Norwest Venture Partners led a $75 million Series C round of fundraising for Indian social commerce startup, CityMall. The group-buying platform intends to upgrade people living in Tier-II and beyond to online buying. This is CityMall’s third fundraise in the last 1.5 years. Formed in 2019 by Angad Kikla and Naisheel Verdhan, the startup has […]

Singapore and India-based interior design startup Livspace has raised US$180 million in its Series F funding round led by KKR &Co, becoming the fifth unicorn of 2022. The funding round was also joined by existing investors such as Jungle Ventures, Venturi Partners, Ingka Group Investment, and Peugeot Investment. With the fresh infusion of funds, Livspace […]

India-based B2B seafood marketplace, Captain Fresh raises US$40 million in a Series B funding round co-led by Prosus Ventures and Tiger Global. The investment round was joined by existing investors Matrix Partners, Accel India, Incubate Fund, and Ankur Capital. With this latest funding, the startup’s valuation has jumped to nearly US$200 million compared to the […]

Ninjacart, an India-based fresh produce supply startup has raised US$145 million funding from Filpkart and Walmart that will further strengthen the startup’s vision to ensure better access to high-quality fresh produce for more consumers and retailers across India. This is the third round of investment by Flipkart and Walmart into Ninjacart that has taken the […]

Cars24, the online marketplace for used vehicles in India has secured $450 million in a fresh funding round led by SoftBank Vision Fund II, DST Global, Falcon Edge. The funding round also saw participation from Tencent and the existing investors Moore Strategic Ventures and Exor Seeds. The new funding round was a mix of $110 […]

Mittihub, an earthenware startup was launched last year by two students Abhinav Aggarwal and Megha Joshi from Rajasthan, India to connect local artisans from the state of Rajasthan, Haryana, Delhi, and Agra to sell their handmade earthenware without any middlemen. The online store sells terracotta ware delivered directly from artisans to buyers. This unique startup […]

India’s ecommerce giant Flipkart recently announced that it is acquiring Cleartrip to bolster its presence in the online travel booking segment. The Walmart-owned ecommerce major will be acquiring 100% shareholding of the online travel-tech company and its operations. However, Cleartrip will continue to operate as a separate brand and will retain all its employees while […]

Fashion clothing and dressings have always held a special place in people. With more online shopping gaining popularity and fashion industry has given much importance, smart outfits are also a necessity. Turmswear is a technology resonating apparel brand. Incorporating Nano-technology in material development, this brand is a live example of how technology changes the perspective […]