The liquidity crunch following the recent demonetisation of higher value currency notes has hit retail at kirana stores and the sale of FMCG products sold there, and startups in the space are facing a heavy brunt. Bengaluru-based iD Fresh Foods, which sells ready-to-cook products which sells read…
Tag: Raw Pressery
InnoVen Capital lends $20 mn to Indian start-ups in Q2
Temasek-backed venture debt firm InnoVen Capital has increased its lending to Indian startups by USD 8 million in second quarter of FY17. The company funded deals worth 15 deals worth USD 20 million compared to USD 12 million in the previous quarter. Between July and September this year, InnoVen …
Saama capital raises $31 million for third venture capital fund
Saama Capital, a venture capital firm that has been an investor in unicorns such as and Snapdeal, has raised around $31 million for its third venture capital fund. “With the new fund we will be investing between $2 million to $5 million at a stretch in each company. We ideally look at a com…
Start-up Raw Pressery to raise $ 20 million
Two-year-old start up Raw Pressery is planning to raise $20 million from the same set of investors since the time it started making cold pressed fresh juices. Having raised $7.2 million from investors such as Sequoia India, Saama Capital and DSG Capital, its next round is expected to be a bigger …
Dairy beverage maker DropKaffe raises a bridge round of Rs 3.33 crore
Ready-to-drink dairy beverage maker DropKaffe has raised a bridge round of $500,000 (Rs 3.33 crore) led by Kanwaljit Singh of Fireside Ventures. Other investors in the round include GrowthStory, and High Networth Individuals including Apurva Salarpuria of Salarpuria Group, CEO of Naukri Hitesh Ob…
DSG Consumer Partners makes first close of fund II at $35 million
Deepak Shahdadpuri-led investment firm DSG Consumer Partners (DSGCP) has made the first close of its second fund at $35 million. The consumer-focused investment firm was an early investor in online hotel aggregator OYO Rooms, mobile point-of-sale payment services provider MSwipe Technologies and …