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29 Apr 2025
Petjio World Targets $1.5M Seed Funding to Expand Digital Pet Services in
Petjio World, a digital-first pet care startup, is seeking $1.5 million in seed funding from venture capital firms and family offices in India, the UAE, and the US. The platform offers services like boarding, grooming, training, vet consultations, and adoption, focusing on underserved tier-2 markets. Funds will support platform development, operations, and marketing
29 Apr 2025
Urban Company Files ₹1,900 Cr IPO Draft, Aims to Strengthen Tech and Marketing
Urban Company has filed a draft red herring prospectus (DRHP) for a ₹1,900 crore initial public offering (IPO). The offering includes a ₹429 crore fresh issue and a ₹1,471 crore offer for sale by investors such as Accel, Elevation Capital, Tiger Global, and Vy Capital. Founders Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra will not sell their shares. Proceeds will fund technology development, cloud infrastructure, office leases, and marketing.
29 Apr 2025
KALKI Fashion Secures ₹225 Cr from Lighthouse Funds to Expand Retail Footprint
Founded in 2007, KALKI Fashion is known for its contemporary ethnic collections, including bridal lehengas, sarees, gowns, and fusion wear. The brand operates both online and offline channels, with flagship stores in Mumbai and a growing digital presence. This funding round aligns with a broader trend of investor interest in Indian fashion brands. For instance, Rare Rabbit secured ₹150 crore from A91 Partners and Nikhil Kamath-backed NKSquared in June 2024.
29 Apr 2025
Saimirra Innopharm Secures ₹160 Cr from Piramal Alternatives for Expansion into New Therapeutic Areas
Chennai-based pharmaceutical company Saimirra Innopharm has raised ₹160 crore in funding from Piramal Alternatives. The capital infusion will support the company's growth strategy, including brand acquisitions and entry into new therapeutic areas. This investment aims to bolster Saimirra's position in the pharmaceutical sector and facilitate its expansion plans.
29 Apr 2025
Kult Raises $20M Series A from M3M Family Office to Expand AI-Powered Beauty Platform
Gurugram-based beauty tech startup Kult has secured $20 million (over ₹170 crore) in Series A funding led by M3M Family Office, with participation from Venture Catalysts. Co-founders Karishma Singh and Ruchika Pallavi plan to utilize the funds to enhance technology and operations, aiming for a Gross Merchandise Value (GMV) of ₹650–700 crore this fiscal year. Kult offers AI-driven personalized skincare recommendations and intends to onboard 700 premium products.
29 Apr 2025
Metafin Secures $10M Series A Funding Led by Vertex Ventures to Expand Rural Solar Financing
Metafin, a Mumbai-based cleantech-focused non-banking finance company (NBFC), has raised $10 million in a Series A funding round led by Vertex Ventures Southeast Asia and India. The round also saw participation from Northern Arc, AU Small Finance Bank, Prime Venture Partners, and Varanium Capital. The funds will be used to deepen Metafin's presence in core markets, expand into new states like Chhattisgarh, Jharkhand, Odisha, and Madhya Pradesh, and strengthen its technology, credit, and service infrastructure.
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