventures (IPV). The funds raised will be utilized for technology development, hiring, marketing, and expansion plans. Direct2U aims to simplify cross-border e-commerce, making it accessible to businesses of all […]

CommerceIQ, a retail ecommerce management platform enters the unicorn club after raising US$115 million in its Series D funding round led by SoftBank Vision Fund 2. The latest funding round that takes the startup’s valuation at more than US$1 billion also saw participation from existing institutional investors including Trinity Ventures, Insight Partners, Madrona Venture Group, […]

DealShare, a social ecommerce startup has raised US$45 million funding in its extended Series E financing round from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The latest infusion brings the company’s valuation to US$1.7 billion. Sourjyendu Medda, Founder and Chief Business Officer DealShare, said, “We are in touching distance of hitting $1B […]

India-based B2B ecommerce platform Moglix has raised US$250 million in a Series F funding round led by existing investors Alpha Wave and Tiger Global along with a new Hong Kong-based investor Ward Ferry. The new funding round raises the startup’s valuation at US$2.6 billion. According to the company, the round comprised US$170 million in equity […]

India-based B2B ecommerce startup Udaan has raised US$250 million funding through convertible note and debt as it looks to scale its operations in the country. According to the company, it has raised US$200 million through convertible note and US$50 million via debt. Udaan has not disclosed the name of its investors as yet, however, CEO […]

India-based ecommerce platform Honasa Consumer Pvt. Ltd. has become the first unicorn of 2022 in the country with a US$52 million funding round led by Sequoia Capital along with participation from Sofina Ventures, a Belgium-based investment fund and Evolvence, a UAE-based India focused fund. Honasa Consumer that sells personal-care products under the label Mamaearth, House […]

AgroStar has announced today that it has raised $70 million in its Series D funding round from Evolvence, global asset manager Schroders Capital, Hero Enterprise, and UK’s development finance institution CDC. The round also saw participation from existing investors Aavishkaar Capital, Accel, Bertelsmann, Chiratae Ventures, and Rabo Frontier Ventures. The Raine Group was the exclusive […]

India-based ecommerce enablement startup GoKwik has secured $15 million in a Series A funding round led by Sequoia Capital India along with participation from existing investors-RTP Global and Matrix Partners India. The Series A funding comes just after the company raised about $5.5 million in pre-Series A round in September this year. GoKwik will deploy […]

Indian technology-led house of brands player Mensa Brands has recently raised $135 million in Series B funding round led by Alpha Wave Ventures (Falcon Edge Capital’s growth stage platform) at a valuation of about $1.2 billion. The funding round was joined by existing investors including Norwest Venture Partners, Tiger Global Ventures, and Accel Partners along […]

India-based digital media and lifestyle content platform ScoopWhoop has been acquired by the content-to-commerce company, The Good Glamm Group for an undisclosed sum. This is Good Glamm Group’s second acquisition in less than a month, it had acquired the baby and mother care brand The Moms Co, which was one of the largest deals in […]