FMCG & RETAIL
Amazon Is Adding 20 Fulfilment Centres…
StartupFox
Amazon Is Adding 20 Fulfilment Centres In India, Seven Of Them Outside The Metros
Seven of the twenty fulfilment centres and all six sort centres are in non-metro cities, with Raipur, Ranchi and Varanasi getting their first.
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SAAS & TECH
Lenskart Has Raised Its AjnaLens Stake…
StartupFox
Lenskart Has Raised Its AjnaLens Stake To 9% Across Three Tranches This Year
Three purchases in seven months, each larger than the last, in a company whose revenue has fallen for two consecutive years.
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Popo Global Takes Outside Money for the First Time in Nine Years, at ₹532 Crore
Nine years bootstrapped, profitable on ₹175 crore, and 40 outlets in one city. April reporting suggests much of the ₹532 crore is secondary rather than new money.
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Exclusive: Marmalade Raises ₹6 Crore Selling Whiskey Where It Keeps ₹358 of a ₹1,750 Bottle
The company kept about ₹358 of each ₹1,750 bottle in its first 90 days. Pune and Mumbai are two cities but one excise regime, and the second state is the hard part.
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FMCG & RETAIL
Reliance Enters India's Ice Cream Market…
StartupFox
Reliance Enters India's Ice Cream Market With Bombay Creamery, Priced From ₹10
The range spans cones, cups, tubs, bars and sticks, made with dairy cream rather than vegetable fat. It launches in western India first, against Amul and Kwality Wall's.
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Purple Style Labs Raises ₹306 Crore From Anchor Investors Ahead of Its ₹680 Crore IPO
The parent of Pernia's Pop-Up Shop drew 10 anchors led by ICICI Prudential ahead of its all-fresh-issue IPO. The luxury retailer remains loss-making with a negative net worth.
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[EXCLUSIVE]* Biryani Bees Raises $1 Million From Vivek Oberoi Family Office to Expand Tier 2 Outlet Network
The Wolfpack Labs-incubated brand said it will expand from three outlets to 10 across Tier 2 markets and strengthen its central kitchen. The round is company-stated and its valuation was not disclosed.
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Third Wave Coffee Raises ₹408 Crore Led by WestBridge Capital to Fund Expansion and Dessert Push
The specialty coffee chain raised ₹408 crore from existing backers at a reported ₹2,000 crore valuation, nearly double its 2023 mark, to fund new cities and its dessert push. FY25 losses narrowed.
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Benne Raises ₹35 Crore in Pre-Series A Round Led by Ranjan Pai's Claypond Capital
The Mumbai dosa chain has brought in Ranjan Pai's Claypond Capital as lead of a ₹35 crore pre-Series A. The raise values the three-outlet brand at an estimated ₹364 crore, a figure the company has not itself disclosed.
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Kaapi Machines Raises ₹50 Crore in Equity From Sedna HoReCa Alongside Strategic Partnership
Coffee equipment distributor Kaapi Machines has taken ₹50 crore in equity from B2B foodservice platform Sedna HoReCa. Neither side has disclosed the stake, the valuation or the dilution.
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Apna Mart Raises ₹120 Crore Series C From Existing Backers Accel, Fundamentum and Peak XV
Accel India and Fundamentum have put in ₹55 crore each and Peak XV Partners ₹10 crore. The round is about half the size of the March 2025 Series B at roughly twice the valuation.
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Sid's Farm Raises ₹81 Crore Pre-Series B as Listed Rival Dodla Dairy Takes 2 Percent Stake
The round is led by Omnivore and Narotam Sekhsaria Family Office, with Dodla Dairy, Next Bharat Ventures and LIO joining. Dodla told the exchanges it is paying ₹11.64 crore for 2 per cent.
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Amul Invests ₹600 Crore to Build the World's Largest Curd Factory in Howrah
The massive facility represents a calculated strategic push by India's largest dairy cooperative to consolidate the high-margin, value-added dairy market across the eastern states.
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Parle Products Thanks PM Modi for Gifting 'Melody' to Italian PM Giorgia Meloni
A casual diplomatic exchange just handed a legacy Indian candy brand unprecedented global visibility, while simultaneously exposing the irrational, meme-driven behavior of retail stock market investors.
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