Tuesday, November 5

Tag: Eat Anytime

Funding Of The Week (25th June – 30th June 2018)
FUNDING

Funding Of The Week (25th June – 30th June 2018)

This week we witnessed a good number of funding activities. A few companies raised a considerable amount of funding from various investors and thus, we have come up with a summary of all the fundings that took place this week i.e. from 25th June 2018 to 30th June 2018.     1) PolicyBazaar.com ETechAces and Consulting which operates PolicyBazaar.com has raised over USD 200 million (around Rs 1,360 crore) through a fresh round of investment led by Japan's SoftBank. The current round of funding will value the company over USD 1 billion. The funds would be used to grow the lending, investment and insurance business along with new initiatives such as healthcare tech and services and international expansion. PolicyBazaar.com has raised a total of USD 366 million throu...
Healthy Snack Bar Company raises Rs. 3.43 Cr Funding from Sprout Venture
FUNDING

Healthy Snack Bar Company raises Rs. 3.43 Cr Funding from Sprout Venture

Eat Anytime parent's company Wholesome Habits Pvt. Ltd. which sells healthy snack bars has raised $500,000 (Rs. 3.43 crore) seed funding from an early stage investment firm Sprout Venture Partners along with a clutch of high net worth individuals. Rishit Sanghvi, founder of Wholesome Habits said on the recent development, "The funding would be primarily used for marketing, branding, increasing the distribution network and launching new products within healthy snack category." Started in 2016, the Mumbai based company was founded by Rishit Sanghvi and Rohit Garodia. In addition, the company also in-house chefs, technologist, and dieticians for product curation. With over more than 500 stores in Pune, Mumbai, Chennai, Bangalore and Hyderabad, the company also sells through an onl...