Chiratae Ventures
Funding Slows, but Big Deals, IPOs and Acquisitions Continue in Dec 06–11 Week
Selective Deals This Week
Dr. Paws and SuperBryn Raise Early-Stage Funding
The below brands have announced their latest funding rounds.
Fibe Raises USD 35 Mn in Series F Round Led by IFC
With this round, the company has now raised more than USD 266 million in equity so far, including secondary transactions.
Chiratae Ventures Launches Sonic DeepTech Program for Seed to Series A Startups
The initiative aims to focus on sectors including energy and climate, quantum, robotics, space, defence, bio and medtech and applied AI, offering up to USD 2 million in fast track Seed to Series A funding.
Curefoods Receives SEBI Nod for INR 800 Cr IPO
According to the reports, Iron Pillar PCC is the largest investor exiting through the IPO, planning to sell 1.91 crore shares and expected to achieve an exit value about 2.6 times higher than Accel and Chiratae.
Gullak Raises USD 7.5 Mn in Series A Round to Expand Digital Gold Savings Platform
Series A round was led by Chiratae Ventures, with White VC, Samved, Y Combinator, GMO, and Rebel Funds, bringing Gullak's total funding to USD 12 million.
Curefoods India Files DRHP with SEBI for INR 8,000 Mn IPO
The selling shareholders include Iron Pillar PCC, Crimson Winter Limited, Accel India V (Mauritius) Limited, Chiratae Ventures, Global Ecommerce Consolidation Fund, Curefit Healthcare Private Limited, and others.
ZILO Raises USD 4.5 Mn Led by Info Edge and Chiratae to Revolutionise Fashion Commerce
The capital will be deployed to help ZILO achieve product-market fit, strengthen its hybrid supply chain, forge brand partnerships, and expand its operations beyond Mumbai to other major Indian cities in the coming months.
Deep-Tech Startup Frinks AI Closes USD 5.4 Mn Round Led by Prime Venture Partners
The round also saw participation from existing investor Chiratae Ventures, Navam Capital, and Ashok Atluri, Founder of Zen Technologies, bringing Frinks AI's total funding to USD 6.25 million.
Three Investor Directors Exit GlobalBees Board Amid Leadership Changes
Representatives from Chiratae Ventures, Lightspeed Venture Partners, and Premji Invest have stepped down from GlobalBees' board, according to the YourStory media sources.
HexaHealth Raises USD 12 Mn Series A Led by Orios and 3one4 Capital to Transform Surgical Care
The round also saw participation from new investors Enzia Ventures and ITI Growth Opportunities Fund, alongside existing backers Chiratae Ventures and Omidyar Network India.
Accel-Backed AgroStar Secures USD 6.7 Mn Funding
The round saw participation from prominent investors including Accel India, Evolvence, Chiratae Ventures, Hero Enterprises, Bertelsmann, and Aavishkaar India.
Wealth Management AI Startup Mili Raises USD 2 Mn Funding Led by Chiratae and BoldCap
With the raised funds, platform aims to enhance and accelerate its product, including expanding customisation capabilities, deepening integrations, scaling partnerships, and growing the engineering and customer success teams.
Deals of the Week: Startups Bagging Big Wins and Funding (November 23–29)
This week saw significant funding activity across diverse sectors, from oncology drug manufacturing to electric vehicle leasing. Here's a roundup of key deals that grabbed attention.
Bessemer Leads USD 8 Mn Funding in ShopDeck to Revolutionise Indian D2C Ecosystem
The funding aims to fuel ShopDeck's mission of helping small and mid-sized businesses establish profitable and scalable online operations.