Neha Goenka Shroff and Swarna Daga Mimani were childhood friends when they turned typical childhood things into a startup. This is a story about the startup "Yobler", a marketplace for pre-loved children's goods spanning a variety of product categories, and the journey of these well-placed women to start this venture.
As part of its Series D fundraising round, the beauty and cosmetics company SUGAR Cosmetics has attracted Bollywood actor Ranveer Singh as an investor. The amount of the funding was not made public by the company.
With an initial investment of around Rs 20,000, Circa now receives and processes between 700 and 900 orders per month, generating monthly revenue of Rs 1 lakh.
An investment round headed by Singularity Growth Opportunities Fund and includes Rs 15 crore ($2 million) in venture financing from Trifecta Capital has closed for XYXX, a millennial-friendly brand in the men's innerwear and comfort-wear space. The financing was joined by previous investors Sauce Venture Capital and DSG Consumer Partners.
On August 24, the agritech startup Loopworm announced that it had secured $3.4 million in seed funding from investors led by Omnivore and WaterBridge Ventures.
On Tuesday, Alkesh Kumar Sharma, the secretary of the Ministry of Electronics and IT (Meity), announced that the government aims to promote more than 10,000 startups in the next 5–6 years under the GENESIS programme.