Fintech startup FlexiLoans has raised an institutional debt funding of about $7 million from undisclosed investors.
Premium online tea brand Vahdam Teas has raised INR 2 crore through a secondary transaction and an additional INR 9 crore in its second round of institutional funding led by consumer focussed fund Fireside Ventures, Singapore Angel Network, Mumbai Angels and some HNI investors.
Mumbai-based The Label Corp Private Limited, an internet-first lifestyle brand of contemporary fashion, accessories and home décor, has garnered INR 20 crore in funding from Kalpavriksh, Centrum’s PE fund via Enablers.
US and Chennai-based eShakti Pvt Ltd, which operates a women’s apparel e-tailer, has raised $2,300,000 in debt funding from non-banking finance BlackSoil Capital Pvt Ltd.
Two-wheeler maker TVS Motor Co Ltd has bought about 15% stake in Ultraviolette Automotive Pvt Ltd, a Bengaluru-based startup working on electric two-wheelers and energy infrastructure for an undisclosed amount.