ah! Ventures announces a maiden alternative investment fund with a corpus of Rs 100 crore. The fund is expected to close its first round of funding within the next 60 days and to be fully invested by the third year.
Urvann, a hyperlocal marketplace focused on gardening, has raised Rs 3 crore in a seed funding round. The round was led by the angel investment platform, Inflection Point Ventures (IPV).
Uttar Pradesh implements the nationwide single-use plastic ban using a unique "RACE" strategy. The campaign was launched on June 29th as a targeted 5-day drive across all UP districts.
Lumi Interactive raises $9 million in funding to develop mobile games for mental wellness. The funding round was joined by a16z,1Up Ventures, Galileo Ventures, and Heracles Capital.
Battery Smart secures $25 million Series A funding round. Tiger Global, Blume Ventures, and Orios Ventures with participated in the round.
Popular Indian actress, Rashmika Mandanna has joined Plum, a beauty and personal care brand, as an investor, brand ambassador, and advocate.
Chaayos raises $53 million in a Series C round led by Alpha Wave Ventures. The round saw participation from Elevation Capital, Tiger Global Management etc.
BatX Energies Pvt Ltd, a lithium-ion battery recycling startup secured $1.6 million in a seed funding round. The round was led by JITO Angel Network
Shiprocket, a logistics technology platform, has acquired a majority stake in Pickrr for around $200 million (nearly Rs 1,560 crore).
Founded by Mansukhbhai Prajapati, Mitticool is an ecofriendly brand that offers innovative clay products such as electricity free clay refrigerators etc.