Oasis Fertility, a specialty healthcare firm, has announced a $50 million investment from Kedaara Capital. The private equity firm will help the startup make strategic inroads in the existing market. “Oasis has established a scalable, reproducible platform and supports a distinct culture with clinical quality and ethics at its center,” stated Nishant Sharma, Kedaara Capital’s…
Swiggy, an on-demand delivery service, has announced a permanent work-from-anywhere option for the majority of roles and expanded its Future of Work policy. The firm said in a statement on Friday that the decision was made based on team needs and input from various managers and employees who vouched for the freedom and enhanced productivity…
Mukesh Ambani has announced that his daughter Isha Ambani will become the new chairperson of Reliance Retail in another effort to secure his heirs. She is Reliance Retail Ventures Limited’s current director. In a move that was a part of the 65-year-old billionaire’s succession plan in the $217 billion company, her twin brother Akash Ambani…
Onesto Labs, which has been renamed Innovist, has raised USD 3.5 million in funding. Existing investors Accel Partners and 72 Ventures led the Pre-Series A-fundraising round. Sauce (Manu Chandra) and Arihant Patni (Patni Family Office) also participated in the round, as did new investors Jani Ventures Inc, Nihir Parikh, Rashmi Kwatra (Sixteen Street Capital), Alok…
Purplle, a beauty retailer, has announced that it has raised $33 million in its current Series E fundraising round, valuing the company at over $1 billion. According to numerous media sources, this latest milestone puts the start-up as India’s 98th Unicorn. Purplle, which competes with Falguni Nayar’s Nykaa beauty brand, had previously obtained four rounds…
Ecommerce platform Pine Labs today reported the appointment of Vijayalakshmi Swaminathan as the organization’s Chief People Officer (CPO). She takes over from Anu Mathew who will currently progress into the job of the head of learning and improvement at Pine Labs. Swaminathan joined Pine Labs from Amazon India where she was doing the HR work.…
Agritech firm Better Origin has reported that they raised €14.6 million ($15.8 Mn) in a Series A financing round, which was driven by new financial backer Balderton Capital alongside existing ones Fly Ventures and Metavallon VC. Established in 2019 with the expect to rejuvenate the worldwide food inventory network, CEO Fotis Fotiadis and CSO Miha…
India’s initially direct-to-consumer (D2C) unicorn, Licious, has brought $150 million up in Series F2 financing round, driven by Amansa Capital, Kotak PE and Axis Growth Avenues AIF – I. Existing financial backers have additionally partaken in the round alongside unmistakable private supporters including Nithin and Nikhil Kamath of Zerodha, BoAt’s Aman Gupta and Haresh Chawla,…
Edtech startup Eruditus has declared that it has gotten a $350 Mn debt financing bargain from Canada Pension Plan Investment Board (CPPIB) to grow its consolidation and securing plans in worldwide business sectors. The startup, which creates chief instruction, would likewise take a gander at raising value capital after this debt financing in the final…
Home interior and renovation platform Livspace, in a statement said that it crossed the billion-dollar valuation mark as it raised $180 million in a Series F funding round which was led by global investment firm KKR. The Ikea-backed home renovation business is now the 86th unicorn from India. To help its aggressive development plans, Livspace…