Insight

ice cream business Hocco has raised $12 million, or INR 100 crore funding led by Sauce VC and promoter group Chona family.

On Monday, the renewable energy company Candi Solar announced that it had raised $38 million, or roughly Rs 317 crore, in a new investment round. This venture is headed by Norfund.

Direct-to-consumer personal care startup 82°E is set to mop up Rs 50 crore or $6 million in the extension of its seed round from new and existing investors. This will be the first round of investment.

The non-banking financial startup Arthan Finance has raised Rs 50 crore ($6 million) from investors, including Incofin India Progress Fund.

An autonomous driving business called Swaayatt Robots, located in Bhopal raised $4 million from angel investors in the United States.

Hemesh Singh, the chief technology officer and co-founder of Unacademy, has made the decision to leave Unacademy after nearly ten years of employment. He's going to go into an advisory capacity immediately.

The hiring of Vishal Mehta as the Director of the Sustainable Materials Programme at STEER World is a proud announcement from STEER World, a pioneer in engineering innovation with a focus on materials transformation technologies.

As part of its first public offering, parent firm Le Travenues Technology Limited, which operates the travel booking platform Ixigo, has made shares valued at Rs 333 crore ($40 million) available to anchor investors.