Inamo raises $3M in seed funding for dark store expansion

Handpickd raises $15M in Series A funding! Gurugram-based fresh-commerce startup Handpickd, founded by Anant V. Goel, Nitin Gupta, and Sahil Madan, has secured $15 million led by Bertelsmann India Investments, with participation from Titan Capital Winners Fund and existing investors. With its zero-inventory model, Handpickd is redefining fresh produce delivery, efficient, sustainable, and truly farmer-first. Read More at Ascendants: https://lnkd.in/ejTF9_Fs

Bengaluru-based startup Oolka has secured $7 million in seed funding this September, led by Lightspeed India Partners and Z47, with support from 8i Ventures and several industry leaders. Founded in 2024 by Utkrishta Kumar (UK), former Chief Business Officer at Meesho, the company has already processed over ₹100 crore in repayments for nearly two million users. Oolka’s platform is powered by agentic AI, offering real-time credit improvement, EMI and loan tracking, and personalized insights for users. The funding comes at a time when workflow automation and AI adoption are reshaping industries worldwide, with the global automation market expected to grow at over 14% annually.

#HealthTech Plazza, a healthtech logistics startup, has raised $1.4 million in seed funding to transform quick medicine delivery in India. The funding round was led by All In Capital, with participation from notable investors including Better Capital, Abhishek Goyal (founder of Tracxn), and Vivekananda Hallekere (co-founder of Bounce). Founded in November 2024 by Aman Priyadarshi, a former Zomato executive, Plazza has established a 24/7 medicine delivery service known for its speed and reliability. The new capital will be used to scale operations, enter new markets, and enhance the company's technology and last-mile delivery infrastructure. This strategic investment aims to position Plazza as a leading platform in India's growing quick commerce healthcare sector. Read the story: https://ow.ly/rtFl50X3c66 #MedicineDelivery #QuickCommerce #LogisticsInnovation #HealthcareStartups #LastMileDelivery

#Update Meolaa, Reo.Dev, and UGX.ai Raise Early-Stage Funding FMCG Platform Meolaa Raises USD 6 Mn Pre-Series A Round Bengaluru-based FMCG startup Meolaa has raised USD 6 million in a pre-Series A funding round led by General Catalyst, with participation from Claypond Capital, Colossa Ventures, Kunal Shah, Turbostart Global, and existing investors. The startup had previously secured USD 4.43 million in a seed round from Manipal Group and other backers. The fresh funding will support investments in AI and data science infrastructure, brand expansion, and operational scalability. Founded in 2023 by Ishita Sawant, Meolaa operates as an e-commerce marketplace curating sustainable and high-quality D2C brands across fashion, beauty, home, and baby care. The platform charges brands a commission on sales and focuses on providing consumers with ethical and mindful product options. Read more: https://lnkd.in/gRkTCdY3 #Update #Meolaa #StartupFunding #EcommerceInnovation #SustainableBrands #D2CIndia #AIandDataScience #GeneralCatalyst #ColossaVentures #TurbostartGlobal #EntrepreneurIndia #StartupEcosystem #InvestmentNews

Navo , an AI powered B2B fashion Wholesale market place, founded in 2021 by Suparn Goel & Anshul Singhal at Gurugram, raises INR 8 Cr led by IndiaQuotient , with Antler Ventures. Round follows earlier backing from DeVC Bharat Founders Fund & other angel investors. #trivianights mystartupyatra Startup India Startup Haryana Navo (formerly Bizup) Indian Institute of Management Ahmedabad Indian Institute of Technology, Delhi #fashionretail

Handpickd, India's 'zero stock fresh commerce' startup, secured $15M in Series A funding led by Bertelsmann India Investments. Founded in 2024 by Anant V. Goel, Nitin Gupta, and Sahil Madan, Handpickd uses a zero-inventory model, sourcing directly from farmers for quick delivery in Gurugram, Noida, and Bengaluru. Goel highlights the absence of warehouses enables efficient demand-supply matching and reduced waste. The funding aims to strengthen talent and optimize the supply chain. This investment is notable, given the closures of Otipy, Fraazo, and Deep Rooted, despite prior funding. #FreshCommerce #StartupFunding #Handpickd #DeccanFounders

Bengaluru-based logistics tech startup StackBOX is set to raise Rs 23.18 crore (around $2.63 million) in its Series A round from ENRISSION INDIA CAPITAL INC. and White Whale Ventures. The board will approve the allotment of 1,005 Series A compulsory convertible preference shares at Rs 2,30,713 each. With Enrission India Capital already contributing Rs 13.2 crore, Stackbox’s post-money valuation is estimated to rise over 30% to Rs 375 crore ($42.6 million). Founded in 2019, Stackbox provides cloud-based SaaS solutions for supply chain and distribution automation across FMCG, retail, and e-commerce, including WMS, TMS, OMS, and RTM products. #stackbox #seriesafunding #logisticstech #startupnews #supplychain #saas #fundingnews #venturecapital #fmcg #retailtech #ecommerce #tms #wms #oms #rtm #cloudsolutions #enterprise #startupecosystem #investment #growth #technology #innovation #indianstartups #businessnews #scm #startuplife #entrepreneurship #funding #valuation

Used-car platform Spinny saw its operating revenue rise 25% to Rs 4,657 crore in FY25, while net losses fell 28% to Rs 424 crore, marking a second consecutive year of improvement. The Gurugram-based startup achieved this through better gross margins and controlled expenses, including lower employee costs, interest, and depreciation. Operating losses narrowed 27% to Rs 381 crore. After a tough funding period, Spinny has been streamlining operations, exiting loss-making segments, and focusing on profitability. In June, it raised $170 million in a round led by Accel Leaders Fund, with participation from WestBridge Capital, Fundamentum, and existing investors including Tiger Global. Spinny’s growth highlights its stronger foothold in India’s used-car market amid industry consolidation. Team Spinny✅ Niraj Singh| Ramanshu Mahaur| Mohit Gupta| Payal Nambiar| Gaurav Agarwal | Arshdeep Chhabra | Akansh Sinha| Rohan Aggarwal| Santosh Patchikura| Sambhaw Pandey| Riya Mehta| #spinny #revenueGrowth #lossDeclined #profit #carMarketplace #startupupdates #startupro

Our thoughts in Manu's deeply researched data driven piece. It's been a healthy harvest season for India's venture ecosystem investors with more money being returned than deployed. Another USD 100 bn being lined up to be moved from private markets to public - the new playground for India's 'startups'.

Inamo raises $3M funding! Inamo, a quick-commerce enablement startup, has raised $3M in a round led by Shastra VC, with participation from Antler India, Gemba Capital, and angels. Founded in 2024 by C Sumit Anand and Rupesh Thakare, Inamo helps businesses set up and manage dark-store networks to enable faster delivery of essentials; the fresh capital will be used to expand its dark-store footprint, strengthen tech stack, and scale operations. Shastra VC is the lead investor; its backing underscores strong confidence in the dark store / quick commerce sector, especially in enablement solutions that provide infrastructure rather than only end-consumer delivery. #FundingNews #QuickCommerce #DarkStores #IndianStartups #Inamo #ShastraVC #AntlerIndia #GembaCapital #Scope #TheVCJournal #VCFunding #VentureCapitalIndia