With the funding, the Spice Brothers become the first new-age e-commerce brand in India to secure funding in the spice segment, raising ₹400 Million From JM Private Equity.

LabFriend, the fastest growing online laboratory equipment and scientific supply store, offers 75,000 high-quality products from 430 European brands. The user-friendly platform provides everything from microscopes to petri dishes at affordable prices.

This outlier firm, a B2B e-commerce platform called Udaan, has received $120 million in convertible notes and debt when the startup ecosystem is experiencing a funding constraint this year.