India’s Sovereign Wealth NIIF Invests in FirstCry
The majority of the secondary financing of FirstCry is from NIIF and Premji, and a few other investors have also onboarded in this new funding round. February 11, 2022 India’s sovereign wealth fund – the National Investment and Infrastructure Fund (NIIF) — has made its first bet on FirstCry, India’s largest e-commerce firm for newborns, […]
Cradlewise Raises USD 7mn in Seed Funding Round led by Footwork
Cradlewise, which brings smart cribs for babies from 0 to 2 years, uses AI-enabled technology to learn the baby’s sleep patterns and adapts to changing needs. November 25, 2021 Cradlewise, a Silicon Valley-based company of smart cribs for babies, has raised a series seed round of USD 7 million led by Footwork with significant participation […]
Mamaearth Raises USD 50 million Funding Led by Sofina Ventures
The D2C brand plans to deploy the funds to drive brand growth through expanding its offline distribution and explore inorganic growth opportunities. July 27, 2021 Mamaearth, the toxin-free personal care brand, has raised USD 50 million in a funding round led by Sofina Ventures SA. Existing investor Sequoia Capital India has also participated in the […]