As it looks to ramp up production in the face of increased demand for the alcoholic beverage, Indian craft beer maker Bira 91 raises $70 million in a fundraising round led by Japanese beer company Kirin Holdings Co Ltd.
As advertising expenditures and other costs skyrocketed, Bengaluru-based D2C food tech unicorn 'Licious' consolidated net loss more than doubled to INR 855.7 Cr in the fiscal year 2021–2022 (FY22).
Lentra, a fintech SaaS company with headquarters in Pune, has raised $60 million in a Series B round headed by its current backers, Bessemer Venture Partners and Susquehanna International Group (SIG) Venture Capital.
Amidst a financing crunch, Amagi Media Labs, a top provider of media technologies, raises over $100 million in investment, including $80 million in primary capital from global growth equity firm General Atlantic.
The Indian venture capital company Chiratae Ventures, which focuses on funding early-stage entrepreneurs, has received Rs 759 crore as the first closure of a new fund that will invest in growth-stage businesses.