The funds will be used to drive expansion, strengthen the workforce, and enhance the company’s technological infrastructure.
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Nakul Jain will officially leave PPSL by March 31, 2025, or an earlier mutually agreed date, the company confirmed.
The funds will be used to advance materials science R&D, build a design lab for fashion-engineered textiles, and enhance supply chains.
Ashva secured ₹50 lakhs for 4% equity from Vineeta Singh on Shark Tank India Season 4, valuing the company at ₹12.5 crores.
Tikitoro by Prasanna Vasanadu secures a ₹25 lakhs for 1% equity and a 0.5% royalty deal with Namita Thapar on Shark Tank India.
Aseem by Aseem Shakti secures ₹50 lakhs for 10% equity on Shark Tank India Season 4, valuing the pocket saree brand at ₹5 crores.
Dressfolk plans to use the new funding to expand beyond its popular saree offerings and increase its range of contemporary Indian wear.
The funds will be used to enhance VoltUp’s MaaS offerings and seamlessly integrate its battery-swapping solutions.
Rosha secures ₹60 lakhs for 4% equity with a 1.5% royalty deal from Aman and Ritesh on Shark Tank India, valuing the brand at ₹15 crores.
Patch Up founder Radhika Rajpal secures a deal from Anupam Mittal on Shark Tank India for ₹50 lakh at 2.27% equity, valuing the startup at ₹22 crore.
The company plans to utilize the funds to launch its patented ALLTIP-enabled NIV mask nationwide, strengthen its distributor network.
Medusa plans to utilize the capital to scale operations, increase its annual production capacity, strengthen its partnerships with distributors.