Ivycamp

HDFC Life launches 'Futurance' Phase 3

Overview

HDFC Life, one of India's leading life insurance companies and IvyCamp, an initiative of IvyCap Ventures, today jointly launched the third phase of Futurance - the corporate engagement program to identify startups that are building innovative and next-gen capabilities in the insurance sector.

Date

October 1st, 2020

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Online beauty store Purplle aims $100M sales in FY21, eyes acquisitionn

Overview

The ecommerce firm, which has raised $35 million of funds from global investment bank Goldman Sachs and other investors, is exploring opportunities for acquisition in brands, technology, and content space to fuel growth.

Date

August 10, 2020

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Biryani By Kilo Opens Its First Delivery-Only Restaurant In Bhubaneswar

Overview

Biryani By Kilo, India’s most premium Biryani and kebab chain is known for delivering authentic Nizami cuisine including freshly Dum-Cooked Handi Biryanis, kebabs, Korma, Phirni and more around India in around 20 cities. With foodies showing insatiable love for the royal dish, Biryani By Kilo is all set to now deliver in Bhubaneswar, Odisha.

Date

August 10, 2020

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Goldman Sachs buys out Purplle’s angel investor shares at 40X premium

Overview

Angel investors Abhinav Sinha and Anirudha Gopalakrishnan who are former Fidelity Investments executives invested ₹25 lakhs and ₹20 lakhs respectively when Purplle was launched in December 2011

Date

July 04, 2020

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How lingerie maker Clovia switched gears

Overview

A sneak peek into a tale of drama and jugaad, of what businesses have done to survive Covid-19

Date

June 15, 2020

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How this biryani delivery startup grew revenue from Rs 86 lakh to Rs 48 Cr in 4 years

Overview

Swiggy’s annual report on the country’s food ordering habits revealed that Indians ordered an average of 95 biryanis per minute, or 1.6 biryanis per second, in 2019.

Date

June 26th, 2020

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Biryani By Kilo donates 40,000+ meals during the Corona virus pandemic

Overview

Biryani By Kilo [BBK], India’s most premium biryani and kebab chain, known for delivering freshly dum-cooked handi biryani, has donated 40,000 plus fresh lunch meals from all the operational stores in NCR and is also donating locally to limit transportation during the pandemic.

Date

20 May, 2020

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Action in the time of COVID-19

Overview

INR 100CR grant created by India’s start-up community to give wings to ideas that could combat COVID-19 with immediate impact. We are seeking capital-efficient, scalable solutions from NGOs and innovative startups which need an initial seed grant to fight the spread of the pandemic.

Date

April 02, 2020

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Why Covid-19 may alter startups forever

Overview

A virus has upended every aspect of business. What does it mean for India’s top food, travel and fintech startups? Flight, hotel booking firms are the worst hit. The gig economy has also seen a drop in demand. Videoconferencing providers and online education companies, however, are witnessing a boom

Date

March 18, 2020

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IvyCap backs IoT platform Singularity in pre-Series A funding round

Overview

Singularity Automation Pvt. Ltd, which provides an Internet of Things-based platform to budget hotels and companies that offer shared accommodation, has raised its first round of institutional funding. The Bengaluru-based startup has received Rs 8.5 crore ($1.15 million) from IvyCap Ventures as part of its pre-Series A round of funding, Singularity Automation said in a statement.

Date

March 06, 2020

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IvyCap backs IoT platform Singularity in pre-Series A funding round

Overview

Singularity Automation Pvt. Ltd, which provides an Internet of Things-based platform to budget hotels and companies that offer shared accommodation, has raised its first round of institutional funding. The Bengaluru-based startup has received Rs 8.5 crore ($1.15 million) from IvyCap Ventures as part of its pre-Series A round of funding, Singularity Automation said in a statement.

Date

March 06, 2020

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HDFC Life’s Futurance program enters phase two

Overview

In June 2019, life insurance company HDFC Life tied-up with IvyCamp to launch an initiative called Futurance. It is a corporate engagement program that aims to identify and onboard innovative startups that can co-create targeted solutions and build next gen capabilities for HDFC Life.

Date

December 04 , 2019

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BeYouPlus raises $3.2 million in funding

Overview

BeYouPlus, a startup that is aiming to standardise beauty treatments by partnering with local clinics, has raised $3.2 million in funding led by IvyCap Ventures, along with participation from Madison Capital and Singapore Angel Network.

Date

November 04, 2019

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President Kovind Inaugurates IIT Delhi's Billion Dollar Endowment Drive

Overview

IIT Delhi held its 50th convocation ceremony today. Before the convocation, the institute held a curtain raiser press conference on Friday where the Billion Dollar Endowment drive was launched.

Date

November 04, 2019

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Pharmarack raises $3 million in a Series A funding

Overview

Healthcare tech platform Pharmarack has raised $3 million in a Series A funding round from IvyCap Ventures. Pharmarack also counts Unicorn India Ventures and Patni Group’s Currae Healthtech Fund among its investors.

Date

September 23, 2019

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Biryani By Kilo secures Rs 30 Cr funding led by IvyCap Ventures

Overview

Biryani By Kilo (BBK), a delivery-led biryani brand, has raised Rs 30 crore in its Series A funding round led by IvyCap Ventures, indicating rising investor interest in cloud kitchen brands.

Date

September 23, 2019

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HDFC Life partners with IvyCamp to launch Futurance, a programme for startups

Overview

Ftcash acts a platform for lenders and small businesses, and currently has around 30,000 borrowers he start-up lends around ₹3 lakh on an average to small businesses such as grocery stores and mom-and-pop outlets

Date

June 27, 2019

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Lending start-up Ftcash raises ₹50 crore from FMO, Accion, IvyCap Ventures

Overview

Ftcash acts a platform for lenders and small businesses, and currently has around 30,000 borrowers he start-up lends around ₹3 lakh on an average to small businesses such as grocery stores and mom-and-pop outlets

Date

May 02, 2019

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