Browsing: Indian Startup

House of Zelena, a Bengaluru startup specializing in maternity wear, has secured Rs 7 crore in seed funding. Sprout Venture Partners and M Venture Partners co-led the investment round. GSF and angel investors also participated. The company plans to use the funds to enhance its supply chain. They will also invest in product development and community building.

The company plans to deploy the funds towards opening new dark stores in Bengaluru, rolling out formats like cafes and daily subscriptions, expanding into new categories, hiring talent, and investing in brand building.

CityMall has raised $47 million in funding led by Accel. Existing investors including Waterbridge Ventures, Citius, general catalyst, Elevation Capital, Norwest Venture Partners, And Jungle Venture also backed the round.