Arzooo, an Indian startup founded by former Flipkart executives, sells its assets to Moksha Group in a distressed deal. The company raised approximately $90 million from investors including SBI Investment, Trifecta, Tony Xu, and Celesta Capital, and reached a peak valuation of $310 million. It connects small electronics retailers with major brands for bulk inventory at competitive prices and offers last-mile delivery and working-capital solutions.
Nov 2024 · TechCrunchNews article
India’s Captain Fresh in talks to raise $50 million in new funding
Captain Fresh, an India-based B2B harvest-to-retail marketplace for animal protein, is in advanced talks to raise up to $50 million. Potential investors include Nekkanti Sea Foods, SBI Investment, Evolvence, Tiger Global, and Prosus Ventures. The seafood-focused startup operates collection centers across multiple countries and sells to thousands of businesses; it has raised more than $100 million and was valued at $500 million in its previous round.
Jan 2024 · TechCrunchNews article
SBI Investment
Operating Status: Operating
Tokyo-based SBI Investment Co. Ltd. is a venture capital firm offering investment management and consulting services across Japan.