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- Colossa WomenFirst Fund Hits Rs 100 Crore, Flipkart's Lightning Deliveries, and Major Investments Rock Markets
Colossa WomenFirst Fund Hits Rs 100 Crore, Flipkart's Lightning Deliveries, and Major Investments Rock Markets
In today’s startup news, Colossa WomenFirst Fund announces a whopping Rs 100 crore raised, while Flipkart's rapid-fire delivery initiative shakes up the fast commerce scene. Tiger Pacific Capital injects $25 million into B9 Beverages for expansion and IndiGo Titan Rakesh Gangwal takes a $20 million plunge into Zetwerk's unicorn domain. Read on for the steaming hot details!
Aaj ki Naari, Sab par bhaari: The Colossa WomenFirst Fund raises Rs 100 crore at its first closing
Happy International Women’s Day!
The Colossa WomenFirst Fund has made a historic debut by raising Rs 100 crore, showing strong support for female-led entrepreneurship. The fund announced the raise on International Women's Day, which seems very appropriate.
This fund is not only changing the rules but also transforming the future of investment dynamics in the entrepreneurial landscape with a dedication to empowering women as founders, co-founders, or primary beneficiaries.
Read more here
Flashing Lights: Flipkart's new initiative to deliver goods under 10–15 minutes threatens the fast commerce industry
Remember Kanye West’s “Flashing Lights” song? It looks like Flipkart took the song to heart and has set out to challenge Swiggy's Instamart, Blinkit, and Zepto! Flipkart is set to challenge these companies as it promises lightning-fast deliveries in as little as 10 to 15 minutes, heating up the competition in the speedy hyperlocal delivery industry. Competitors beware, Flipkart has a large user base already under its belt.
Read more here
Hold my Beer: Tiger Pacific Capital Pours $25 Million into Bira
In a calculated move, Tiger Pacific Capital's $25 million investment gives the brewing industry new life amid Bira's struggles with excessive taxes and a competitive market. This capital infusion follows a previous $25 million investment from Kirin Holdings, which bodes well for B9 Beverages despite its muddled financial situation.
These consecutive investments show a rising belief in Bira's tenacity and potential as the company navigates India's strict beer taxes while dealing with significant losses. The backing of Tiger Pacific Capital gives Bira's future a welcome glimmer of hope as it fights to survive in rough economic waters.
Read more here
Elevated Investing? IndiGo Titan Rakesh Gangwal Ventures $20 Million Into the Unicorn Territory of Zetwerk
With India’s manufacturing industry expected to reach $1 trillion by 2025–2026, Gangwal's calculated action highlights the increasing attraction of tech-enabled innovation in more conventional sectors. Leading this drive with fury is the B2B unicorn Zetwerk, which wants to integrate cutting-edge technologies to transform manufacturing.
Gangwal's large investment not only accelerates Zetwerk's growth but also shows how tech-driven solutions are becoming more and more prevalent in the manufacturing sector. Zetwerk is ready to take off with this funding infusion, changing the market with its creative thinking and drawing interest from well-known investors like Gangwal.
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Fundraising News
$3.4 million in brew from Nexus Venture Partners boosts abCoffee! abCoffee is trying to bring specialty coffee to the Indian market.
Read more hereWriting a success tale, Inknibs secures pre-seed funding of Rs 72.5 lakh from a diverse group of investors. InKnibs is building a stationary marketplace.
Read more hereAyurveda Experience, an Ayurveda focused D2C company, has raised $27 million from Singapore based Jungle Ventures
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