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Excited Announcement on Funding to various Companies


Excited Announcement on Funding to various Companies

Norwest Venture Partners Fund

  • Norwest Venture Partners, an investor that has backed unicorns like Amagi, Of Business, Swiggy and Mensa, has raised a new $3-billion fund to invest in early and growth-stage companies in the US, India and Israel.

  • The latest fund brings the firm’s total capital under management to $15.5 billion. In India, it also counts top financial services companies like Kotak Mahindra Bank, IndusInd Bank and Cholamandalam as portfolio firms


Flexi Cloud Internet Gets Strategic Investment From Ramoji Group

  • The fresh flow of funds will help the startup expand its market presence, upgrade its customer service capabilities and ramp up R&D

  • With the investment, the Raoji Group entity aims to expand its presence in Kerala

  • The India cloud computing market is predicted to reach $35.15 Bn by 2033 with a CAGR of 18.54%

Mohit Gupta, Mukesh Bansal’s omnichannel fashion startup Lyskraft

  • Mohit Gupta, Mukesh Bansal’s omnichannel fashion startup Lyskraft raises $26 million in seed funding

  • Former Zomato executive Gupta will steer the venture as CEO, Bansal to stay away from operations. The fashion startup will focus on offline play in the premium women's wear fashion category and expand into other lifestyle segments later.


Capria Ventures announces final close

  • Capria Ventures has concluded the fundraising for its India Opportunity Fund at Rs 153 crore (around $19 million)

  • The fund, which had invested in Awign in February last year, will return more than 20% of the invested capital to its limited partners or sponsors in funds.

  • Capria is a leading Global South specialist venture capital firm investing in tech founders with limitless aspirations, connecting them into a uniquely-collaborative network.

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