Tuesday, November 5

Tag: Licious

Top 5 Funding of The Week (24th Sept – 29th Sept)
29Sep By Gauri SinghNo Comments
FUNDING

Top 5 Funding of The Week (24th Sept – 29th Sept)

This week witnessed various funding rounds from a lot of well-known companies and also from well-known backers. Companies like Oyo, Shohoz etc raised funds for different purposes and secured valuable amount of funds. The largest amount of funds were raised by Indian ride-hailing firm Oyo after which the company's valuation has reached around $5 billion and thus, the company crossed a milestone. Here we have the summary of the top five funding activities of the week.     1. SHOHOZ   Bangladesh-based ride-hailing and ticketing platform Shohoz has reportedly secured funds amounting to $15 million in pre-series B financing round. This funding round was led by Singapore’s Golden Gate Ventures.  The other backers that participated in this round included Linear...
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Seafood & Meat Brand Licious Raises $25 million for Expansion
27Sep By Gauri SinghNo Comments
FUNDING

Seafood & Meat Brand Licious Raises $25 million for Expansion

Licious, a seafood and meat brand has reportedly secured funds amounting to $25 million (over Rs 180 crore) in its latest investment round. This funding round was led by Bertelsmann India Investments and Temasek-backed Vertex Ventures Southeast Asia and India. The particular round also saw participation from backers such as UCLA and existing investors Mayfield India, 3one4 Capital, Sistema Asia Fund and InnoVen Capital. The funds so raised by the company will be used in the expansion of its footprint and expand operations to Mumbai and Pune too. At present, the company is present across Delhi NCR, Bengaluru and Hyderabad only. A large part of the capital raised will be also be used to widen this product category as also strengthen the supply chain. “To be able to build a transformat...
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