Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Arali Ventures and CIIE.CO, The Innovation Continuum at IIM Ahmedabad, have led a ₹3.6 crore ($500,000) round in Unbox Robotics, which is building a flexible parcel sorting solution for logistics providers. Existing investors EF & SOSV also participated in this round along with angel investors such as Vijay Kedia and Rajesh Sawhney.
Soxytoes raises angel funds
Soxytoes, a sock brand, has raised an undisclosed amount from a Gurugram-based angel network. It will use the money for digital marketing, increasing its kiosk network, expanding into international markets and launching new product lines such as personalised and kids socks.
Strata gets ₹11 cr in seed round
Tech-enabled commercial real estate investment platform Strata has raised about ₹11 crore ($1.5 million) in a seed round from SAIF Partners, Mayfield India and PropStack. Three angel investors with commercial real estate background also participated in this round. The company will use the money for technology and strengthening the core team across cities. Strata allows investors to own and sell fractions of pre-leased, Grade A commercial properties, including office spaces and warehouses.
Cardiotrack secures funds
Frontline Strategy Funds, a Singapore-based private equity platform, has led a pre-Series A round in medtech company Cardiotrack, which offers an integrated healthcare platform with diagnostic grade medical devices and remote medical consultation services. The funding amount in the round which saw participation from angel investors was not disclosed.
₹44-cr funding for MultiLiving
MultiLiving, a real estate platform that aims to streamline the home renting and management process, has raised about ₹44 crore from Lodha Ventures, the family office of Abhinandan Lodha. The platform that has gone live in Mumbai curates apartments and offers the homes with built-in services to potential tenants. Our Bureau
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
Here is a checklist that equips you to discern the market nuances
Sensex, Nifty 50 have witnessed sharp decline
The fund has consistently outperformed S&P BSE 100 TRI over one, three and five years
Returns are superior to immediate annuity plans, but SCSS can secure better rates for new investors sooner if ...
They are the health warriors who battled the Covid-19 pandemic on the ground, and are now the face of the ...
Creator of the world’s biggest art canvas hopes to help children in poorer countries
A book on Badri Narayan is a tribute — albeit a belated one — to an artist who did not enjoy the recognition ...
The country hasn’t had a quiet moment since the military seized power on February 1
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor