Team VS

Personal care startup Clensta, has said it aims to expand its offline retail presence from 7K touch-points currently to 20K by the end of FY24 which will drive their GMV near to 200 Cr.

Zyla Health, AI-based healthcare management platform based in Gurgaon, has achieved a noteworthy milestone by raising $4 million in its Series A funding round. Prominent investors in the funding round included Paula Mariwala of Aureolis, Sony Innovation Fund, and Venture Catalysts, led by Exfinity Venture Partners.

PatilKaki, a D2C-authentic snacking startup, has raised a new round of funding with participation from serial entrepreneurs Agnelorajesh Athaide and Kailash Biyani, led by Angel Investing Network, Cap70 Angels.

In a bridge round, headed by Inflection Point Ventures and VCATs, Onedios, an IT Services and IT Consulting industry focused company, raised Rs 6 crore. The money will go toward training retailers to sell extended warranties from brands and OEMs rather than from third parties.

redBus, the world's largest online bus ticketing platform, has joined hands with Truecaller, a leading global communication and caller identification platform, to deliver a secure and seamless communication experience to users. The partnership aims to elevate customer experience lifecycle, across use cases such as travel bookings and customer support.

Early-stage venture-capital firm Info Edge Ventures has invested $2.5 million in cross-border logistics company ShipGlobal. With the funding raised, the logistics company hopes to open warehouses in select destination nations, including the US, and boost businesses to Australia and West Asia.

A Live-Game-Streaming-Plattform called Loco has laid off about 40 employees. Even though it intends to expand operations overseas. The Loco's founders, Anirudh Pandita and Ashwin Suresh, informed staff members that the layoffs were a component of their restructuring plan.

As part of its second fund, early-stage venture capital firm Sprout Venture Partners has raised nearly $10 million. Sprout VP raised $5 million in its first fund, which was distributed among 13 companies.  

Manoj Kohli, the former MD of Bharti Airtel and the former head of SoftBank India's country division, and Bharat Anand, a partner at Khaitan & Co., have been appointed as independent directors to the board of B9 Beverages, the parent company of Bira 91.

In a move signaling the growing influence of influencers in the business landscape, prominent YouTuber Mr. Gaurav Taneja, popularly known as Flying Beast, and his wife Mrs. Ritu Rathee Taneja have joined forces with thebabybo as partners and investors. This strategic collaboration marks a significant leap forward for Thebabybo, a burgeoning Indian consumer tech-enabled ecommerce marketplace specializing in children's products created by parents for the little ones.