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

Stay tuned to get every day updates in 60 seconds
Former Features Writer
1 min read
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.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.