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Nykaa closes Series D round at USD 24 million

May 15, 2018

Beauty e-tailer Nykaa has closed its Series D round of investment at  USD 24 million from ,Hero Group’s chairman Sunil Munjal, the family offices of consumer goods maker Marico’s Harsh Mariwala and private equity investor at Warburg Pincus Dalip Pathak.

Read more - https://www.vccircle.com/nykaa-closes-series-d-round-at-24-mn/

SoftBank explores new grounds to invest, to pump USD 3 Billion into Paytm Mall

May 14, 2018

SoftBank is looking to invest up to USD 3 Billion in Paytm Mall.

Read more - https://inc42.com/buzz/softbank-explores-new-grounds-to-invest-to-pump-3-bn-in-paytm-mall/

Avendus in talks to raise USD 300 million fund for consumer startup investments.

May 14, 2018

Financial services firm Avendus Capital is in talks with potential investors to raise a USD 300-million consumer sector-focused fund.

Read more - https://www.dealstreetasia.com/stories/india-avendus-consumer-fund-97749/

Sequoia Capital in talks to invest in ElasticRun

May 14, 2018

Sequoia Capital to invest in NTex Transportation Services, which owns and operates logistics and distribution platform ElasticRun, the Pune-based startup, which has emerged as one of the hottest prospects in India’s product technology space.

Read more - https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/sequoia-capital-leads-funding-in-elasticrun/articleshow/64153826.cms

Rairah Corp backs Pune business scion’s fresh produce firm Earth Food

May 14, 2018

Pune-based agri-tech startup Earth Food has raised around USD 956,000 in a seed funding round from city-based Rairah Corporation.

Read more - https://www.vccircle.com/rairah-corporation-backs-pune-business-scions-fresh-produce-venture-earth-food/

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