Actor Varun Dhawan backs sports activities diet model Fast&UpMumbai-headquartered sports activities diet and complement model Fast&Up has raised an undisclosed quantity in funding from actor Varun Dhawan. The spherical comes quickly after Morgan Stanley Private Equity Asia invested $22 million within the firm as a part of its Series C spherical. Founded in 2015 by Vijayaraghavan Venugopal, Snehal Champaklal, Shilpa Khanna and Varun Khanna, Fullife Healthcare which owns and operates Fast&Up sells its merchandise on-line by means of marketplaces, direct-to-consumer and retail channels.With the capital infusion, the corporate plans to boost manufacturing capabilities and develop globally, other than investing in product analysis so as to add new classes. The model claims to serve over 100 million individuals a month and has launched 20 new merchandise in 2020 on account of a spike in demand.Mamaearth acquires MomspressoHonasa Consumer Private Limited (HPCL), the dad or mum firm of magnificence manufacturers Mamaearth and The Derma Co. has introduced the acquisition of parenting content material platform Momspresso and related influencer advertising platform, Momspresso MyMoney for an undisclosed quantity.The acquisition will add content material, influencer advertising and engagement to HPCL’s platform. Following the acquisition, Momspresso will proceed to perform as an unbiased model and its founding crew of Vishal Gupta, Asif Mohamed and Prashant Sinha will proceed to run the operations. Founded in 2010, Momspresso has 60,000 content material creators on its platform throughout 10 languages. The acquisition is a part of HPCL’s house-of-brands technique by means of which it desires to go deeper within the direct-to-consumer magnificence and private care phase. The firm was valued at $730 million in a spherical led by Sofina Ventures in July. Salesforce launches startup programme in IndiaSan Francisco, US-headquartered cloud-based software program firm Salesforce has introduced the launch of Salesforce Startup Program in India. Salesforce will assist startups chosen beneath the programme with entry to Salesforce expertise, specialists, ecosystems, and enterprise mentorship. This is the primary international programme introduced by the corporate for mentoring startups.The programme will give startups entry to Salesforce Services akin to CRM platform, Slack, Tableau and others. It may also give startups entry to the AppExchange Partner Program serving to them promote to main enterprises.This may also open up the startups to potential funding alternatives by means of Salesforce Ventures, mentioned Sanket Atal, Senior Vice President and Managing Director – Sites at Salesforce India. He additional added that the programme is just not restricted by cohort dimension or stage of corporations that may apply. D2C targeted fund Fluid Ventures put money into sustainable wood toys model Shumee ToysFluid ventures, D2C-focused VC fund backs Shumee Toys, a Bangalore-based toy model that makes sustainable and development-friendly wood toys and video games for ages 0 to 7 utilizing pure supplies and non-toxic colors.Founded by Harvard and IIT Delhi alumna Meeta Sharma Gupta in 2016, Shumee claims to have offered over 200,000 toys each in India and internationally by means of its personal web site and Amazon.
https://yourstory.com/2021/12/startup-news-and-updates-daily-roundup-dec-24-2021/amp
