Funding Friday: Foodtech Seems Hottest for Investment & Vernacular Space is Catching Up too

Stay tuned to get every day updates in 60 seconds

learn more about Bhavya Kaushal

By Bhavya Kaushal

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.

Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I am Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 

Related Topics

Technology

Five Important Trends in Big Data Analytics

Over the last few years, with the rapid growth of data, pipeline, AI/ML, and analytics, DataOps has become a noteworthy piece of day-to-day business

Thought Leaders

5 Small Daily Habits Self-Made Millionaires Use to Grow Their Wealth

We've all seen what self-made millionaires look like on TV, but it's a lot more subtle than that. Brian Tracy researched what small daily habits these successful entrepreneurs adopted on their journey from rags to riches.

Career

60 Second Business Tips: 3 Ways to Boost Confidence

Business development consultant Terry Rice on silencing self-doubt.

Starting a Business

How To Raise Capital For A New Business Idea

These practical methods and tools are available to entrepreneurs who want to raise money to create their own new businesses.

Leadership

20 Ways to Achieve Street Smart Wisdom for Leaders and Entrepreneurs

Leaders need to be street-smart to stay ahead of the curve, make educated decisions and continue to be successful.