Gurugram-based food delivery platform InnerChef has raised a fresh funding round led by Japanese early-stage fund Mistletoe, its maiden investment in India. Singapore-based M&S Partners also participated in the round along with InnerChef ‘s existing investors. The funding will be utilized to build a brand and add more kitchens across our four locations.
Indian Gifts Portal (IGP) has raised $2 million in the latest round of funding from the family office of Naveen Arya, one of the three promoters of Karamchand Appliances, and Tarun Joshi, the India director of UK-based private equity firm 3i. The funds will be utilized to develop machine learning technology for the company’s gift discovery platform indiangiftsportal.com
Kiran Mazumdar-Shaw has invested around INR 11 crore in Philadelphia and Mumbai-based UE Lifesciences, the developer of an affordable breast cancer screening device.
Gurgaon-based Inventive Business Promotions Pvt Ltd which owns and operates online platform World Art Community, has raised a second round of funding of $ 200K from existing investors and more. The funding will be utilized to automate its online platform and expand to new cities across India as well as globally.
Internet service provider company Nettlinx has reportedly secured $3 Million (INR 20 Cr) in funding from Netherlands-based EXchange Investors NV and Dubai-based TransGlobal FZC. Following the transaction, the two investing entities have acquired share warrants in the company on a preferential basis and will now work in conjunction with the Hyderabad-based Nettlinx.