Gurugram-based hospitality major Oyo has raised Rs 1,457 crore ($175 million) in its Series G funding round from a group of investors, including InCred Wealth, Patient Capital, J&A Partners, and ASK Financial Holdings. According to a PTI report, the funding round was approved by 99.99% shareholders at an EGM held on August 8. The investors […]

This week, 29 Indian startups managed to secure funding worth $177.68 million, with 8 growth-stage deals and 19 early-stage deals. Interestingly, two early-stage startups chose to keep their funding details confidential. Growth-Stage Deals Among the growth-stage deals, 8 startups raised a total of $104.8 million in funding this week. The prominent deals include: Early-Stage Deals […]

Pune-based BiofuelCircle, a biomass and biofuel marketplace, has secured ₹45 crore (approximately $5.3 million) in funding led by Spectrum Impact, with participation from a few angels and the company’s promoters. The funds will be used to further expand the company’s operations and strengthen its supply chain. The company has issued 3,27,551 compulsory convertible preference shares […]

Honasa Consumer Limited, the parent company of Direct-to-Consumer (D2C) brand MamaEarth, reported a strong financial performance in the first quarter of the ongoing fiscal year (Q1 FY25). According to the company’s unaudited consolidated quarterly report filed with the National Stock Exchange, MamaEarth’s revenue from operations increased by 17.6% to Rs 554 crore in Q1 FY25 […]