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.
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.
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.
Coworking space provider WeWork India announced the launch of a new investment programme as part of its WeWork Labs effort in an attempt to fund early-stage entrepreneurs.
High Net Worth Individuals (HNIs) from the US, the Middle East, and India, as well as entrepreneurs from the Indian startup scene, participated in the close of Java Capital's Rs 50 Cr fund, a deep-tech venture capital firm.