Beej Daily Updates (12-07-2023)

VehicleCare Raises Undisclosed Funding In Pre-Series A Round

VehicleCare, an online platform focussing on auto service and damage repair, has raised an undisclosed amount in a pre-Series A #funding round As per the startup, the freshly raised funds will be used to enhance its proprietary technology, allowing for seamless integration with an expanding network of workshops across the region.

D2C Beauty & Personal Care Brand Clensta Raises $9 Mn Funding

D2C beauty and personal care (BPC) #startup Clensta has raised INR 75 Cr ($9 Mn) In funding .The startup is looking to use the fresh funds to scale up operations, strengthen brand awareness nationwide, and strengthen its marketing and distribution efforts across geographies – both online and offline. Clensta has so far raised INR 105 Cr (including the current round). It claims to have seen a topline growth of 100% in FY23, which its plans to grow 3X in FY24.?

D2C Jewellery Brand GIVA Secures INR 270 Cr Funding

Silver jewellery brand GIVA has #raised INR 270 Cr ($32.9 Mn) in a Series B funding round. With the fresh capital, the D2C jewellery brand wants to innovate further and expand its product categories and offerings. The capital infusion will also help to expand its omnichannel presence with more offline stores as it aims to consolidate its position as the go-to platform for minimalistic jewellery and affordable gifting options.

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