Brand Capital | Pixr8 News

9Aug By AnkitaNo Comments

FUNDING

Online Jewelry Platform JewelMaze Raises USD 4 MN From Brand Capital

Mumbai, India, 09th Aug 2019: JewelMaze, an online Fast Fashion Jewelry marketplace has raised $4 million from Brand Capital, the strategic investment arm of Bennett Coleman and Co. Ltd. The business has grown for the past 2 years and the fund infusion will propel rapid expansion and widen their product base. Says Ritesh Barbhaya, CEO - JewelMaze, "The funding is the result of the brand’s focus on delivering quality products and building an online community with a robust ecosystem committed to delight the customer. We are very pleased to have Brand Capital as an investor which in turn provides us access to the BCCL platform enabling us to reach a wider audience." Adds, Sam Subramaniam, CEO, Brand Capital, "Brand Capital continues to encourage ambit...

Doubtbox Raises Investment From Times Group Owned Brand Capital

Kochi, Kerala, India: The strategic investment arm of the Times Group Media House, Brand Capital, has done an Investment of undisclosed amount in a Kerala based Educational Technology startup company, Doubtbox. Doubtbox is a learning platform that will make the child learn effortlessly and easily.Doubtbox is founded by the promoters of eTutor, a path-breaking digital content repository, which is used by more than half a million school students for the last one decade. According to Ranjith Balan, the Founder and CEO of Doubtbox, the freshly raised funds will be used for branding in order to compete with other players especially Byju’s and Toppr Learning. Post this funding, the valuation of Doubtbox is expected to be between INR 50 Crores and 60 Crores. The online education sec...

MyGlamm Raises 40 Cr ($6mn) From LOccitane Intl, Tano Cap, Brand Cap

On demand beauty services startup MyGlamm has raised USD 6 million (about Rs 40 crore) from global beauty giant- LOccitane International, US-based PE fund Tano Capital and Brand Capital. "MyGlamm will be growing across India and also has global expansion plans with a rollout planned in eight more cities in the country along with a launch in the Middle East," MyGlamm Founder Darpan Sanghvi said in a statement today. The strategic support of LOccitane in MyGlamms growth will also be a big differentiator over the competition, he added. Launched in 2015, MyGlamm offers beauty service at home, which includes basic grooming like waxing and threading to more elaborate requirements like bridal makeovers, mehendi, and spas. It is doing 600 services a day, the company said. At pr...