Leadership Hires Strengthen Supply Chain and Corporate Communications E-commerce major Flipkart has appointed Somnath Das as Vice President, Supply Chain, and Digbijay Mishra as Vice President, Corporate Communications, strengthening its senior leadership across operational and strategic functions. Focus on Strengthening Supply Chain Operations Somnath Das will lead supply chain operations for Flipkart’s large business segment, focusing on improving network efficiency and building technology-led supply chain capabilities. He brings over two decades of experience across the consumer packaged goods, retail, and food and beverage sectors. Before joining Flipkart, Das served as Senior Vice President at Jubilant FoodWorks. He has also held…
Author: Aman Atulya
Artha Venture Fund leads investment to expand AI-powered customer engagement platform AI-powered customer engagement startup Cheerio AI has raised Rs 8 crore in a seed funding round led by Artha Venture Fund through its Artha Venture Fund II. The round also saw participation from Hyderabad Angels, TiE Angels, LetsVenture, Invention Engine, and several angel investors. The investment highlights growing demand for AI-driven platforms that help enterprises optimise customer acquisition and retention strategies. Capital to develop multi-modal AI capabilities and global expansion The fresh capital will be used to build advanced multi-modal AI capabilities, including a proprietary small-model LLM designed for…
Fintech Lender Plans Fresh Issue and OFS as It Prepares for Public Listing Bengaluru-based fintech lender Moneyview has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise ₹1,500 crore through an initial public offering. The proposed IPO will include a fresh issue of equity shares worth ₹1,500 crore along with an offer for sale of up to 13.6 crore shares by existing shareholders. Promoter and co-founder Puneet Agarwal will participate in the OFS alongside early investors such as Accel, Ribbit Capital, and Apis Partners. The company is also evaluating a pre-IPO placement…
Women’s Activewear Brand Sees Strong Growth With Improved Cost Discipline India’s direct-to-consumer activewear segment continues to expand as specialised brands scale through digital channels. BlissClub, a women-focused D2C activewear startup, reported operating revenue of ₹131.5 crore in FY25, marking a 51% increase from ₹87 crore in FY24, according to financial filings with the Registrar of Companies. The Bengaluru-based brand focuses on women’s activewear, accessories, and lifestyle products, with product sales remaining its sole source of operating revenue. The company also recorded ₹3.5 crore in non-operating income, taking its total income to ₹135 crore for the fiscal year. Cost Control and…
India’s electric mobility ecosystem continues to attract investor interest as infrastructure startups scale solutions for commercial EV adoption. Battery Smart, a battery-swapping network for electric two- and three-wheelers, has initiated its pre-Series C funding round and raised over $7 million from a group of investors. Investors Back Expansion of Battery Swapping Infrastructure According to regulatory filings with the Registrar of Companies, the company’s board approved the allotment of 12,158 pre-Series C compulsory convertible preference shares at an issue price of ₹54,407 each, raising ₹66 crore (around $7.4 million). Acacia Inclusion led the round with an investment of ₹36.3 crore, followed…
ENRISSION India Capital joins Accel-led investment to scale proptech platform Proptech startup Spintly has raised undisclosed funding from ENRISSION India Capital as part of its $8 million Series A round. The round was led by Accel, with participation from Chakra Growth Fund, Alumni Ventures, and Spyre VC. The company had earlier raised Rs 3.5 crore in an extended seed round led by Spyre VC and previously secured $5.36 million from LetsVenture, Riso Capital, Sucseed Indovation, and Accel Nest. The latest capital infusion strengthens Spintly’s growth trajectory in enterprise access control solutions. Capital to accelerate product innovation and global expansion The…
Antler Singapore leads funding to expand AI-powered pre-sales automation Voice AI startup Origa has raised $450,000 (approximately Rs 3.7 crore) in a funding round led by Antler Singapore, with participation from angel investors associated with Uber, SpaceX, and Salesforce. With this round, the company’s total funding now stands at $1 million. The investment underscores growing demand for AI-driven automation in high-value customer acquisition and qualification workflows. Capital to strengthen engineering and expand India-UAE operations The fresh capital will be used to expand Origa’s engineering team, enhance product capabilities, and scale operations across India and the UAE. The startup plans to…
With India’s D2C market expanding at nearly 20 percent annually, the second edition of the TiE Delhi-NCR D2C Summit concluded with high-impact discussions around capital efficiency, omnichannel scale, AI adoption, and sustainable profitability. Hosting over 300 founders, investors, and operators across lifestyle, beauty, personal care, food and beverage, and Bharat-first brands, the Summit decoded the structural shifts shaping India’s $100 billion-plus direct-to-consumer opportunity. Investor Lens and Capital Discipline Take Centre Stage The Summit opened with a keynote by Harish Bijoor, who contextualised India’s consumer-led retail evolution. Bringing a sharp investor perspective, Kannan Sitaram, Co-Founder and Partner at Fireside Ventures, outlined…
B8 Fund-I marks company’s first dedicated late-stage investment vehicle Info Edge has launched B8 Fund-I, a new growth-stage investment vehicle with a capital commitment of Rs 250 crore. The fund may also raise capital from external sponsors, potentially taking the total corpus beyond the initial commitment. This marks Info Edge’s first dedicated fund focused exclusively on later-stage companies, expanding its long-standing startup investment strategy beyond early-stage bets. Expanding venture platform beyond early-stage investments Info Edge currently operates four early-stage investment platforms, including Info Edge Ventures, which has raised Rs 2,300 crore across three funds; Capital 2B with a Rs 280…
General Catalyst leads funding to advance electronic warfare capabilities Hyderabad-based defence technology startup Constelli has raised $20 million (approximately Rs 180 crore) in a funding round led by General Catalyst, with participation from 360 One Asset Management and existing investor Pravega Ventures. The company had earlier secured $3 million in a pre-Series A round in January last year led by Pravega Ventures. The fresh investment comes amid rising defence spending and growing focus on indigenous aerospace and electronic warfare capabilities. Capital to strengthen next-generation electronic warfare and payload systems The proceeds will be deployed toward product research and development focused…