Funding Friday: Foodtech Seems Hottest for Investment & Vernacular Space is Catching Up too
Stay tuned to get every day updates in 60 seconds
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
1) Foodtech space seems hot for investment. After Swiggy's mega fund raise, shared cloud kitchen platform InnerChef has raised $6.5 million in a pre-Series B round led by Taizo Son's Mistletoe Inc and Das Capital.
2) The combination of virtual reality and interior designing also caught the investors' eye. VR-based interior design startup Flipspaces has raised $3.5 million from private equity fund Carpediem Capital.
3) The week witnessed funding in diverse sectors. The biopharmaceutical company focused on developing dermatology products, Vyome Therapeutics has raised $22 million in a fresh round of funding.
4) Vernacular space is not far behind. Content startup Pratilipi is reportedly in talks to raise $15-20 million from new and existing investors, including Omidyar Network and Nexus Venture Partners.
Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.