Jumbotail raises $120M, acquires Solv; expands to 400+ cities

Plazza, the quick medicine delivery platform founded by Aman Priyadarshi, secured $1.4 million led by All In Capital to expand its Bengaluru footprint and product range. Plans include opening 20 new outlets and broadening inventory to 20,000 SKUs, challenging traditional pharmacy retail. Investors such as Better Capital and Tracxn founder Abhishek Goyal also participated. Plazza aims for 15-60 minute deliveries and has seen 25% weekly growth, serving 10,000 customers. This investment arrives amid increasing competition from platforms like Instamart (partnered with Pharmeasy) and Zepto in the quick commerce space. #pharmacydelivery #funding #quickcommerce #DeccanFounders #AllinCapital

$450 million. That’s how much Zepto just raised — for the privilege of bringing you bread, milk, and dopamine in 10 minutes. 🥖💸 But this isn’t just another funding headline. It’s a masterclass in how to scale fast without burning cash. Here’s why this round matters 👇 1️⃣ Valuation: $7 billion. Led by CalPERS (yes, a pension fund — not your usual VC). That’s institutional trust in Indian tech. 🇮🇳 2️⃣ $900 million in the bank. That’s not “runway.” That’s endurance. Zepto isn’t chasing survival — it’s planning dominance. 3️⃣ Operating leverage over burn rate. CEO Aadit Palicha said it best: “We’re growing rapidly and building operating leverage.” Translation: scaling smart is the new flex. 💪 Quick commerce isn’t about groceries anymore — It’s about logistics, last-mile data, and trust. So… is this Zepto’s Flipkart moment? Or just another round in the grocery arms race? 🔗 Source (for authenticity): LinkedIn News — Zepto raises $450 million #Zepto #StartupFunding #QuickCommerce #IndiaStartups #AaditPalicha #Innovation #VentureCapital

Navo, a B2B fashion wholesale marketplace powered by AI, has successfully raised Rs 8 crore in a seed funding round led by IndiaQuotient, with additional participation from Antler. This round builds on Navo’s earlier support from DeVC, Bharat Founders Fund, and several angel investors. The company shared that the new funds will be directed towards scaling retailer acquisition, enhancing its AI-based trend prediction engine, and boosting supply chain efficiency to serve the fashion ecosystem better. #Navo #AI #B2B #fashion #IndiaQuotient #Antler #DeVC #BharatFoundersFund #StartupFunding #Entrepolish

🍕 Exciting Times at Nomad Pizza! 🚀 Thrilled to share that our parent company, Curefoods, has successfully raised INR 160 crore (USD 18 million) in a pre-IPO placement from 3 State Ventures, led by Flipkart co-founder Binny Bansal. This funding will empower Curefoods to expand its cloud kitchen network and strengthen its portfolio brands. For us at Nomad Pizza, this means an even bigger opportunity to bring authentic, high-quality pizzas to more customers across India. 🇮🇳 With Curefoods’ revenue crossing INR 745.8 crore in FY25, it’s inspiring to be part of a journey that’s redefining how India experiences food. Being a part of Nomad Pizza, I am proud to contribute to this growth story and excited for what lies ahead with the upcoming IPO. #NomadPizza #Curefoods #PizzaLovers #FoodTech #CloudKitchen #StartupFunding #IndianStartups

Quick commerce giant Zepto is reportedly in talks to raise about $400-450 million in a fresh funding round at a $7 billion valuation, according to reports. The round will be led by US pension fund Calpers, with participation from existing investors including General Catalyst, Avra, Lightspeed, Glade Brook, StepStone, and Nexus Venture Partners. The funding will comprise both primary and secondary transactions, with $350–380 million expected through primary investment. The company has been on an aggressive fundraising spree this year, raising smaller tranches from listed firms such as Motilal Oswal, MapMyIndia, and Elcid. In 2024, it raised over $1 billion, including $665 million in June and $340 million in August, at a $5 billion valuation. Read the full story here:👇 https://lnkd.in/d9EG_2p9 #zepto #funding #delivery #grocery #quickcommerce #indianstartupnews

Zepto’s rapid fundraising momentum reflects the strong investor confidence in India’s quick commerce story. A potential $7B valuation marks not just scale, but the growing global belief in India’s ability to build and back consumer internet giants.

