Bose signs Series A cheque for smart wearables brand Noise
Homegrown consumer electronics brand Noise, which primarily sells smartwatches and audio devices, said Monday it has raised Series A funding from global audio and electronics giant Bose Corp. Noise said other investors are likely to join the funding round soon. It didn’t disclose the amount Bose invested. Founded in 2014 by Gaurav Khatri ......
Wearables brand Noise sees 2x growth in FY23
Gadget and wearables brand Noise, which has remained bootstrapped so far, has more than doubled its revenue in the last financial year, a top company executive told VCCircle in an interview. “Our revenue grew more than 100% year-on-year to Rs 2,000 crore in the financial year ended 31 March 2023,” said ......
Ex-Twitter honcho joins Noise to drive growth expansion
Consumer electronics brand Noise on Wednesday said it has roped in former Twitter executive Shalabh Gupta as its Chief Growth Officer (CGO). In his new role, Gupta will lead growth strategies to drive the brand’s expansion. He will also work in pushing for next phase growth with his strategic and tactical ......
Truva, 4baseCare, two others secure early-stage funds
Oncology solutions startup 4baseCare, wealth management platform Infinyte.Club, real estate technology startup Truva, healthcare financing startup HealthCRED and Mumbai-based luxury men's brand Haldèn raised early-stage funds on Monday, according to company announcements. 4baseCare 4baseCare, an Illumina Accelerator startup that offers precision oncology solutions, raised $6 million (about Rs 50 crore) in a Series A funding ......
Aligning vision, governance key to succession planning: Panelists at VCCircle summit
Alignment of vision and robust governance rules are crucial for succession planning in family offices, panelists said at the VCCircle Family Office Summit 2024 on Friday. “The goal of a family office should be to manage expectations across generations while ensuring alignment with the overall family's vision,” Aarti Gupta, CIO of ......
Grapevine: Reliance, Disney ink term sheet for media merger; SoftBank cuts FirstCry stake
Reliance Industries Ltd and Walt Disney Co have signed a non-binding term sheet to merge their India media and entertainment operations, a media report said. Billionaire Mukesh Ambani-led Reliance aims to complete the merger process by the end of January, subject to regulatory approvals, The Economic Times reported, citing people aware ......
Tech startup Orbishift, seven others raise early-stage funding
Artificial intelligence (AI)-based platforms OrbitShift, Nirwana.ai, Metis; sportstech startup Quidich Innovation Lab; specialty chemicals platform Distil; networking platform Unikon.ai, personal care brand Asaya and Thrive.co secured early-stage funding, the companies said on Wednesday. OrbitShift OrbitShift has raised $7 million (Rs 58.4 crore) in a seed funding round, co-led by Peak XV Partners’ Surge and venture ......
Titan eyes majority stake in consumer electronics brand Noise
Titan Company Ltd, the Tata Group’s watch and jewellery retailing arm, is in an advanced stage of discussion to pick up a majority stake in lifestyle gadget brand Noise, at least two individuals familiar with the development told VCCircle. The transaction could be valuing the target homegrown consumer electronics company between ......
Deals Digest: KKR, Google ink key transactions but total volumes fall this week
The number of Indian companies that raised funding from private equity and venture capital investors declined this week although tech giant Google and buyout firm KKR struck significant deals. The total deal volume fell to 19 during the week versus the previous week’s 24, according to data collated by VCCircle. The amount ......
Deals Digest: Momentum slows as year comes to an end, small deals take front seat again
Funding activity moderated in the second last week of the year on a high base as capital raised by private equity and venture capital-backed players more than halved this week. This week saw the return of small-ticket deals, riding much of the deal momentum, with only one transaction valued over $100 ......