Blume Ventures
Stellapps Secures USD 26 Mn in Series C to Power Dairy Tech and Sustainability
With the new funds, the brand aims to scale operations, expand sustainable dairy products in India, and strengthen its export segment.
Startup Funding Spotlight: Key Deals to Watch from October 12-18
In the week spanning October 12 to October 18, several Indian startups secured substantial funding, highlighting the robust entrepreneurial ecosystem in the country. Here are the notable deals to watch:
Beauty Unicorn Purplle Closes USD 180 Mn Series F Funding, Expanding Stake for Existing Investors
The raised funding will enhance its mission to democratise beauty by leveraging technology for an improved shopping experience, making beauty products and services more accessible for all consumers.
Pidilite Ventures Invests INR 5 Cr in Wify to Boost Home Improvement Services
The funding will accelerate Wify's growth, enabling enhancements to its technology, expansion of services, and strengthening of its market position in the home improvement and maintenance sector.
AltiusHub, Bluecopa, and Ticket9 Raise Early-Stage Funding
The startups listed below have disclosed investment rounds.
Fintech Firm Kaleidofin Secures USD 13.8 Mn Funding Led by Rabo Partnerships
The latest investment will fuel Kaleidofin's mission to expand its lending portfolio, enhance its credit scoring capabilities, and strengthen its risk services.
Crackle Technologies, Zivy, and Mitra Raise Early-Stage Funding
The startups listed below have disclosed investment rounds.
FASHOR Raises USD 5 Mn from Blume Ventures to Fuel Omnichannel Growth and Brand Expansion
The new funding will be directed toward enhancing FASHOR's omnichannel growth, building brand presence, and optimising its supply chain.
Boon, Cannarma, and Multipl Raise Funding
The Indian startups listed below have disclosed investment rounds.
Blume Ventures, Antler Lead USD 11 Mn Investment in Namma Yatri Creator Moving Tech
Moving Tech plans to invest the funds in technology, R&D, and product innovation to empower drivers, integrate public transport, and enhance the customer experience.
Fostering a Market-Thesis-Driven Investment Formula: Blume Ventures
Purplle, GreyOrange, Exotel, IDfy, Carbon Clean, TaxiForSure, Turtlemint, Cashify, IntrCity, Zopper, WebEngage, Unacademy, Slice, Spinny, Servify, smallcase, LambdaTest, Ultrahuman, Classplus, and Battery Smart are just a few of the significant companies in which Blume has invested.
Beauty Unicorn Purplle Gains INR 1,000 Cr Investment, Offers Major ESOP Liquidity
The Mumbai-based brand also announced an Employee Stock Ownership Plan (ESOP) liquidity programme, offering INR 50 crore in liquidity to its employees.
Ethereal Machines Raises USD 13 Mn in Series A led by Peak XV and Steadview Capital
With the raised funds, the Bengaluru-based startup aims to build a new smart factory in Bengaluru and hire AI and software engineers to expand its line of products.
Battery Smart Raises USD 65 Mn in Series B to Boost EV Battery Swapping Network
Orios Venture Partners achieves a 29x return with a strategic partial exit from Delhi-based EV startup, enhancing early-stage investment success.
Agritech Robotics Startup Niqo Robotics Bags USD 13 Mn in Series B Round
The Bengaluru-based platform aims to use the fresh funds to expand to new markets and accelerate the commercial adoption of spot spray globally.