Food and Beverages

Vijay Shekhar Sharma-Backed Roots Ventures Invests In Kaarya Naturals

Paytm’s Vijay Shekhar Sharma supported investment firm Roots Ventures has invested in health food company Kaarya Naturals, which goes by the brand name eighty20. The company has a range of protein and health bars and is now planning to expand its range of healthy snacks with this new funding.

Source: INC42

 

Co-living Space

Amid Cofounder Exit, NestAway Raises USD 5 Mn From Goldman Sachs

Bengaluru-based home rental startup NestAway has raised INR 34.92 Cr (USD 5 Mn) from existing investor Goldman Sachs.

Source: INC42

 

EdTech

AttainU Raises Seed Funds To Compete With The Likes Of Pesto and Unacademy In Edtech Space

Bengaluru-based ed-tech startup AttainU has raised an undisclosed amount of funding from multiple investors. This includes Shailesh Rao ex-Google India Head, Nikhil Rungta ex-Intuit India Head, Anil Gelra, founder, SnapMint and Manish Kumar, founder, KredX, and LetsVenture.

Source: INC42

 

HealthTech

IAN, Axilor, Munjal Group Invest In Healthtech Startup PlusPin

Hyderabad-based health tech startup PlusPin has raised INR 5.25 Cr (USD 733.68K) in a fresh funding round led by Indian Angel Network (IAN). Sanjay Jesrani, Dr. Vinay Tulla, Dr. Kiran Peddi, and Rajan Anandan, among others IAN angels participated in the funding round.

Source: INC42

 

E-Mobility

Hyundai, Kia To Invest In Ola Electric Mobility

Ola Electric Mobility, an arm of the ride-hailing major, will raise capital from South Korean automotive giants Hyundai and Kia, according to a filing with antitrust watchdog Competition Commission of India (CCI).

Source: ECONOMICTIMES

 

FinTech

Payments Firm DotPe To Raise Fresh Funds

Payments platform DotPe is in talks to raise USD 5 million from Naspers Fintech, the fintech investments arm of South African conglomerate Naspers and a Chinese investor, said three people familiar with the development.

Source: LIVEMINT

 

Others

Lee Fixel To Soon Make His First Individual Investment In India

Tiger Global’s former executive Lee Fixel is reportedly eyeing a comeback in the Indian startup ecosystem with his own venture fund called Addition. He is estimated to invest around USD 1 Bn in India and South-East Asia startups, according to a media report which cited sources close to the development.

Source: INC42