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Funding

Perfora raised $2.5 million from early-stage consumer VC fund RPSG Capital Ventures

Direct-to-consumer (D2C) startup Perfora raised $2.5 million from early-stage consumer VC fund RPSG Capital Ventures.

Customers can purchase oral care products such as an electric toothbrush, probiotic mouthwash, smart flosser, and peroxide-free teeth whitening pen from Perfora. The startup will use the funds to expand its online presence through its website and ecommerce marketplaces. As per a Statista report, the country’s oral care market is pegged at 2023, growing at a CAGR of 3.50% during 2023-27. The report states that the country’s D2C segment is expected to grow to $300 billion by 2030 and expand at a CAGR of 24% during 2021-30.

by Startup Story Media

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by The Economic Times

Digital lending startup Finnable has raised Rs 250 crore this August in a funding round led by Z47 (formerly Matrix Partners) and TVS Capital. This is the company’s second tranche, with the first Rs 250 crore being infused by the same investors back in November 2024. Post this round, the total capital raised by the Bengaluru-based lending startup stands at Rs 540 crore. The MEMG family office, led by Ranjan Pai, has also invested in the company. The firm plans to invest the fresh funds in technology, expand its branch network, and build new product… Source link

by The Economic Times

Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC. The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks. For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data… Source link