India’s fast evolving fashion quick commerce segment continues to draw investor interest as ZILO has raised $15.3 million (around ₹140 crore) in a Series A funding round. The round was led by Peak XV Partners, which invested $8 million, while existing backers InfoEdge Ventures and Chiratae Ventures participated with $2.5 million each. The funding round also saw participation from Alteria Capital and Stride Ventures, along with a group of angel investors including Groww founder Lalit Keshre, CRED founder Kunal Shah, Sachin Oswal, Ayyappan R, Abhishek Bansal, Sreevathsa Prabhakar, and Preeta Sukhtankar. Founded by former Flipkart and Myntra executives Padmakumar Pal…
Author: Adarsh Kumar
India’s organised pet healthcare space continues to gain momentum as Bengaluru-based startup Dr. Doodley has raised $3.3 million (around ₹30 crore) in a pre-Series A funding round. The fundraise includes ₹20 crore in equity and ₹10 crore in debt, with the equity portion led by V3 Ventures. The round also saw participation from Campus Fund and Thackersey Family Office, along with a group of angel investors including Yatin Shah and Karan Bhagat of 360 ONE Wealth, and Gautam Dalmia, managing director of Dalmia Bharat Group. Founded in 2023 by Utsav Bisaria and Yash Jayprakash Ladda, Dr. Doodley operates a hybrid…
Ride-hailing major Uber has elevated Balaji Krishnamurthy as its new Chief Financial Officer, marking a key leadership transition at the global mobility platform. Krishnamurthy will succeed Prashanth Mahendra Rajah, who is stepping down from the role. The transition is expected to take effect later this month. Krishnamurthy has been with Uber since 2018 and has held several senior leadership positions, including Vice President of Corporate Finance and Head of Investor Relations. During his tenure, he played a central role in shaping Uber’s capital allocation strategy, long-term financial planning, and engagement with global institutional investors. He has also been a regular…
Interior design and home decor startup Material Depot has raised $10 million in a funding round co-led by Accel and Stellaris Venture Partners, as the company looks to scale its omnichannel presence and deepen technology capabilities. The round also saw participation from Whiteboard Capital, DeVC, Soma Capital, and MyAsiaVC, along with a group of angel investors including Livspace founder Ramakant Sharma, Ankit Nagori, Shashvat Nakrani, Spinny founder Niraj Singh, Abhishek Goyal, and others. Material Depot had earlier raised over $4 million from Y Combinator and other early-stage backers. Use of Funds According to the company, the fresh capital will be…
Microlending platform Aye Finance has fixed a price band of ₹122–129 per equity share for its upcoming initial public offering (IPO), following the filing of its red herring prospectus (RHP) with the capital markets regulator. According to the RHP, the public issue will open for subscription on February 9 and close on February 11, while the anchor book will open on February 6. At the upper end of the price band, Aye Finance is expected to command a valuation of around $352 million. IPO Structure and Use of Proceeds The IPO will comprise a fresh issue of shares worth ₹710…
Enterprise focused agentic AI platform Vibrium has raised $1 million in a seed funding round, led by Paytm’s former COO Bhavesh Gupta, along with participation from other angel investors, as the startup looks to scale adoption of autonomous AI agents across large businesses. The fresh capital will be used to accelerate product development, strengthen Vibrium’s goal oriented AI agent framework, and expand enterprise deployments across sectors such as BFSI, e-commerce, SaaS, and operations-led businesses, the company said in a statement. Building Outcome-Driven Enterprise AI Founded last year by Akshat Saxena, Gurugram-based Vibrium has developed a proprietary, end-to-end agentic AI platform…
AI solutions provider Fractal Analytics has fixed a price band of ₹857–900 per equity share for its upcoming initial public offering (IPO), a day after filing its red herring prospectus (RHP) with the capital markets regulator. According to the RHP, the public issue will open for subscription on February 9 and close on February 11, while the anchor book will open on February 6. At the upper end of the price band, Fractal’s valuation is expected to be around $1.6 billion. the company has reduced its IPO size by about 42% compared to the amount proposed in its draft red…
Technology enabled sports startup Gamepoint has raised ₹7 crore in a pre-Series A funding round, co-led by Raj P Narayanam, founder of Zaggle, and Aditya Vuchi, with participation from Praveen Raju and other angel investors. The fresh capital will be used to expand Gamepoint’s multi-sport centre network and strengthen its technology stack and operational capabilities, the company said in a statement. Building Neighbourhood Sports Infrastructure Co-founded by Aditya Reddy and Siddharth Reddy, Hyderabad-based Gamepoint operates professionally managed, technology-enabled multi-sport centres designed to make sports access convenient for people across age groups. The startup offers: All services are delivered in a…
Clean-label health food brand The Whole Truth has raised $51 million in a Series D funding round led by Sofina and Sauce.vc The round includes a mix of primary and secondary capital and saw participation from existing backers Peak XV Partners and Rainmatter Health, along with Ayra Ventures. The company said the fresh capital will be used to expand in-house manufacturing, strengthen working capital, and build internal systems required for public market readiness. According to an ET report, the fundraise marks the beginning of The Whole Truth’s IPO journey, with profitability identified as the next key milestone. Founded by former…
Variety India, the world’s leading entertainment industry publication, has officially rolled out its India edition. The company had first announced plans for its India launch in the final quarter of 2025, marking a major expansion of its global footprint. To commemorate this event, the first cover features the who’s who of the Indian film industry – Aamir Khan, Ajay Devgn, Akshay Kumar, and Salman Khan. Sarita Tanwar, Editor-in-Chief of Variety India, shares her views on the occasion, “The launch of the first edition of Variety India is a very special occasion for all of us who track the trends and…