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nothing before coffee secures funding to expand coffee chain across india
Nothing Before Coffee (NBC) has secured $2.3 million in Pre-Series A funding, led by Prath Ventures, to expand its presence in Tier-II and Tier-III cities across India, aiming for 150+ stores by FY26. Founded in 2017, NBC focuses on affordable, high-quality coffee and vibrant café spaces, catering to the youth and disrupting the traditional café market dominated by premium chains. The funds will enhance digital platforms, optimize supply chains, and explore new store formats to solidify NBC's position as a beloved homegrown brand.
Aerem secures 12 million dollars in series A funding for solar financing
Mumbai-based solar financing startup Aerem has raised $12 million in a Series A funding round led by Japan’s University of Tokyo Edge Capital Partners, with participation from British International Investment, SE Ventures, and others. Founded in 2021, Aerem provides loans for solar installations and plans to use the funds to expand its market presence and technology platforms. The company reported a significant revenue increase in FY24, with earnings jumping nearly ninefold to $20.52 million.
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