Mobility Platform for Gig Workers Baaz Bikes has raised $8 million in a Series A round, led by Big Capital, a Singapore company.

The luxury fashion house Purple Style Labs raises $8 Mn in Series-D Funding Round, led by Sanket Parekh of the Pidilite family office.

Dubai Chambers has successfully concluded the inaugural edition of Dubai Business Forum under the theme ‘Shifting Economic Power: Dubai and the Future of Global Trade.’ Hosted under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the event took place recently at Madinat Jumeirah.

Online retailer of bread goods Bakingo has raised $16 million (more than Rs 130 crore) in growth capital from private equity company Faering Capital in its first round of funding.

In a pre-Series A investment headed by Inflection Point Ventures, Euphoric Beverages Pvt Ltd, the company behind the cocktail brand O' Be Cocktails, has raised an unknown sum of capital.

GoMechanic, an auto parts startup that Servizzy just acquired, has raised $6 million in a strategic fundraising round headed by an undisclosed family office, following its fire sale.

WishCare, a science & efficacy-based Indian beauty brand, has secured Rs 20 crore in its first institutional round of funding from Unilever Ventures, the venture and growth capital arm of Unilever.

Zepto, the unicorn of rapid ecommerce based in Mumbai, secured an additional $31.25 million in a Series E fundraising round led by Goodwater Capital and Nexus Venture Partners.

The pre-series A investment round led by Orios Venture Partners has brought in $3.5 million for Bimaplan, an insurtech business supported by Y Combinator. Finsight Ventures and 2am VC, two previous investors, took part in the round as well.