#JustIn: 1. IPO-bound Lenskart.com receives Rs 90 crore from DMart's Damani 2. Zomato’s Goyal Backs Aging Science with $25M Investment in Continue Research 3. Trade finance startup CapitalXB raises $15M in seed round led by Nicolas Walewski 4. Investment platform Wint Wealth in talks to close $20-million round led by Vertex Ventures SE Asia & India, reports MoneyControl 5. Michezo Sports gets $2.5 Mn in pre-Series A funding 6. OkCredit’s FY25 Loss Narrows to Rs 23 Cr; Revenue Jumps 63% 7. CELEWISH raises $750,000 #JustIn #StartupFunding #IPOWatch #VentureCapital #IndiaStartups #FintechNews #BusinessUpdates #LinkedInNews #GrowthCapital #InvestorBuzz

Lenskart.com is reportedly in the final stages of raising ₹250–₹300 crore in a pre-IPO funding round from DMart founder Radhakishan Damani and SBI Mutual Fund, according to sources cited by Inc42. As per its Draft Red Herring Prospectus (DRHP), Lenskart had planned to raise up to ₹430 crore via a pre-IPO placement. The company has yet to comment on the latest development. Earlier this month, SEBI approved Lenskart’s IPO proposal, which includes a fresh issue worth up to ₹2,150 crore and an offer for sale (OFS) of up to 13.2 crore shares. Through the OFS, promoters and cofounders — Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi — along with institutional investors such as SoftBank, Temasek, Kedaara Capital, and Alpha Wave Ventures, will offload part of their holdings. The company is reportedly eyeing a stock market debut next month at a valuation of around $9 billion (₹74,000 crore), making it one of the largest IPOs in India’s consumer tech sector. #Lenskart #Funding #DMart #Founder #SBIMutualFund #PreIpoRound #Startupro

#IPOUpdate Wakefit Innovations has received regulatory approval from SEBI to launch its Initial Public Offering (IPO). The public issue will comprise a fresh equity sale of INR 468.2 crore and an Offer For Sale (OFS) of 5.84 crore shares by promoters and existing investors, including Peak XV Partners and Verlinvest. The company plans to use the proceeds from the fresh issue to expand its retail presence, acquire equipment, fund marketing activities, and meet general corporate needs. Wakefit, which sells mattresses and home products, aims to list its shares on the NSE India and BSEIndia, joining other firms like Lenskart.com and boAt Lifestyle in preparing for the public market. Read the story: https://ow.ly/JSY850X7yKB #WakefitIPO #SEBINews #IndianStartups #EquityMarkets #StartupNews #HomeProducts #InvestmentNews

Curefoods Secures ₹160 Crore Pre-IPO Funding from 3State Ventures Bengaluru-based cloud kitchen operator Curefoods has raised ₹160 crore ($18M) in a pre-IPO placement from 3 State Ventures, the investment arm of Flipkart co-founder Binny Bansal. The fresh capital comes ahead of Curefoods’ planned ₹800 crore IPO, which will include a fresh issue and an offer for sale by early investors such as Iron Pillar, Chiratae Ventures, Accel, and Curefit Healthcare. With a portfolio of brands like EatFit, CakeZone, Nomad Pizza, Frozen Bottle, Sharief Bhai, and Krispy Kreme, Curefoods has scaled to 500+ locations across 70+ cities and even expanded internationally to the UAE. FY25 revenue: ₹745.8 crore FY25 loss: ₹170 crore (narrowed YoY) This investment is expected to reduce the size of the fresh issue in its IPO. Read More: https://lnkd.in/gcuHQbH4 #Foodtech #Curefoods #IPO #FundingNews #StartupEcosystem #BinnyBansal #CloudKitchen