Reevoy raises Rs 48 Cr in debt funding
Reevoy, a style buying and selling platform, raised Rs 48 crore in debt funding. The agency plans on utilizing the funds to boost operations and develop operations.
Based by Ankur Khetan, Ishan Dadhich, and Mohit Agarwal, Reevoy helps importers supply style and residential decor merchandise from Indian exporters and gives capital to finance transactions. The agency is presently working with over 10 retailers globally and greater than 80 factories throughout India and Bangladesh.
Investmint raises $2M led by Nexus Enterprise Companions
Investmint, a do-it-yourself buying and selling platform, has raised $2 million in seed spherical from Nexus Enterprise Companions. A number of angel traders additionally participated within the spherical, in line with a launch shared by the corporate.
The agency, which is presently testing its app in beta stage, will use the fund to develop product, analysis and engineering groups. Based in February 2022 by Aakash Goel, who was earlier at Headout, and Jupiter’s co-founder Mohit Chitlangia–Investmint let’s retail traders commerce and spend money on the fairness inventory market. Futures and choices buying and selling can also be accessible for advance merchants.
Antler India invests in its Residency Cohort
Antler India is investing in startups from the enterprise capital agency’s cohort named Antler India Residency. This system lets aspiring entrepreneurs kickstart their journey by serving to them discover co-founders, develop concepts and lift funds, amongst different issues.
Rajiv Srivatsa, Companion, Antler India
“We’re constructing the vital infrastructure wanted to assist founders on the earliest levels of their entrepreneurial journey. The Residency is fastidiously designed to assist aspiring entrepreneurs discover a co-founder and go from thought to funding in as quick a time as three months,” mentioned Rajiv Srivatsa, Companion at Antler India, in a launch shared by the corporate.
The primary cohort consists of over 70 aspiring founders. Antler’s inaugural set of investments span throughout know-how startups working in well being, software program as a service (Saas), local weather and finance, amongst different sectors.