Insight

Anicut Capital led the pre-Series A investment round for wellness and health firm Zingavita, which brought in INR 10 Cr, or around $1.2 million.

Matrix Partners India has led the $3 million equity fundraising round for NBFC InPrime Finserv. In the round were returning investors Kettleborough VC, Titan Capital, and InfoEdge Ventures.

Sanjiv Gupta has been named chief advisor and board member of T.A.C - The Ayurveda Co, a direct-to-consumer personal care business.

The Malaysian sovereign wealth fund, Khazanah Nasional Berhad, invested Rs 350 crore in Wow! Momo Foods.

Yulu, an electric mobility firm, got a debt of Rs 25 crore from Northern Arc Capital, a non-banking financial company.

The farmer-producer cooperation Kisankonnect, backed by Shilpa Shetty, secured Rs 31 crore in the pre-series A round.

The fintech firm Varthana, which focuses on education, secured $14 million, or roughly INR 116 crore, from Blue Earth Capital, one of its current investors.

SucSEED Indovation Fund and ISF Angels, lead by JA Chowdhary and other angels, led an undisclosed pre-seed fundraising round for Amealio, a community-driven network for entertainment and food.