Mumbai-based pharmaceutical company Hexagon Nutrition Pvt Ltd has raised an undisclosed amount in Series A growth capital round from Somerset Indus Capital Partners. The funding will be utilized to grow its branded consumer business segment globally.
Digital payments and commerce platform Paytm’s founder and CEO Vijay Shekhar Sharma has sold 1% of his holding in One97 Communications to raise about INR 325 crore. This money will be pumped into the group’s proposed payments bank.
Space technology company Astrome Technologies Pvt Ltd, is in talks to raise a pre-Series A round of funding from a clutch of investors in the next couple of weeks. Angel investor Ajith Sukumaran, who is leading the investment, has already committed a portion of the funds in this round.
Automobile servicing platform GoMechanic, run by Targetone Innovations Pvt Ltd, has raised $250,000 in funding from seed investment and innovation platform Venture Catalysts. The funding will be utilized to build the tech infrastructure and expand the team.