Wellbeing Vitamin, an natural plant-based diet firm, raised an undisclosed quantity by revenue-based financing platform Klub.
The corporate mentioned it intends to make use of the funds to scale up operations, together with advertising and constructing model consciousness.
“With the onset of Covid, we noticed a rise in demand for our progressive and punctiliously designed merchandise. In Klub, we discovered the proper associate to scale up our operations by elevated funding in advertising”, Avnish Chhabria, founding father of Wellbeing Vitamin mentioned.
Based in 2019 by Avnish Chhabria, Mumbai-based Wellbeing Vitamin is an natural licensed, plant-based nutritional vitamins and wholefood diet dietary supplements model.
Pee Secure, a hygiene and wellness model, mentioned it raised Rs 25 crore in a pre-Sequence B funding spherical led by entrepreneur and investor Shaival Desai and present investor Alkemi Development Capital.
It goals to construct depth in female hygiene and sexual wellness, speed up its private care model FURR and allocate funds for additional analysis and growth and product launches within the subsequent one 12 months, Pee Secure mentioned.
Additionally it is elevating $10 million in Sequence B funding later this 12 months.
The corporate’s on-line enterprise noticed a 40% leap within the present quarter and the model has achieved over 70% development yearly, it mentioned.
Mobility and electrical automobile expertise startup Cell Propulsion raised $2 Million in debt and fairness spherical from present traders.
The Bengaluru-based firm mentioned Endiya Companions, growX Ventures, Huddle Accelerator and Micelio had been the important thing traders on this spherical.
In September final 12 months, it raised about $1 million as a part of its pre-Sequence A spherical. Right now’s information brings its complete funds raised to about $4 million, Cell Propulsion mentioned.
Based by Nakul Kukar, Paras Kaushal and Supratim Naskar, Cell Propulsion builds and deploys electrical industrial autos as a part of their built-in answer.
Digital banking fintech agency Niyo mentioned it has purchased Bengaluru-based private finance startup Index for an undisclosed quantity.
The brand new deal marks Niyo’s second acquisition after buying Goalwise round mid-last 12 months.
Niyo plans to combine Index’s private finance monitoring options into its merchandise, particularly NiyoX, it mentioned.
Founders of Index, Anand Krishna and Kumar Siddhartha, will be a part of Niyo as a part of the deal, Niyo mentioned.
Niyo, a digital banking fintech agency, was based in 2015. It at present operates in 4 main enterprise strains out of Bangalore, Mumbai and Delhi. The corporate has gross sales in additional than 20 states, with round 2 million clients.
Inexperienced vitality expertise firm Greenjoules Pvt. Ltd mentioned it raised $4.5 million in Sequence A spherical from Blue Ashva Capital.
The funds raised are a mix of fairness and debt and will likely be utilised to arrange commercial-scale waste to vitality crops and make investments into new analysis and growth initiatives, the corporate mentioned.
“Funding by Blue Ashva is an enormous milestone for Greenjoules. We are able to now focus not solely on rising our present product vary but additionally on creating a portfolio vary of excessive vitality density liquid and gaseous biofuels,” S Viraraghavan, founder and director of Greenjoules, mentioned.
Admissions platform Leverage Edu raised $2 million in a debt financing spherical from enterprise debt agency Trifecta Capital.
The corporate mentioned it intends to make use of the funds to innovate its product and gas development and make additional inroads into the interiors of India.
Leverage Edu has to this point raised over $10 million, with right this moment’s fundraise elevate being its first debt-raise.
Earlier within the 12 months, Leverage Edu raised $6.5 million as a part of its Sequence A funding led by Tomorrow Capital and backed by present traders Blume Ventures and DSG Shopper Companions.