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Article on February 04, 2022

BharatSthali Silk Sarees Are Taking Over The Globe

Whether it is shopping sarees for a wedding or for daily wear, the new generation retail and online shopping websites like BharatSthali make saree shopping a lot easier. 

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Jio Announces Investment Of $15 M In Two Platforms Inc

TWO is an Artificial Reality company with a focus on building interactive and immersional AI experiences. Speaking on the investment, Akash Ambani, Director of Jio, said, “We are impressed with the strong experience and capabilities of the founding team at TWO in the areas of AI/ ML, AR, metaverse and Web 3.0."

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D2C Ayurveda Beauty Brand, Life & Pursuits Raises USD 5,00,000 In Angel Funding

The brand’s first angel round saw participation from prominent angel syndicates Supermorpheus (led by Sameer Guglani) and Eagle10 Ventures (led by Prashant Pansare) apart from leading angel individuals such as Pankaj Agrawal (IndiaMart promoter family), Madhup Agrawal (IndiaMart CXO), Tarun Matta (Founder iimjobs.com, acquired by Naukri.com) and Ankur Singla (Founder Tapzo, acquired by Amazon Pay)

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We Are Expecting To Increase Our Parent Traffic To 10M by End Of This Year: Pawas Tyagi, Co-Founder, edustoke

We expect to grow both horizontally in terms of the number of services in our fold and vertically in each service offering.

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D2C Brand Bombay Shaving Company Raises Rs 50 Cr From Gulf Islamic Investments

The men’s grooming and hair removal business wants to grow its top line to Rs 500 crore with an omnichannel presence in the next two years and aims to use the capital to develop its personal care and hair removal product portfolio

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Brick Manufacturing Startup ZERUND Raises Capital From Govt-backed VC

Zerund Manufacturing Pvt Ltd, which operates the brick manufacturing startup ZERUND, has raised an undisclosed amount from NEDFi Venture Capital Ltd (NVCL) in a pre-series A round, the company said in a statement on Thursday.

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Waterfield Advisors Bags $6 Million In Series-B Funding

Moreover, post the funding raise the firm aims to build its presence in Singapore, the UK, the US and the Middle East to become the preferred wealth partner for global Indian clients

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CyborgIntell Raises $1.19M

The fresh capital will be used to strengthen the talent pipeline in sales, marketing and product R&D, scaling operations geographically across the North American Markets, accelerating customer acquisitions and expanding in existing markets of India and South Africa.

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Jar raises $32M in Tiger Global-led Funding

The startup is also looking to lend to its users and offer them insurance in the next few months, he said.

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Budget 2022 Impact On Startups: ‘Amrit Kaal’ For Fintechs

The capping of surcharge on long term capital gains arising on transfer of any type of assets at 15% will promote long term investments in equity of startups.

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