Iba Halal Care, India’s only Halal-certified cosmetics brand, has raised USD 3 million in Series-A funding from Addvantis Enterprises, a Bengaluru-based startup selling herbal cosmetics under the Vedaearth brand.
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Avenue 11 raised around USD 3 million from Brand Capital
Bengaluru-based online-to-offline grocery company Avenue 11 has raised INR 26 crore in funding from Brand Capital, the strategic investment arm of Indian media house Bennett Coleman & Co Ltd (BCCL).
Unitus Ventures, pharma exec back med-tech startup Cyclops
Medical technology company Cyclops Medtech Pvt Ltd has raised USD 1 million in fresh capital from impact investment fund Unitus Ventures and existing investor CP Bothra.
Venture debt firm Trifecta Capital to invest in furniture e-tailer Urban Ladder
Bengaluru-based omnichannel furniture venture Urban Ladder is set to raise around USD 5 million in a fresh funding round from venture debt firm Trifecta.
Essel Group unit invests in online lending startup Qbera
Qbera, an online platform that makes unsecured personal loans, has raised funds worth INR 14 crore from, a unit of business conglomerate Essel Group, E-City Ventures.
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