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Packaged foods firm EGK raises pre-seed money

June 18, 2018

EGK (Everyday Gourmet Kitchen) Foods Pvt Ltd, which sells packaged crispy fried onions, has raised INR 2 crore (around USD 300,000) in its pre-seed round of funding from a Nashik-based wealthy individual.

Read more - https://www.vccircle.com/packaged-foods-firm-egk-raises-pre-seed-money/

Crowdfunding platform 1Crowd backs smoothies brand

June 18, 2018

Smoodies, which makes fruit and vegetable smoothies, has raised USD 500,000 in a pre-Series A round of investment from equity crowdfunding platform 1Crowd.

Read more - https://www.vccircle.com/exclusive-crowdfunding-platform-1crowd-backs-smoothies-brand/

YES Bank goes sector agnostic, launches YES SCALE acceleration programme

June 15, 2018

After the successful graduation of the second cohort of YES Fintech, YES Bank has diversified its interests beyond fintech, launched YES SCALE — a multi-sector acceleration programme

Read more - https://inc42.com/buzz/yes-bank-gets-sector-agnostic-launches-yes-scale-acceleration-programme/

Zomato invests USD 15 million in Loyal Hospitality

June 15, 2018

Restaurant listings and food delivery firm Zomato has invested USD 15 million in Bengaluru-based Loyal Hospitality

Read more - https://www.dealstreetasia.com/stories/zomato-loyal-hospitality-cloud-kitchen-operations-99807/

Ad-for-equity investor BCCL backs interior design solutions marketplace HomeLane

June 15, 2018

Six months after raising USD 10 million, interior design solutions marketplace HomeLane has struck an INR 24 crore deal with Brand Capital, the ad-for-equity investment arm of media firm Bennett, Coleman and Company Ltd (BCCL).

Read more - https://www.vccircle.com/bccl-invests-3-5-mn-in-interior-design-solutions-marketplace-homelane/

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