Marico picks 45% stake in men’s grooming startup Beardo

Stack_shah_001Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, on Friday announced its foray into the male grooming market by picking up stake in Zed Lifestyle Pvt Ltd, which owns Beardo. The FMCG major, as per a stock market disclosure, acquired 45% stake for an undisclosed amount in the Ahmedabad-based company. The […]

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Fashion startup CoutLoot acquires Once Again Store

For-Find-me-a-shoe-storyMumbai-based MJVS Fashion Services Pvt Ltd, which operates used-apparel reselling platform CoutLoot, has acquired Bengaluru-based Stororo Services Pvt Ltd, for an undisclosed amount. Stororo runs fashion and apparel portal for sellers Once Again Store. Post the acquisition, all products listed on Once Again Store will now appear on the CoutLoot app, the startup said in […]

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Flashback 2016: Top angel networks in India

The year 2016 saw over 100 deals in the startup ecosystem by India’s top seven angel networks, including newly founded networks such as Venture Catalysts and Chandigarh Angels. The chunk of these deals were closed by Indian Angel Network (IAN), which maintained its position at the top. IAN, which comprises 450 investors across 10 countries, […]

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Groceries startup Supr Daily secures funding from Venture Catalysts, angel investors

For-SuprDaily-Story-TC_ThinkstockPhotos-101464110Mumbai-based daily consumables startup Supr Daily has raised an undisclosed amount of funding led by angel investors from Venture Catalysts such as Dr Apoorv Ranjan Sharma and Anil Jain. Krishna Jhunjhunwala, Anirudh Damani, Anuj Golecha, Dheeraj Jain (partner at Redcliffe Capital) and Harshvardhan Rajgarhia (Overnite Express) are some of the other angels who were part […]

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Exclusive: GoMechanic secures seed investment from Venture Catalysts

For-Oasis-Story-Final_feAutomobile servicing platform GoMechanic, run by Targetone Innovations Pvt. Ltd., has raised $250,000 (nearly Rs 1.68 crore) in funding from seed investment and innovation platform Venture Catalysts. GoMechanic was founded in April this year by IIM-Ahmedabad alumni Amit Bhasin and Kushal Karwa. Later, Nitin Rana and Rishabh Karwa joined the founding team. “The funds will […]

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Confused about Navratris? Let these startups figure it out for you

NavratriFestivals mean being with the family, mouthwatering food, sweets and performing religious rituals or havans at home. The havans and prayers can, however, be nerve-wracking for many who don’t know much about auspicious timings, which prayers to conduct on a particular day and where to find a pandit. Worry not. A startup in your city […]

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Business communication app AppSay raises $150K from Venture Catalysts

Money111Business communication platform AppSay, which is operated by Custmore Interactive Solutions Pvt. Ltd, has raised $150,000 (Rs 1 crore) in its first round of funding from seed investment firm Venture Catalysts, it said in a statement. The round was led by angel investors Shreyans Shah and Mayank Shah. The startup will use the capital for […]

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Business communication app AppSay raises $150K from Venture Catalysts

Money111Business communication platform AppSay, which is operated by Custmore Interactive Solutions Pvt. Ltd, has raised $150,000 (Rs 1 crore) in its first round of funding from seed investment firm Venture Catalysts, it said in a statement. The round was led by angel investors Shreyans Shah and Mayank Shah. The startup will use the capital for […]

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Seed investment platform Venture Catalysts raises $500K from Zaffiro Ventures

Rupess_feMumbai-based seed investment platform Venture Catalysts has raised $500,000 (around Rs 3.4 crore) from Zaffiro Ventures. This round puts the firm at a post-money valuation of Rs 40 crore. The investment platform, which recently expanded its operations into Surat, will use the funds to expand its presence in five cities in 2016. It also aims […]

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Seed investment platform Venture Catalysts raises $500K from Zaffiro Ventures

Rupess_feMumbai-based seed investment platform Venture Catalysts has raised $500,000 (around Rs 3.4 crore) from Zaffiro Ventures. This round puts the firm at a post-money valuation of Rs 40 crore. The investment platform, which recently expanded its operations into Surat, will use the funds to expand its presence in five cities in 2016. It also aims […]

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