Chiratae Ventures

Series A round was led by Chiratae Ventures, with White VC, Samved, Y Combinator, GMO, and Rebel Funds, bringing Gullak's total funding to USD 12 million.

The selling shareholders include Iron Pillar PCC, Crimson Winter Limited, Accel India V (Mauritius) Limited, Chiratae Ventures, Global Ecommerce Consolidation Fund, Curefit Healthcare Private Limited, and others.

The capital will be deployed to help ZILO achieve product-market fit, strengthen its hybrid supply chain, forge brand partnerships, and expand its operations beyond Mumbai to other major Indian cities in the coming months.

The round also saw participation from existing investor Chiratae Ventures, Navam Capital, and Ashok Atluri, Founder of Zen Technologies, bringing Frinks AI's total funding to USD 6.25 million.

Representatives from Chiratae Ventures, Lightspeed Venture Partners, and Premji Invest have stepped down from GlobalBees' board, according to the YourStory media sources.

The round also saw participation from new investors Enzia Ventures and ITI Growth Opportunities Fund, alongside existing backers Chiratae Ventures and Omidyar Network India.

The round saw participation from prominent investors including Accel India, Evolvence, Chiratae Ventures, Hero Enterprises, Bertelsmann, and Aavishkaar India.

With the raised funds, platform aims to enhance and accelerate its product, including expanding customisation capabilities, deepening integrations, scaling partnerships, and growing the engineering and customer success teams.

This week saw significant funding activity across diverse sectors, from oncology drug manufacturing to electric vehicle leasing. Here's a roundup of key deals that grabbed attention.

The funding aims to fuel ShopDeck's mission of helping small and mid-sized businesses establish profitable and scalable online operations.

With the raised funds, the Bengaluru-based platform aims to fuel its expansion into the US market and enhance its AI-driven nutrition and fitness coaching capabilities.

This round, part of a larger USD 8-10 million funding push, will primarily focus on scaling operations in Bengaluru and Hyderabad. Dezy had previously raised USD 23 million in a Series A round in 2022.

The startups listed below have disclosed investment rounds.

The Noida-based startup plans to use the new capital to expand its geographical footprint across the NCR region, enhance its brand presence, grow its team, and refine its product offerings.

Here is a list of the startups that have raised the most money this week, from August 10 to August 16.

The new funding will enhance Vayana's trade credit, compliance, and risk management solutions, enabling the launch of innovative, affordable financing products for supply chain support and growth.

The Gurugram-based platform aims to deploy the fresh capital to expand into new regions and enhance its XR technology by integrating advanced artificial intelligence (AI).

The fresh proceeds will help the Delhi-based startup expand its last-mile network across Gurugram and other cities for healthcare, e-commerce, and quick-commerce deliveries.

The Pune-based platform aims to deploy the fresh funds to expand reach, strengthen technological infrastructure, and deepen its impact across India.

Gurugram and California-based Exly aims to deploy the raised funds for product development, customer acquisition and empowering entrepreneurs to maximise earnings.

IDG Ventures India changed its name to Chiratae Ventures in 2018 and Inventus India rebranded the company as Athera Venture Partners in 2022 to reiterate their vision and focus. In addition, Sequoia Capital changed its name this year to Peak XV Partners, taking its cue from Mount Everest, whose previous name was Peak XV until it was changed.