Saturday, April 20, 2024
Outlook.com
Outlook India
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Innoven Capital

The retail technology company will utilise the funds to acquire long-term licenses of international fashion and lifestyle brands and expand company’s proprietary technology stack

In 2023, 57 per cent of investors anticipated a further slowdown in funding activity

The report by InnoVen Capital also pointed out that nearly 58 per cent of founders managed to raise funds last year, compared to 92 per cent in 2021

In November 2021, it bagged $14.5 million as a top-up in a Series F funding round

InnoVen Capital and Trifecta Capital infused Rs 50 crore into the Pune-based cloud kitchen brand

The Delhi-based co-working firm had raised around $90 million in funding from Sequoia India, Innoven Capital, Chrys Capital, Link Investments and the Yes Bank group.