India Dealbook: Akiva Superfoods raises $2m; Aishwarya Rai backs Ambee

Aishwarya Rai. Photo: Reuters

Akiva Superfoods has raised about $2 million in funding led by Alkemi Venture Partners while Aishwarya Rai Bachchan, along with her mother Vrinda K R, has invested Rs 1 crore in Ambee.

Akiva Superfoods raises $2m from Alkemi

Health and wellness food startup Akiva Superfoods has raised about $2 million in Series A round of funding led by Alkemi Venture Partners, The Economic Times reported.

Existing angel investors also participated in the funding round, the proceeds of which will be used to scale operations.

“The ultimate aim is to be an innovative and exciting, independently run FMCG company, with a capacity to scale exponentially across tier-1 and tier-2 cities in the next five years,” Shalabh Gupta, founder of Akiva Superfoods, told the newspaper.

Actor Aishwarya Rai backs Ambee

Bollywood actor Aishwarya Rai Bachchan, along with her mother Vrinda K R, has invested Rs 1 crore in Bengaluru-based environment startup Ambee.

The duo has invested Rs 50 lakh each in Ambee, which provides data about hyperlocal air quality.

Founded in 2017 by Akshay Joshi, Jaideep Singh, and Madhusudan Anand, the startup raised an undisclosed amount in seed capital from Venture Catalysts last year.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.