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Clear Premium Water Secures Rs 45 Crore in New Round Funding

By Team VS
New Update
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A fresh round headed by JM Financial Private Equity has raised rs 45 crore ($5.4 million) for the bottled water brand Clear Premium Water.

According to a press statement from Clear Premium Water, the funding's proceeds would assist efforts aimed at establishing the company's brand and improve its current capabilities and distribution network.

Read also - Gobblecube Secures $1.9 Mn Seed Funding Led By Kae Capital

Nayan Shah founded the company, which is becoming a prominent participant in India's retail market and in the HoReCa (hotels, restaurants, and cafés) sector.

The corporation is extending its distribution network strategically throughout India, where it already has a presence.

Read also - Kites Senior Care Secures Rs 45 Cr Series A Round

The Pune-based Kelzai Secrets Pvt Ltd. was acquired by the Ahmedabad-based company in December for a 51% majority stake. Glass and PET bottles of volcanic water are available from Kelzai.

About Clear Premium Water

JM Financial provides a range of services to retail, high net worth individuals, enterprises, and financial organizations. One of the leading integrated financial services groups in India.

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Top Funding Wrap of the Week – 18 Nov – 22 Nov 2024

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 18 November – 22 November 2024

By Ayushi Jain
New Update
Top Funding Wrap of the Week – 18 Nov – 22 Nov 2024

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 18 November – 22 November 2024.

The Top Indian Startups Funding Roundup of This Week

Bain Capital

Bain Capital announced it completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. 

Zepto

Zepto, the quick commerce leader, has raised $350 million from domestic investors at a $5 billion valuation.

HealthKart

HealthKart is an omnichannel nutrition platform has raised $153 million with ChrysCapital and Motilal Oswal Alternates leading the charge. Neo Group and current investor A91 Partners also took part in the fresh round.

VoloFin

VoloFin a supply chain finance firm located in Singapore has raised $50 million in a new fundraising round from a top-five global bank in the US that wants to be anonymous because of a non-disclosure agreement.

Zopper 

Zopper is an insurtech firm based in Delhi NCR, has raised $25 million (about INR 211.2 crore) in a Series D funding round headed by Elevation Capital and Dharana Capital, with Blume Ventures, an existing investor, also participating. 

OneCell Diagnostics

Cancer diagnostics startup OneCell Diagnostics has raised $16 million in Series A funding, led by Celesta Capital, with participation from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures.

KGeN

Kratos Gamer Network (KGeN), a decentralized gaming platform, has raised $10 million in funding led by Aptos Labs. Polygon and Game7 also participated in the round, increasing KGeN’s valuation to $500 million, up from $150 million in February 2023.

Locad 

Locad is an e-commerce logistics business, has secured $9 million (about INR 76 crore) in a pre-series B investment round headed by Reefknot Investments and Global Ventures.

Billion Hearts

Former Koo Co-founder Mayank Bidawatka’s new venture, Billion Hearts Software Technologies Pvt Ltd, has raised $4 million in seed funding. The round was led by Blume Ventures with participation from General Catalyst and Athera Venture Partners.

CredFlow

A pre-Series B funding round headed by two of CredFlow's current investors, Inflexor Ventures and a Singaporean family office, has collected $3.7 million (about Rs 31.2 crore) for the fintech business.

FAQ

Name the Top Indian Startup Funding Roundup in This Week (18 November - 22 November, 2024 )
Bain Capital , Zepto , HealthKart , VoloFin , Zopper , OneCell Diagnostics , KGeN , Locad , Billion Hearts , CredFlow , are The Top Indian Startup Funding Roundup in This Week (18 November - 22 November, 2024 )

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