E-commerce startup Flash, floated by Flipkart’s former senior vice-president Ranjith Boyanapalli, on Tuesday said it has raised pre-Series A funding of $6.7 million (around Rs ..
Direct-to-consumer brand The Good Bug has secured $3.5 million in funding in a round led by Fireside Ventures. The funds will be used for new product development, team expansion, and brand investments. The Good Bug focuses on gut health, offering solutions for issues such as bloating and constipation. The company currently has a customer base of 100,000. The D2C space has seen an influx of capital during the pandemic, with FMCG brands seeking to enter the market. Recent consolidations include Goat Brand Labs acquiring Chumbak and HUL s stake in Oziva.
India Business News: BENGALURU: Billionaire Ranjan Pai's family office is pumping Rs 1,000 crore for about an 18% stake in API Holdings, the parent entity of online pharma.