They aren't just underwear brands, have range of men clothing. Had a tshirt, washed out in first wash - guess VC don't use the products they invest in

Corporate Strategist

Although have heard only great things about Damensch undergarments from people

Consultant

Program Manager

Where are we on the DaMENSCH vs other underwear brands debate?

Welcome to News Discussion's Private Community

DaMENSCH raisies $3Mn after raising $16Mn earlier. Seems like a top up.

Product Owner

DaMENSCH raisies $3Mn after raising $16Mn earlier. Seems like a top up.- Grapevine

Welcome to Indian Startups's Private Community

Ex Puma India MD raises ~$12Mn for a new sportswear brand 😮😮

Analyst

Just confused cuz I don't see many people talking about it anymore

Wearable tech startup Ultrahuman has raised $35 million in a mix of debt and equity in its Series B round from Blume Ventures and others

Ultrahuman raises $35 Mn in Series B round

Ultrahuman raises $35Mn. Any check on how they're actually doing? Seems it's Debt & Equity, not sure how much debt.

https://inc42.com/buzz/exclusive-dunzo-in-advanced-talks-to-raise-around-100-mn-in-series-g-round/

Dunzo raising new round ? ? If yes, its a big win for a brand

https://www.moneycontrol.com/news/business/mensa-brands-fires-200-employees-as-business-shows-signs-of-slowdown-10699211.html

Mensa brands fires 200 employees

https://techcrunch.com/2024/05/10/meesho-an-indian-social-commerce-with-150m-transacting-users-secures-275m-in-new-funding/ 

In current climate, great to see they’re able to raise! Folks at Meesho, some questions: 

- does anyone know if this is a down round?
- how’s the climate inside Meesho? Appraisals, hiring etc 
- are all employees allowed to sell in the secondary?

Meesho raises funding

Software Engineer

- NEWME, a fashion brand for Gen Z women, has secured $18 million in a funding round led by Accel, with participation from Fireside Ventures and AUM Ventures.
- The capital will be used to enhance the company's omnichannel presence and improve its supply-chain technology, according to CEO Sumit Jasoria.
- NEWME plans to open 40-50 stores in 20 key cities, including Guwahati, Shillong, and Imphal, over the next 12-18 months.
- The funding comes as more companies focus on the Gen Z market, with competitors like Lyskraft and major players like Flipkart and Myntra also targeting this demographic.
- Accel's Anand Daniel highlighted the potential of D2C brands in India's retail sector, which is projected to reach $2.2 trillion by 2030. 

 Source: Moneycontrol - tinyurl.com/29nkuujy

NEWME Raises $18 Million to Expand Omnichannel Presence

Journalist

They run the brand's manmatters and bebodywise - had recently raised $30 mn.

So my birdie tells me that mosaic wellness numbers are fudged and over reporting of revenues happening! What do you guys think?

Investor

Amazon's own business lines and new policy changes coupled with the recession's impact on consumer spending finished Thrasio. They were primarily dependent on Amazon for identifying good D2C businesses, acquiring them and turning them into profit-making machines.

What's next for Indian D2C aggregators like Mensa?

Another platform-dependent startup bites the dust

Software Developer

https://www.business-standard.com/companies/news/quick-commerce-firm-zepto-raises-665-mn-in-funding-valued-at-3-6-bn-124062100289_1.html

Zepto raised $665bn at $3.6bn valuation . Mind blowing execution

I get that they are grabbing some eyeballs with their marketing but that should only count for so much?

https://bit.ly/3sUmVUu

$700M for a water brand?? Crazy startup valuations making a comeback?

Growth And Strategy

Another consumer tech startup bites the dust :/

https://entrackr.com/2023/10/ex-myntra-ceos-startup-virgio-shuts-down-after-raising-37-mn/

Virgio shuts down a year into raising $37Mn

Get a tag(college/company) -> Open a startup -> Get Funding (even seed stage is fine) -> Burn money -> sell or shut down startup. 
  
 Fastest way to accumulate wealth in today's time.

- Jaipur-based D2C men’s grooming brand Menhood is set to go public with an NSE Emerge listing.
- The IPO will open on July 16 and close on July 19, with a price band of INR 71-75 per share.
- Menhood aims to raise INR 19.5 Cr at the upper end of the price band, offering 25,95,200 equity shares.
- Proceeds will be used to expand product offerings and enhance operational capabilities.
- Menhood will be the third new-age startup to list on NSE Emerge this year, following TAC Infosec and Trust Fintech. 

 Source: Inc42

Menhood's IPO Opens on July 16, Listing on NSE Emerge

Which one is better for someone without an idea but highly interested in starting up?

Entrepreneur First VS Antler Residency

Product Manager

How it happened?
-wifi turned off
-Slack disabled
-Email disabled

Mojocare laysoff their entire staff of around 200+ people

That's some crazy shit, the CEO reached out to me 3-4 months back on LinkedIn for a Managerial position. Glad that I rejected it.

Customer Success

Founder

VC here. Doing this for fun.
Don't take all views seriously.

Comment a startup's name, I'll share if it's promising or whatever I know

- Raise Financial Services, the parent company of trading app Dhan, is in early discussions to raise $100 million, potentially boosting its valuation to $1.5 billion and entering the unicorn club.
- Investment banking firm Avendus has been shortlisted to manage the fundraising, with new and existing investors expected to participate.
- The fresh funds will be used for business expansion, including new services like financing, payments, and insurance, to compete with rivals such as Groww, Zerodha, and Upstox.
- Dhan's founder, Pravin Jadhav, previously led Paytm Money but left on contentious terms; he has since taken jabs at his former employer on social media.
- Despite a competitive market, Dhan has seen significant growth, with a 330% year-over-year increase in its active client base, while competitors like Paytm Money have struggled. 

 Source: Moneycontrol

Unicorn Alert: Dhan in Talks to Raise $100 Million at $1.5 Billion Valuation

The timing of Zeptos fundraise is significant given the slump in investments into growth- and late-stage startups on the one hand and the correction being witnessed in the quick commerce segment on the other.

Unicorn drought ends as Zepto raises $200 million at $1.4 billion valuation

Zepto becomes India's 1st 2023 unicorn

Everything kept aside, it’s genuinely awe-inspiring that they’ve been able to do this in a market with close to zero interest in consumer internet plays, and most models failing  
  
 There’s definitely something about the way they executed. And many good things are said within the ecosystem about Aadit as a founder!

I think in this bear market, to be able to raise like this, says something about how much investors believe in them & the model
https://thearcweb.com/article/zepto-quick-commerce-aadit-palicha-blinkit-swiggy-flipkart-if07YMNjRHiOjmFA

DaMENSCH raisies $3Mn after raising $16Mn earlier. Seems like a top up.

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