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Edelweiss PE fund leads $25.3-mn funding in Rentomojo

TMT

21 February, 2024

Edelweiss PE fund leads $25.3-mn funding in Rentomojo

Bengaluru-based furniture rental startup Rentomojo has raised Rs 210 crore ($25.3 million) led by Edelweiss Financial Services’ private equity fund ......

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Lightbox-backed Furlenco takes a valuation knock as it gets strategic investor

TMT

17 July, 2023

Lightbox-backed Furlenco takes a valuation knock as it gets strategic investor

Online furniture rental startup Furlenco has likely taken a valuation haircut as strategic backer Sheela Foam, the owner of the ......

Sleepwell mattress maker Sheela Foam to buy Kurl-on, invest in Furlenco

Consumer

17 July, 2023

Sleepwell mattress maker Sheela Foam to buy Kurl-on, invest in Furlenco

Sheela Foam, owner of Sleepwell brand, has agreed to acquire rival mattress maker Kurlon and a 35% stake in furniture ......

Ex-Furlenco exec joins Grip to drive business growth

People

20 September, 2022

Ex-Furlenco exec joins Grip to drive business growth

Finance firm Grip Invest on Tuesday said it has appointed Vaibhav Laddha as the chief business officer to spearhead the ......

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Klub marks close of its ₹200 crore maiden fund

Finance

05 September, 2022

Klub marks close of its ₹200 crore maiden fund

Revenue-based financing platform Klub said it has closed its debut fund of ₹200 crore. The fund has disbursed 30% of ......

UpGrad pockets $210 mn in fresh funding

TMT

08 August, 2022

UpGrad pockets $210 mn in fresh funding

Upskilling unicorn upGrad on Monday said it has secured $210 million (around Rs 1,638 crore) in a fresh round of ......

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Imarticus to acquire Skillenza after common investor push

TMT

08 July, 2022

Imarticus to acquire Skillenza after common investor push

Digital learning platform Imarticus Learning Pvt Ltd is in advanced talks to acquire data driven skill acceleration platform Skillenza in ......

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The despair of new economy workers as the funding crunch hits home

People

31 May, 2022

The despair of new economy workers as the funding crunch hits home

On his wedding day, Mayank Dubey, a senior business development associate at edtech startup Lido Learning, was told that his ......

Furlenco raises debt against receivables

Consumer

11 May, 2022

Furlenco raises debt against receivables

Online furniture rental startup Furlenco, which is run by Bengaluru-based House of Kieraya (HoK), has raised debt from revenue-based financing ......

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Lightbox to unveil new fund this year; eyes at least one new bet from Fund III

Finance

17 February, 2022

Lightbox to unveil new fund this year; eyes at least one new bet from Fund III

Lightbox, the backer of unicorns such as Rebel Foods and Droom, plans to launch its new fund this year as ......