Nykaa raises Rs 67 Cr from Steadview Capital
Online beauty turned omni-channel lifestyle retailer Nykaa is valued at $1.2 billion, thus entering the startup unicorn club. It has raised Rs 66.64 crore from its existing primary investor Steadview Capital.
Shiprocket Raises $13 Mn In Series C Funding
The investment has been led by Tribe Capital LLC, Innoven Capital and Bertelsmann India. The company plans to use the fresh funds towards product development roadmap and International Expansion.
Visual content and photoshoot services startup Spyne raises pre-Series A round
The Gurugram-based startup will use the current funding to build and reinforce the AI-based image editing suite that will help businesses in getting images edited 4x faster with the highest precision.
Microfinance company Sindhuja Microcredit raises $8.7M in Series B from NMI and Carpediem Capital
Sindhuja Microcredit, a new generation digital and rural-focused Micro Finance Institution (MFI) providing financial services to the bottom of the pyramid self-employed women entrepreneurs
Spotify Signs Licensing Deal With Saregama For India
Saregama’s music titles in over 25 languages are now available on Spotify. Spotify hosts over 50 Mn tracks and more than 1 Mn podcast titles.
The Indian online music streaming in India is dominated by Times Internet’s Gaana