Apna Mart Raises Fresh Funds Of INR 120 Crores [USD 12.7 Million] In Series C Funding Round

VERTICES PARTNERS represented its long-standing client Apna Mart (Fleet Labs Technologies Private Limited) as it raised fresh funds of INR 120 Crores [USD 12.7 Million] in Series C funding round co-led by existing investors Accel India and Fundamentum, with participation from Peak XV Partners. The newly raised capital to support capital expenditure, strengthen working capital, and meet other business requirements as it scales operations across India. The transaction was led by Founder and Managing Partner Vinayak Burman and Partner Vishal Mehta along with a team that included, Associate Manager, Nisha Dharod and Associate, Abhishikha Moyal. Media Link: https://www.barandbench.com/dealstreet/vertices-partners-acts-on-apna-mart-120-crore-series-c-fundraise

Elevate Education Raises INR 170 Crore [USD 17.8 Million] In This Series D Funding From Westbridge Capital.

VERTICES PARTNERS represented its regular client Elevate Education formerly known as Sunstone in this funding round from Westbridge Capital as it raised INR 170 Crore [USD 17.8 Million]. The fresh capital will be used to strengthen its technology and AI capabilities, expand its network of partner institutions, improve student success and placement outcomes, and invest further in academic innovation and industry-linked programmes. The transaction was led by Founder and Managing Partner Vinayak Burman and Partner Vikrant Anand along with a team that included, Associate Managers Manan Kapoor and Hemant Srivastava, and Associate Abhishikha Moyal. Media Link: https://www.barandbench.com/dealstreet/vertices-partners-cyril-amarchand-mangaldas-act-on-elevate-education-170-crore-series-d-fundraise

D2C Snack Brand Open Secret Raises Rs 50 Crore [USD 5.2 Million] Funding.

VERTICES PARTNERS represented its client Open Secret [Immaculatebites Private Limited] in this funding round led by Desai Brothers Group. The company plans to use the funding to expand its offline footprint, launch new products and deploy AI agents in its supply chain. The transaction was led by Partner Vishal Mehta, along with, Associate Manager Nisha Dharod. Founder and Managing Partner Vinayak Burman provided strategic inputs. Media Link: https://www.barandbench.com/dealstreet/vertices-partners-acts-on-open-secret-fundraise

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