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Buffalo Wild Wings' master franchisee, Spice Lounge, has announced that it has successfully raised $1 million via Klub, the top revenue-based financing platform in India. With a mandate to generate an additional $10 million for its expansion goals in 2024, Spice Lounge has collaborated with Klub to oversee this financing infusion, signalling an exciting new chapter in the company's history.

Scale, a platform that offers distribution as a service, has raised $375K in a pre-seed fundraising round led by First Cheque. Other investors in the round include Abhishek Goyal, Mekin Maheshwari, and Revant Bhate, as well as Matrix Partners India DeVC and Relentless VC.

Leading B2B fruit marketplace in India, Vegrow, revealed it has raised US$46 million in primary and secondary finance. GIC, the sovereign wealth fund of Singapore, is leading the fresh funding round. Prosus Ventures, an existing investor, is also heavily involved, and Matrix Partners India, Elevation Capital, and Lightspeed are continuing to support the venture.

Excellent chance for ambitious entrepreneurs interested in launching a healthcare-related venture. Apply for Aarambh 2.O a pre-incubation program for Idea & and prototype stage startups and get mentorship support from the best industry experts in healthcare.

The Indian Institute of Management Lucknow, a top-ranked IIM according to NIRF 2023, and TalentSprint, a well-known international edtech company, have announced their strategic alliance and the opening of an Executive General Management Programme for contemporary professionals. By combining the talents of two prestigious schools, this partnership enables professionals and executives looking to improve their general management skills.

Sarvam AI, an Indian startup in Generative AI founded by Vivek Raghavan and Pratyush Kumar, has announced that it is raising $41 million in Series A round. This funding, led by Lightspeed and supported by Peak XV Partners and Khosla Ventures, represents the largest raise at this stage for an Indian AI startup.

AllTrak, a healthcare Technology and logistics platform has raised INR 4.2Cr in a pre-series Around led by Inflection Point Ventures. The funds will be allocated towards team expansion, technology enhancement, and logistics operations expansion across multiple cities in India.