Good Glamm Group will utilise this funding to invest in product development, support data science and technology research, increase offline expansion, among other things.

Good Glamm Group will utilise this funding to invest in product development, support data science and technology research, increase offline expansion, among other things.

Privately held startups have raised $31.2 billion, nearly three times 2020’s $11.2 billion, and more than double the previous record of $13.1 billion in 2019.

The $100 million fundraise is a mix of primary and secondary funding and will also see participation from existing investors.

Delhi-based Arora will lead the firm along with US-based founder Ravi Adusumalli

The company plans to utilise the funds to focusing on growth in metros and Tier I cities

Execution is the only thing under our control, says Deepinder Goyal, founder and chief executive of online delivery firm Zomato on a day when the company's stock has tumbled even as rival Swiggy raised a massive funding round.

The funding was led by Addition and Tanglin Venture Partners, with participation from existing investors, Matrix Partners India and Elevation Capital, as well as angel investors. The company raised $3 million in May 2021, when it launched the beta platform.

The two biggest deals of this week were Glance, which raised $200 million from Reliance Jio and Elastic Run joined the unicorn club with a $330 million fundraise.

As part of the partnership, Zeta will launch credit cards with issuers globally.