Where ‘Make in India’ initiative by the government has undoubtedly encouraged potential start-ups to come up with their unique business ideas, crowdfunding has given some of them a reason to taste success.
Nykaa had raised US$ 3.2 million in its first round of funding in June 2014 from a consortium of influential Indian investors. While with the Series B Fund, it’s expected to support its eCommerce growth, launching private label and strengthening marketing
Serial entrepreneurs Subrata Mitra, Larry Braitman, Founder of Flycast & Adify, Venk Krishnan Founder and CEO of Nuware Technologies and others participated in the Pre Series A round of funding raised by online health and wellness start-up CureJoy.
Aims to scale-up the team, technology and operations in newer cities, beauty start-up Belita Retail Pvt Ltd, which runs an on-demands home beauty services marketplace Belita has raised Rs 2.5 crore in angel funding.
Uber Health Tech Pvt Ltd, a start-up that builds social wellness apps for corporate staffers under the brand Zoojoo.be has raised funds to strengthen its team with experts in the area of behavioural science and product development.
Mumbai-based On-demand beauty & wellness services marketplace The Home Salon is founded by husband-wife duo Rishika Chandan and Nihar Thanawala to connect with stylists, therapists and beauticians to the consumers.