The round was co-led by Kalaari Capital and Endiya Partners, with participation from Better Capital, Carya Venture Partners, and cybersecurity-focused angel investors.
Leveraging technology, COLUXE focuses on AI-powered personalisation, multi-use jewellery settings, and virtual try-ons, making fine jewellery more accessible for everyday wear.
Deconstruct will use the funding to drive product innovation, strengthen sunscreen and serum offerings, dominate the gentle active space, and expand accessibility through quick commerce and retail channels.
AI-powered design platform Figr accelerates UI/UX design with new funding, aiming to enhance product development, expand teams, and drive global growth through generative AI advancements.
The Series A funding round was led by India Quotient, with participation from JSW Ventures and existing investors Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns.
The new capital will be used for team expansion, product development, the introduction of new digital tools and technologies, and outreach to more colleges and universities across the country.
The Mumbai-based fintech platform will use the current funding to enhance brand building, user acquisition, and improve its technology and product stack for a better user experience.
So far this year, women-led startups have witnessed USD 112 million in funding almost in line with USD 123 million raised in the first two months of 2023.