Investment

JIIF Investors Contribute ₹26.5 Crore to Atomic Capital’s ₹350 Crore Consumer-Focused VC Fund

JIIF Investors Contribute ₹26.5 Crore to Atomic Capital’s ₹350 Crore Consumer-Focused VC Fund

New Delhi — Investors from early-stage angel network JIIF have participated in a ₹350 crore fund launched by Atomic Capital, a consumer-focused venture capital firm. JIIF-affiliated investors contributed ₹26.5 crore to the fund. This represents one of the larger collective investments by JIIF members in the consumer venture capital sector. Atomic Capital aims to invest in startups addressing emerging consumption patterns in India, including digital-first brands, regional markets, and health-related products. Jeenendra Bhandari, Chairman of JIIF, said the investment reflects the network’s interest in supporting consumer-oriented ventures. “It is a proud moment to see JIIF members backing Atomic Capital’s first…
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That Sassy Thing Raises ₹6 Cr in a seed funding round

That Sassy Thing Raises ₹6 Cr in a seed funding round

Delhi: — That Sassy Thing, the women-first sexual wellness brand, has raised ₹6 crore in a seed funding round led by Inflection Point Ventures (IPV). The funding round also saw participation from prominent entrepreneurs like Bala Sarda (Vahdam Teas), Saurabh Munjal (Lahori Zeera), Kirti Jangra (Animall Technologies), and Chandigarh Angels Network (CAN). Founded in 2021 by Sachee Malhotra and Himanshu Bhalla, That Sassy Thing is reimagining the sexual wellness space in India with a bold, stigma-free, and pleasure-positive approach. The brand’s product range—including full-body massagers, aloe-based lubricants, and intimate washes—is designed for safety, discretion, and comfort. What sets it apart…
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Findi Secures INR 243 Crore to Fuel Indian Fintech Expansion

Findi Secures INR 243 Crore to Fuel Indian Fintech Expansion

New Delhi, March 26, 2025 – Findi Ltd (ASX: FND), an Australian-listed fintech company, has raised A$45 million (INR 243 Crore) to bolster its majority-owned Indian subsidiary, Transaction Solutions International (India) Pvt Ltd (TSI). This significant capital infusion, one of the largest fintech fundings in India in the past six months, underscores Findi's growing influence in the country's rapidly evolving digital payments sector. The funding was secured through an institutional placement and share purchase plan (SPP), attracting strong participation from institutional investors. The proceeds will be strategically deployed to enhance TSI's technological infrastructure, expand its merchant payment solutions, and accelerate…
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Sonoco Invests in Hyderabad Tech Hub, Creating Hundreds of Jobs

Sonoco Invests in Hyderabad Tech Hub, Creating Hundreds of Jobs

Hyderabad – Global packaging giant Sonoco has launched a state-of-the-art Performance Hub in Hyderabad, investing up to $10 million in the first phase. The facility will house up to 500 technologists within the next three years, creating significant job opportunities and solidifying Hyderabad's position as a key player in Sonoco's global operations. The hub, inaugurated on February 17, 2025, will focus on leveraging data analytics, automation, and emerging technologies to drive innovation in packaging design and manufacturing. Sonoco aims to onboard around 300 employees in the next 12-18 months, eventually scaling up to 500. "The Hyderabad Performance Hub is a…
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Velocity Pours ₹200 Cr into India’s Booming F&B Sector

Velocity Pours ₹200 Cr into India’s Booming F&B Sector

Bengaluru: Velocity, a leading cash-flow based financing platform, has announced a significant investment of ₹200 crore to empower India’s burgeoning restaurant and cloud kitchen industry. The fund is specifically designed to cater to the unique financial needs of F&B brands, particularly those operating on popular food aggregator platforms like Zomato and Swiggy. The F&B sector in India is experiencing exponential growth, driven by rising disposable incomes, evolving consumer preferences, and the increasing popularity of online food delivery. According to a report by Swiggy and Bain & Company, the market is projected to nearly double, reaching ₹9 trillion by 2030. Velocity's…
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LiaPlus AI Secures INR 2 Crore in Seed Funding to Revolutionize AI-Driven Customer Support

LiaPlus AI Secures INR 2 Crore in Seed Funding to Revolutionize AI-Driven Customer Support

New Delhi: LiaPlus AI, a provider of AI-powered customer support solutions, has successfully raised INR 2 Crore in a Seed Round led by Inflection Point Ventures. Chandigarh Angel Network (CAN) and Growth91 also participated in the round. The fresh capital infusion will be channeled towards accelerating product and technology development, expanding the team, and bolstering sales and marketing efforts. Lia, the company's flagship AI Call Assistant, is designed to streamline sales and customer support operations by executing tasks akin to human agents. The AI Employees platform supports 18 languages, can handle millions of calls per hour, operates 24/7, and even…
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Valyx Raises $800K in Pre-Seed Funding to Automate B2B Revenue and Receivables

Valyx Raises $800K in Pre-Seed Funding to Automate B2B Revenue and Receivables

Bangalore: Valyx, an AI-powered platform that automates B2B revenue and receivables management, has secured $800,000 in a pre-seed funding round. The investment was co-led by Huddle Ventures and Waveform Ventures, with participation from Bharat Founders Fund and Propell Fund. Valyx, founded in late 2023, aims to streamline the often complex and time-consuming processes of billing and collections for businesses. The platform offers a suite of features including rate card management, usage-based billing, collections, cash application, reconciliation, dispute management, and collaborative receivables tracking. By automating these tasks, Valyx allows finance and sales teams to focus on core business activities and building…
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Rapido Secures $200 Million in Series E Funding, Eyes Pan-India Expansion

Rapido Secures $200 Million in Series E Funding, Eyes Pan-India Expansion

Mumbai: Rapido, India's leading ride-sharing platform, has raised approximately $200 million in its Series E funding round, propelling its valuation to $1.1 billion. This substantial investment underscores Rapido's remarkable growth and its ambition to reshape shared mobility across India. The funding round was spearheaded by WestBridge Capital, a prominent investment firm with a focus on the Indian market. Existing investor Nexus also participated, alongside new investors Think Investments and Invus Opportunities. Rapido plans to utilize the fresh capital to fuel its expansion across India and bolster its technology platform to improve service quality. The company intends to amplify its operations…
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TransBnk Scores Big with $4 Million Funding in Series A

TransBnk Scores Big with $4 Million Funding in Series A

Mumbai: TransBnk, the fintech startup, has just bagged a massive $4 million in Series A funding. This cash injection is a major win for the Mumbai-based company, and it's all thanks to a group of savvy investors. Leading the charge is 8i Ventures, a venture capital firm with a knack for spotting the next big thing in fintech. Accion Venture Lab, a global impact investor, also jumped on board, showing their faith in TransBnk's mission to make financial services more accessible and efficient. So, what's TransBnk up to with all this newfound cash? Well, for starters, they're looking to expand…
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Inflection Point Ventures Cashes Out on Fashor Investment

Chennai: Inflection Point Ventures (IPV), the go-to angel investor for budding Indian startups, has just scored a major fashion win. The firm has officially exited its investment in Fashor, a trendy fashion brand that IPV backed in 2019. And the payoff? A cool 33% Internal Rate of Return (IRR). That's right, IPV's fashion-forward gamble paid off big time. This marks another successful exit for the venture capital firm, cementing its reputation as a fashion-savvy investor. IPV's investment in Fashor wasn't just about throwing money at a promising brand. The firm played a key role in guiding Fashor's growth and helping…
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