Key Takeaways
- • Multiples Alternate Asset Management led a funding round of over $100 million in fine jewellery brand GIVA, with proceeds earmarked for leadership hiring, manufacturing capability and expansion to more than 1,000 offline outlets over three to five years.
- • Clinics On Cloud raised $12.5 million in a Series A round from Dubai-based investors via Model42, powered by Enlightened Minds Investments, to bolster its AI-led healthcare capabilities and scale its connected microclinic network.
- • Peppermint Robotics, a Pune- and Austin-based maker of autonomous cleaning robots, raised ₹100 crore in a pre-Series B round led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund.
- • Upsurge India led a secondary transaction worth over ₹50 crore in iD Fresh Food, transferring about 1 per cent equity and enabling early investor Blue Ashva Capital to exit; the company has previously indicated a late-2027 listing target.
- • Other deals in the roundup included PowerUp Money's $10 million raise led by Flourish Ventures, altM's $10.3 million Series A led by Rainmatter and Mela Ventures, and Two Point O Capital's $10 million round led by Transition Venture Capital.
Summary
ETEntrepreneur's weekly funding roundup highlighted deals across healthtech, consumer brands, deeptech and fintech, with the week's activity spanning more than $250 million in aggregate capital according to the publication's headline framing.
The largest transaction reported was Multiples Alternate Asset Management's lead role in a funding round of over $100 million, alongside co-investors, in fine jewellery brand GIVA. The capital will support strengthening the leadership team, building manufacturing capabilities and expanding the offline footprint to more than 1,000 outlets over the next three to five years.
In healthtech, Clinics On Cloud raised $12.5 million in a Series A round from Dubai-based investors through Model42, powered by Enlightened Minds Investments. The company plans to deploy the funds into its artificial intelligence-led healthcare capabilities, research and development, and scaling of its connected microclinic network.
In robotics, Peppermint Robotics raised ₹100 crore in a pre-Series B round led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund. The Pune- and Austin-based developer of autonomous cleaning robots will direct the capital toward research and engineering, manufacturing expansion, international operations, market development and hiring.
Upsurge India led a secondary transaction valued at over ₹50 crore in Bengaluru-based iD Fresh Food, involving the transfer of about 1 per cent equity. Triumph Global Fund and White Whale Ventures co-led the deal, which allowed early investor Blue Ashva Capital to exit. iD Fresh Food has previously indicated late 2027 as a target for a public listing, subject to market conditions and its ability to strengthen profitability.
Other transactions in the roundup included PowerUp Money's $10 million round led by Flourish Ventures, with participation from Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC; altM's $10.3 million Series A led by new investors Rainmatter by Zerodha and Mela Ventures; Two Point O Capital's $10 million round led by Transition Venture Capital; and Let's Game Now's ₹30 crore round backed by Anand Mahindra, Bestvantage Investments and a UAE-based family office. Sachin Tendulkar also made a strategic investment in Metasports Interactive, maker of the Hitwicket cricket game, with the size undisclosed.
The largest transaction reported was Multiples Alternate Asset Management's lead role in a funding round of over $100 million, alongside co-investors, in fine jewellery brand GIVA. The capital will support strengthening the leadership team, building manufacturing capabilities and expanding the offline footprint to more than 1,000 outlets over the next three to five years.
In healthtech, Clinics On Cloud raised $12.5 million in a Series A round from Dubai-based investors through Model42, powered by Enlightened Minds Investments. The company plans to deploy the funds into its artificial intelligence-led healthcare capabilities, research and development, and scaling of its connected microclinic network.
In robotics, Peppermint Robotics raised ₹100 crore in a pre-Series B round led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund. The Pune- and Austin-based developer of autonomous cleaning robots will direct the capital toward research and engineering, manufacturing expansion, international operations, market development and hiring.
Upsurge India led a secondary transaction valued at over ₹50 crore in Bengaluru-based iD Fresh Food, involving the transfer of about 1 per cent equity. Triumph Global Fund and White Whale Ventures co-led the deal, which allowed early investor Blue Ashva Capital to exit. iD Fresh Food has previously indicated late 2027 as a target for a public listing, subject to market conditions and its ability to strengthen profitability.
Other transactions in the roundup included PowerUp Money's $10 million round led by Flourish Ventures, with participation from Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC; altM's $10.3 million Series A led by new investors Rainmatter by Zerodha and Mela Ventures; Two Point O Capital's $10 million round led by Transition Venture Capital; and Let's Game Now's ₹30 crore round backed by Anand Mahindra, Bestvantage Investments and a UAE-based family office. Sachin Tendulkar also made a strategic investment in Metasports Interactive, maker of the Hitwicket cricket game, with the size undisclosed.
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