Mumbai based direct to consumer (D2C) educational games and resource brand Skillmatics has raised USD 16 million in a Series B round, led by Sofina Ventures, with participation from existing investors like Sequoia Capital India and Jalaj Dani Family Office.

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The Biotechnology Industry Research Assistance Council or BIRAC has collaborated with the Indian Angel Network (IAN) to launch an angel investor network, called Bioangels. Bioangels is a sector-focused angel investor group that plans to fuel the growth of startups from the biotech sector.

Melorra has redefined the perception around gold jewellery ever since it was launched in 2016. It redefines gold jewellery not just as being heavy and traditional for wedding wear but affordable, lightweight, and fashionable for everyday wear. Growing at 200 percent CAGR over the last few years, the brand currently stands at a revenue of over ₹360 crores in FY 22.