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Ahmedabad's Hocco has secured fresh funding of Rs 100 crore (approximately $12 million). Led by the founding Chona family and existing investor Sauce VC, the round valued Hocco at Rs 600 crore. The deal also attracted angel investors like Bollywood filmmakers Ritesh Sidhwani and Farhan Akhtar. The company projects revenue to reach Rs 200 crore by March 2025.
New Delhi-based investment firm Sauce VC, which has backed new-age luggage brand Mokobara, healthy foods startup The Whole Truth and petcare firm Supertails, aims to raise Rs 250 crore for its third fund. This comes as D2C firms see growing interest from risk capital investors. The firm looks to back 15-16 consumer brands in their early stages.
Happy Monday! Online sales havent picked up during the final quarter of FY24, industry officials said. This and more in todays ETtech Morning Dispatch.
Chef Varun Totlani of Masque has created a menu that highlights regionality at the Cannes Film Festival 2024
Inside Anushka Sharma's intimate birthday dinner with Virat Kohli and RCB squad Photos: Find out the latest pictures, still from movies, of Inside Anushka Sharma's intimate birthday dinner with Virat Kohli and RCB squad on ETimes Photogallery. Including Inside Anushka Sharma's intimate birthday dinner with Virat Kohli and RCB squad Portifolio, Inside Anushka Sharma's intimate birthday dinner with Virat Kohli and RCB squad Awards, Inside Anushka Sharma's intimate birthday dinner with Virat Kohli and RCB squad Movie stills, Inside Anushka Sharma's intimate birthday dinner with Virat Kohli and R...