Arihant Foundations Secures Rs 109 Crore Investment to Expand Presence in South India

Tuesday, November 26, 2024 5:14 pm Ankur Srivastava 0

Chennai, India – Arihant Foundations & Housing Limited, a leading real estate developer based in South India, has successfully raised Rs 109 crore through a […]

Indian Startup Weekly Funding News Report

Sunday, May 26, 2024 2:46 pm Ankur Srivastava 0

Indian Startup Weekly Funding Report – July 01 – July 6, 2024 Date Name Sector Subsector Business Model Funding Round Size Funding Round Type Investors […]

ThinKuvate India Fund Launch: Singapore-based angel investment network, ThinKuvate, introduces its first India-focused fund, ThinKuvate India Fund – I, with a corpus of Rs 100 crore. Investment Focus: The fund aims to invest in tech startups across various sectors, providing initial amounts of up to Rs 3 crore per venture. City-wise Rollout: ThinKuvate plans to launch the fund in key cities like Nagpur, Raipur, Bangalore, and Chennai to tap into emerging startup hubs. SEBI Approval: ThinKuvate has obtained SEBI's approval to launch the AIF CAT 1 Fund in India, with an investor base of nearly 200. Leadership and Team: The fund's founding team includes Ghanshyam Ahuja, Ritesh Toshniwal, and Vikas Saxena, with Mayank Jain joining as CEO. Investment Criteria: ThinKuvate prefers startups with revenue generation, patented products, and multiple founders to ensure market presence, innovation, and dynamic leadership. Investment Track Record: ThinKuvate Ventures has invested approximately $1.5 million across nine startups in Southeast Asia and India, expanding to $5 million across 22 startups. Future Deployment of Capital: The fund expects to commence deploying capital in the next quarter to support the growth of promising startups.

ThinKuvate Launches Rs 100 Crore Maiden India Fund, Aims to Boost Tech Startups

Thursday, May 23, 2024 1:56 am Ankur Srivastava 0

Key Points Singapore-based angel investment network, ThinKuvate, has unveiled its inaugural India-focused fund, ThinKuvate India Fund – I, with a substantial corpus of Rs 100 […]

Funding Success: Betel Leaf, an FSSAI-certified online paan company, secures $1.2 million in a bridge round led by Inflection Point Ventures (IPV) and Venture Catalysts, highlighting investor confidence in the venture's potential. Innovative Packaging: The company's emphasis on hygiene is reflected in its triple-layer pouch packaging, ensuring minimal hand touch and cleanliness, a feature that resonates with modern consumer preferences. Expansion Plans: With the newly acquired funds, Betel Leaf aims to expand its retail and online presence from 45 kitchens to 100 kitchens in India and overseas within the next two years, signaling ambitious growth aspirations. Technological Advancements: Investment will also be directed towards developing new automation technology to enhance consistency, increase production volume, and introduce innovative products like the ARID paan and Digestive Innovative Tea. Addressing Consumer Needs: Betel Leaf's focus on delivering authentic, hygienic, and convenient paan options aligns with evolving consumer preferences, filling a gap in the market for traditional Indian desserts. Investor Confidence: IPV's support for Betel Leaf underscores its belief in the venture's ability to address unique consumer needs while maintaining a commitment to quality and authenticity. Market Potential: The paan industry's current market size is estimated to be between Rs 3,000 to Rs 4,000 crore, indicating significant growth opportunities for innovative players like Betel Leaf.

Betel Leaf Secures $1.2 Million in Funding from Inflection Point Ventures (IPV) and Venture Catalysts

Monday, May 20, 2024 10:14 pm Ankur Srivastava 0

Key Points: In a significant stride towards transforming the traditional paan industry, Betel Leaf, an FSSAI-certified online paan company, has successfully raised $1.2 million in […]

Articles by Ankur Srivastava

Arihant Foundations Secures Rs 109 Crore Investment to Expand Presence in South India

Indian Startup Weekly Funding News Report

ThinKuvate Launches Rs 100 Crore Maiden India Fund, Aims to Boost Tech Startups

Betel Leaf Secures $1.2 Million in Funding from Inflection Point Ventures (IPV) and Venture Catalysts

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