Immensitas raises ₹6 30 crores in Pre-Series A round adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Anirudh Damani, Managing Partner, Artha Venture Fund, speaks about the final close of their debut fund at Rs 220 crore and the sectors that it aims to invest in.
Food-tech startup Daalchini Technologies plans to raise growth capital of up to USD 8 million (around Rs 58 crore) in the next 2-3 years to support its growth plans. Daalchini Technologies, which provides home cooked food through IoT-enabled vending machines, is expecting an annual turnover rate of Rs 144 crore by the end of FY22. Daalchini plans to raise growth capital of up to USD 5-8 million in the next 2-3 years..As of now, we are planning to raise the growth capital and we are in early stage discussions with few prospective investors. As we adapt ourselves to the pandemic, we plan to raise fresh funds to expand our solution beyond 10 cities and the form-factor to more use-cases, Prerna Kalra, Co-founder and CEO, Daalchini technologies told PTI.
Artha Venture Fund said 50+ limited partners (LPs) participated in the fund, with almost half of the LPs increasing their investment commitments in the last three months.
YourStory presents this daily roundup of the latest startup news and updates from the Indian startup ecosystem and beyond. Here's the roundup for Friday, June 4, 2021.