Viestories

High Net Worth Individuals (HNIs) from the US, the Middle East, and India, as well as entrepreneurs from the Indian startup scene, participated in the close of Java Capital's Rs 50 Cr fund, a deep-tech venture capital firm.

The health tech startup Sugar.fit has announced that it has raised USD 11 million in Series A funding. With involvement from current investors Cure.fit, Tanglin Venture Partners, and Endiya Partners, MassMutual Ventures led the fundraising.

Yogesh Chaudhary of Jaipur Rugs is the lead investor in the $1.2 million investment round for SaaS firm Infurnia Technologies. With this, the firm has raised a total of $3.7 million in funding to date.

Sharan Hegde’s The 1% Club has raised Rs 10 Cr in pre-series A funding from Gruhas, a VC Co-Founded by Nikhil Kamath, (from Zerodha) and Abhijeet Pai (from Puzzolana Group).

InfoEdge Ventures has invested a total of $1.5 Mn in Funstop Games, a gaming studio situated in Gurugram.

Venture capital firm Elevation Capital invested Rs 150 crore in the first round of funding for housing finance provider Vridhi Home Finance.

Fireside Ventures has invested $1.5 million in Chennai-based snack company Sweet Karam Coffee.

Budding innovators at the Codе Rеd 3.0 Triathlon, organizеd by thе ACIC - VGU Foundation, which concludеd on Sunday, came out with several new ideas aimed at resolving problems faced by the farmers and others.

On Monday, cloud kitchen startup Curefoods completed the purchase of Yumlane, a foodtech firm, along with its patented technology. Yumlane plans to improve its in-house pizza technology by utilising Curefoods' network as a result of the acquisition.

Nazara Technologies, an online gaming and esports startup, is introducing Nazara Publishing, a platform for publishing for game creators worldwide to display their developed games in India.