funding for business expansion
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Indian Retailer Bureau Oct 15 2021 - 2 min readLeading Mattress brand Duroflex and its online sales arm Sleepyhead have raised US$ 60 million (about Rs 450 crore) from Norwest Venture Partners. This is the second external fundraising by Bengaluru-based Duroflex, which, in 2018, had raised US$ 22 million growth capital from Lighthouse. Since then, it has grown three times through focused retail and online ...
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Prabhjeet Bhatla Aug 05 2021 - 4 min readFashinza, a global B2B manufacturing marketplace, announced on Monday that they have raised $20 million in a mix of equity and debt as part of Series A funding. The round was co-led by marquee existing investors Accel Partners and Elevation Capital along with Abu Dhabi’s DisruptAD, Stride Ventures, Alteria Capital, and Tradecred. The round also ...
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Prabhjeet Bhatla Aug 05 2021 - 4 min readArtificial intelligence (AI)-based edutainment startup, SP Robotic Works, on Friday announced to have raised $3 million in Series A funding led by Mount Judi India Growth Fund. The funding round witnessed additional participation from BCCL and its existing investors Indian Angel Network and multiple renowned angel investors like Ajai Chowdhry (HCL), Raman Roy (Quatrro), etc. ...
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Prabhjeet Bhatla Aug 04 2021 - 4 min readIsrael-based provider of machine learning-powered log analytics and monitoring solutions, Coralogix, on Thursday announced it has raised $55 million in a Series C funding round led by Greenfield Partners, bringing the company’s total amount raised to $96 million. The company aims to pursue its strategic five-year growth plan for the Indian market, whilst assisting ...
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Shwetha Satyanarayan Jan 02 2020 - 2 min readMore than a decade after its launch, Delhi-based Chicago Pizza is looking to raise Series-A funds for faster expansion. The brand plans to dilute 10-20% shares of the company. It has clocked over 150% growth in sales in the current fiscal and asserts to increase the revenues to Rs 1,000 crore over the next three ...