🇮🇳 Roundup: Pine Labs banks $20m in new fundraise, and more

Startups in India, including iD Fresh Food, Exotel, Pine Labs, Geniemode, and Innoviti have collectively raised at least US$145.6 million in disclosed funding today from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news in India today:

Cloud kitchen player Curefoods acquires 5 D2C brands

Curefoods, a cloud kitchen company operating brands like EatFit, has acquired five direct-to-consumer (D2C) food brands: Juno’s Pizza, Cupcake Noggins, Iceberg, Nomad Pizzas, and White Kitchens.

With the five new additions, Curefoods now has more than 20 brands in its portfolio. It is looking to house a total of 25 brands by mid-2022.

The company competes with Rebel Foods, which became a unicorn last year with a US$175 million raise.

Consumer tech startup udChalo acquires Dimentrix

Consumer tech company udChalo, which serves India’s defense forces and their dependents, has acquired software company Dimentrix.

Dimentrix provides data analytics services, which will help udChalo gain data insights about its business faster and more effectively, said the latter in a statement.

Started as a travel company, udChalo now sells consumer electronics. It also helps armed forces in paying utility bills, addressing issues related to taxation, and providing online coaching for their kids.

Tiger Global-backed Mensa Brands acquires leather brand Estalon

Roll-up ecommerce startup Mensa Brands has forayed into the leather goods segment with the acquisition of Estalon.