ShopX, a B2B startup which connects retailers and kirana store owners in small towns with FMCG brands, has raised USD 35 Mllion from Fung Strategic Holdings to fuel its expansion plans.
Faraway Foods Pvt Ltd, a Mumbai-based startup that sells healthful snacks for children under The Mumum Co brand, has raised angel funds worth USD 500,000 from Nisa Godrej, executive chairman of Godrej Consumer Products Ltd, and Siddharth Parekh and Sumeet Nindrajog, co-founders of private equity firm Paragon Partners.
ETechAces Marketing & Consulting Pvt Ltd, the operator of online insurance selling platform PolicyBazaar,com and lending marketplace PaisaBazaar,com, has raised USD 200 million (INR 1,360 crore) in a round led by SoftBank Vision Fund.
Cybersecurity specialist Network Intelligence (NII) has raised INR 33 crore in fresh capital from private equity firm Helix Investments.
Naffa Innovations Pvt Ltd, which operates digital payments start-up ToneTag, has raised USD 8-10 million from a clutch of marquee, strategic investors led by Amazon Inc and Mastercard.
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