With fresh funding, The Kenko Life will expand in Bengaluru and Hyderabad, enhance products and technology, grow its team, boost kitchen capacity, and promote personalized nutrition with eco-friendly packaging.
The approved offerings include the JioBlackRock Nifty 8–13 Yr G-Sec Index Fund, Nifty Smallcap 250 Index Fund, Nifty Next 50 Index Fund, and Nifty Midcap 150 Index Fund. Among these, three are equity-based index funds, while one is focused on government debt securities.
The fresh funds will be used to deploy over 10,000 LNG and EV trucks and establish a nationwide network of 100 LNG refuelling stations, EV charging stations, and battery swapping facilities.
The fresh capital will be used to introduce new product features, expand Lehlah's team and reach, and strengthen its position in India's growing influencer-led shopping ecosystem.
Angel investors, including Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy), and Jaydeep Burman (Rebel Foods), who had previously shown faith in the company, further reinforced its strong market position.
With Rainmatter's support, SIS plans to expand to 10 cities by 2026, providing a safe and inclusive environment for women to engage in physical activities.
Angel investors, including Binny Bansal (Flipkart co-founder), Nikhil Kamath (Zerodha co-founder), and Sriharsha Majety (Swiggy co-founder), also participated in the round.
Among India's 29 profitable unicorns, Zerodha led the pack, emphasising the ecosystem's shift toward sustainability. Inclusivity also shone through, with 19 unicorns led by women founders, showcasing the evolving entrepreneurial landscape.
"I've been wondering for a long time if students will have different outcomes if they have access to education that is more personalised and customised," said Kamath
The company plans to use the fresh funding to expand its footprint to 50 cities, enhance its technology, hire talent, and strengthen its brand presence.
Zerodha plans to invest USD 10,000 to USD 100,000 in individual FOSS projects, with a total annual allocation of USD 1 million, potentially increasing the amount as fund management evolves.
The funding will be instrumental in developing a comprehensive eldercare platform that integrates healthcare, wellness, lifestyle, and social engagement services—all delivered within the comfort of seniors' homes.
The second season of the league, which is set to take place in early 2025, will see Zerodha co-founder Nikhil Kamath, Curefoods founder Ankit Nagori, and Accel partner Prashanth Prakash stepping into the role of franchise owners.