Premji Invest
Supply-Chain Financing Platform Mintifi Raises USD 180 Mn in Series E, Valuation Soars to USD 850 Mn
The raised funding will enable Mintifi to diversify its product offerings, such as dealer management systems, loans against property, and factoring services, powered by artificial intelligence.
Wooden Street Raises INR 354 Cr in Series C Round Led by Premji Invest
The Jaipur-based brand aims to use new funding to expand experience stores in tier-I and tier-II cities, enhance omni-channel presence, boost manufacturing, diversify products, and strengthen its supply chain.
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.
GIVA Jewellery Closes Extended Series B Funding with INR 255 Cr Investment Led by Premji Invest
The fine jewellery brand plans to leverage the funds to expand its offline presence and enhance its lab-grown diamond offerings while facilitating strategic investor exits.
This Week's Best Startup Funding: July 6–12
Here is a list of the startups that have raised the most money this week, from July 6 to July 12.
Dezerv Raises INR 265 Cr in Series B Funding Led by Premji Invest
The Mumbai-based startup plans to invest in new investment strategies, enhance its technology platform, and hire specialists for growth.
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.