E-Commerce

Social Commerce Startup Meesho Raises $125M In New Funding Round Led By Naspers

Social e-commerce startup Meesho has announced the closing of USD 125 Mn funding round led by Naspers, which also witnessed participation from Facebook and existing investors SAIF Capital, Sequoia Capital, Shunwei Capital, RPS and Venture Highway.

Source: INC42

 

Lifestyle

Fashion-tech startup GetNatty secures seed funding

Online-to-offline brands aggregator and fashion discovery platform GetNatty Designtech Private Limited said in a statement that it has raised seed funding from a bunch of individuals.

Source: VCCIRCLE

 

FinTech

Bertelsmann India leads $30 mn funding in gold loan platform Rupeek

Rupeek Fintech Pvt. Ltd., a fintech company that operates an online marketplace for gold loans, has raised USD 30 Mn in a funding round led by Bertelsmann India Investments, the strategic arm of Germany’s Bertelsmann SE & Co. KGaA.

Source: VCCIRCLE

 

FMCG

Parle Biscuits invests in Series A round of FMCG startup WIMWI Foods

WIMWI Foods, a Bengaluru-based FMCG startup, has raised an undisclosed amount in its Series A funding round from Parle Biscuits.

Source: YOURSTORY

 

Food and Beverages

Singer Sukhbir Singh invests in tech-enabled beverage startup LQI

LQI, a Gurugram-based beverage startup, has raised an undisclosed amount of funding from singer turned angel investor Sukhbir Singh, making this his very first investment in India. The investment is a part of the USD 2 Mn seed funding round, which the company is raising from angel investors.

Source: YOURSTORY

 

Finance

Fireside set to raise a second fund worth $100 million

Fireside Ventures, a Bengaluru-based early-stage venture investment fund focused on consumer brands, is in the process of raising a USD 100 Mn second fund, said two people aware of the developments.

Source: LIVEMINT