Premji Invest
Lenskart Raises INR 3,268 Cr from Anchor Investors Ahead of IPO
The company, backed by Premji Invest, allotted 8.13 crore equity shares at INR 402 per share, which is the upper end of the price band.
Wealthtech Firm Dezerv Secures USD 40 Mn Funding Led by Premji Invest and Accel
The round also saw participation from Elevation Capital and Z47, formerly known as Matrix Partners India.
Lightspeed, Premji Invest Lead USD 170 Mn Round in Housing Finance Firm Weaver Services
Earlier, Weaver Services acquired Capital India Housing Finance, which served as its anchor asset.
D2C Jewellery Brand GIVA Secures INR 530 Cr Led by Creaegis
The newly secured capital will be used to expand GIVA's retail and digital presence, upgrade its tech-enabled supply chain, strengthen its lab-grown diamond offerings, and diversify into new product categories.
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.
Trident Growth Partners Marks First Close of Maiden Fund at Over INR 1,000 Cr
Trident Growth Partners targets Series B and later-stage investments, acquiring significant minority stakes in category-defining companies across consumer, fintech, enterprise tech, manufacturing, and healthcare sectors.
Biggest Startup Investments This Week: Feb 08–14
The Indian startup ecosystem saw a flurry of funding activity this week, with major investments pouring into fintech, legal tech, cloud computing, and mobility startups. Here's a look at the biggest funding rounds of the week:
AI-Powered CLM Platform SpotDraft Raises USD 54 Mn in Series B Funding
With this fresh capital, the Bengaluru-based company aims to accelerate its AI-driven product development and expand its global market presence.
Top 6 Startups Securing Big Investments This Week (Dec 7–Dec 13)
This week witnessed significant investments in innovative startups across diverse sectors, underscoring the resilience and growth potential of these ventures.
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.