Launches a $250MM Amazon Smbhav Venture Fund to accelerate the vision of a digitally self-reliant India; Initial focus on startups and entrepreneurs using technology to digitize SMBs, Agriculture and Healthcare

M1xchange has raised $10 million in its current funding round, which was led by Amazon, and had participation from BEENEXT and existing investor Mayfield.

Mumbai/Bengaluru: MyGlamm, an omnichannel direct-to-consumer beauty brand, has raised Rs 175 crore in Series C funding, led by Ascent Capital, Amazon and Wipro Consumer, valuing the company at more than $100 million.

MyGlamm, an omnichannel direct-to-consumer beauty brand, has raised an additional Rs 355 crore in series C funding led by Accel, taking the total funds raised in the round to Rs 530 crore, making it the highest amount raised by a beauty brand in a series C round in India.