Direct-to-consumer snacks and instant foods maker Adukale has secured Rs 11 crore in a funding round led by venture fund Force Ventures. The funds will primarily be used for expansion of the company’s offline presence, its chief growth officer, Vinay Gopinath, told ET.Adukale, founded in 2009, sells a variety of snacks and instant food ingredients for dishes like dosa, idli and poha. With the latest funding round, the firm has raised more than Rs 16 crore.Chief executive Bharat Kaushik said the...
Home improvement firm Arrivae has raised Rs 21 crore from CaratLane founder Mithun Sacheti in an equity round.The firm, founded in 2018 by Yash Kela, will use the funds to go deeper into existing markets and strengthen its supply chain, its business head Raghav Bubna told ET. Arrivae is present in Mumbai, Hyderabad, Gurugram and Bengaluru, and runs 11 stores in these cities.“We want to expand further in these geographical micro-markets, with some measured expansion into new markets also...
Workforce management platform Rippling has raised $200 million in new financing in a Series F round that values the company at $13.5 billion. Rippling has also signed agreements with investors to repurchase up to $590 million in equity from current and former employees and early investors, Rippling CEO Parker Conrad wrote in a Monday (April 22) blog post. The […]
Network-as-a-service (NaaS) provider CloudExtel Wednesday announced it has secured its first external debt funding of Rs 200 crore, that will go into expanding its network of small cells and fiber optics.The telecom infrastructure provider has also received an A- credit rating from CARE Ratings.The debt funding comes after CloudExtel secured equity investments from Macquarie Capital and Advencap in FY24.The company said the capital infusion is a testament to the scalability and viability of...
Paediatric behavioural and developmental health platform Butterfly Learnings on Thursday announced that it completed a series A funding round raising Rs 32 crore.Insitor Impact Asia Fund II and Enzia Ventures led the funding. Other participants included CIIE (IIMA Ventures), Foundation Botnar, 9 Unicorns, and Venture Catalysts.The company plans to use the funds to “extend its reach across multiple states and cities in India through a 200-center network,” it said in a statement. It currently has...
A16z announced that it has raised a new $600 million games fund as part of a $7.2 billion raise for the venture capital company.
Telos Capital Management Inc. increased its stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 0.7% in the fourth quarter, HoldingsChannel reports. The firm owned 22,511 shares of the business services provider’s stock after buying an additional 154 shares during the period. Telos Capital Management Inc.’s holdings in Waste Management were worth […]
Zomato has increased the platform fee it levies on customers for food delivery by 25% to Rs 5 per order effective April 20, according to information on the Gurugram-based company's app and people in the know.The platform fee —a per-order flat charge — has been increased in Zomato's key markets including the National Capital Region, Bengaluru, Mumbai, Hyderabad and Lucknow.According to one of the people, Zomato services 2.0-2.2 million orders per day, and an increase of Re 1 for a large order...
In the second part of VentureBeat's interview, George Kurtz, CEO of CrowdStrike, emphasizes the increasing importance of having cybersecurity expertise and leadership on corporate boards.
Organised by Dan, a young person at the hospital and Chloe Eagle, Head of Phoenix School, the 5km walk took place in Norfolk Heritage Park, Sheffield. Cygnet Hospital Sheffield, on East Bank Road, is a 55-bed hospital which offers a low secure service for women and Child and Adolescent Mental Health services for male and female adolescents over three wards. Dan is a service user on Pegasus Ward, a 13 bed general adolescent acute service, providing support for young people, both male and female....
Customers and the industry believe that having the data, having it organized, and using the data not only for AI training but for other outcomes, is a big part of the platform story.
Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...