Alteria Capital

🚀 Exciting News from Team Blitz! 🎉 We have raised $6M+ in Series A funding, led by IvyCap Ventures Advisors Private Limited, with participation from IndiaQuotient, Alteria Capital, and amazing angels including Ramesh Bafna, Siddharth DUNGARWAL , Vineet Gautam, Amitabh Suri, and Shivam Shahi, who believe in our vision to redefine quick commerce. Get ready! 60-minute deliveries are coming to your city soon, delivering unmatched speed and convenience straight to your doorstep! 🚀 This funding will enable us to expand our services & innovate further in our technology and bring Blitz’s promise of swift commerce to more communities across the nation. A huge thank you to our incredible team, partners, and customers for supporting us on this journey. The best is yet to come! 💪 Read more about this milestone here: https://lnkd.in/gzWsAF6E #SeriesAFunding #Blitz #FundingAnnouncement #QuickCommerce #GrowthJourney #60MinuteDelivery

In a session moderated by Vikram Gawande, Vice President, Blume Ventures, at the Indian Venture IPO & Exit Strategies Forum by Indian Venture and Alternate Capital Association (IVCA), panellists including Navjot Kaur, Director, Epiq Capital; Ankit Agarwal, Managing Partner, Alteria Capital; Manick Wadhwa, Director, SKI Capital Services Limited; and Ruchi Khajanchi, Chief Financial Officer, A91 Partners, discussed strategies on “Scaling for Exits: Navigating the Path from Private to Public Markets”. #IVCA #ExitStrategies #IPO #AlternativeCapital #VentureCapital Peak XV Partners PwC SKI Capital Services Limited Redington Limited Shardul Amarchand Mangaldas & Co Uniqus Consultech Inc. Rajat Tandon Sunitha Prasad Amit Pandey Nikita Shukla Yachna Luthra Niharika Bisht Paromita Sinha Bhavye Anand Tanishq ..

With a great sense of pride and excitement, I am happy to announce that Ugaoo has raised a Series A round of 47 crores INR. The round was led by V3 Ventures, and our existing investors DSG Consumer Partners and RPG Ventures both have doubled down in this round looking at the stellar growth trajectory and execution prowess of the company.   None of this would have been possible without the unwavering love and trust of millions of customers who continue to choose us, time and again. The past six months have been nothing short of a rollercoaster ride for me, and this milestone is a direct result of the hard work, dedication, and support from all the team members at Ugaoo.   Of course, every journey has its ups and downs, but I am deeply grateful for our existing investors who have stood by us every step of the way. A heartfelt thank you to V3 Ventures for coming on board and believing in our mission to make India greener, one plant at a time.   This funding marks a major milestone in our journey, and it’s only the beginning. From our start in 2015 as a small seed, we’ve grown into a sapling, and now, with this fresh capital, we are ready to branch out and become a full-grown tree. Here’s how we plan to use this funding to fuel our growth:   1. Deeper Roots: We’ll focus on strengthening our core foundations—improving infrastructure, innovating in production and packaging, and enhancing backward integration to raise the bar on quality. 2. Thicker Trunk: Our team is the heart of Ugaoo, and we’ll continue to add passionate plant people to our ranks. Together, we will grow stronger and more resilient, transforming from a stem to a robust trunk. 3. Denser Branches: We aim to expand our supply chain and build a denser network across India, enhancing our customer experience and making Ugaoo more accessible to plant lovers everywhere. 4. Wider Canopy: With this funding, we’ll expand our reach to more cities and towns, opening new stores and ensuring we’re available in even the most remote corners of India.   After nearly 8 years in the business, today still feels like Day One for us. The energy here at Ugaoo has never been higher, and we are more motivated than ever. There’s still so much to do, so much to improve, and a lot more to achieve. Together, we will continue to make India greener, one plant at a time. 💚 Arjun Vaidya Abhiram Bhalerao Deepak Shahdadpuri Hariharan Premkumar Pooja Shirali Kunjan Chikhlikar Saurabh Sameer Zahra Khan

The Indian Venture and Alternate Capital Association (IVCA) Climate Dinner in Mumbai—co-hosted by Pratibha Jain, Head of Strategy and Group General Counsel, Everstone Group, and Dhanpal Jhaveri, Vice Chairman, Everstone Group, and CEO, Eversource Capital—was a remarkable evening filled with meaningful conversations on the future of sustainable investments. We were privileged to have Shri Jayant Sinha, former Minister of State for Finance, former Minister of State for Civil Aviation, Senior Adviser of Indian Venture and Alternate Capital Association (IVCA), and Chair of the Indian Venture and Alternate Capital Association (IVCA) GreenReturns Summit, as our esteemed chief guest. His thought-provoking insights set a visionary tone for the upcoming IVCA GreenReturns Summit 2024. Special thanks to Pratibha Jain, Head of Strategy and Group General Counsel, Everstone Group, for the opening remarks, and to Anjali Bansal, Founding Partner, Avaana Capital, along with the other speakers who shed a light on the future of climate-focused investments. Your dedication to driving sustainable investments in India is truly inspiring. Indian Venture and Alternate Capital Association (IVCA) was honoured to meet with these esteemed attendees, all of them seasoned professionals in the Indian investment ecosystem. Join us for the IVCA GreenReturns Summit on 2nd-3rd December 2024 in New Delhi. Let’s continue this momentum towards a greener, more sustainable tomorrow: https://lnkd.in/d4ZmZAkm Abhishek Damani Amit Jain Amit Paithankar Anjali Bansal Ankur Thadani Apoorva Sharma Chandan G. Devendra Chawla Dhanpal Jhaveri Jinesh Shah Karan Mehta Karishma Gajaria Karthik B. Reddy Krishnan Neelakantan Nakul Zaveri Neha Mudaliar Neville M Dumasia Pranjal Paul Prasad Gadkari Pratibha Jain Rahul Khanna Samir Shah Seshanka Palukuri Soham Ashtikar Subrahmanyam K V Vikram Gupta Vinod Murali Vivek Jain Vivek Soni Zia Nariman #IVCAClimateTalks #GreenReturnsSummit2024 #ClimateFinance #SustainableInvestment #MumbaiGathering

Many folks say, B2C is a very tough business to crack. Many others say India beyond the 200-cities is extremely challenging. And then they also say, grocery & fresh are tough categories to build in. Well, how about building a #Bharat-Commerce B2C platform that is built on Fresh & Grocery? Sounds like a crazy bet, right? Sounds crazy because - guess what, it IS crazy 😬 Almost exactly a year ago - my team and I started building, our heads down, the rails to connect India's next 800 million consumers to the convenience and comforts that we urban folks enjoy. Driven by the single mission to solve Bharat's access problems, we had to take a hard decision to pivot completely out of our earlier B2B supply chain business (which, mind you, was delivering healthy profits & cash!). There was one problem though- none of us hailed from non-metros, which made it slightly 😉 difficult for us to understand our consumers and their problems. One crazy guy on our team came up with a weird idea one evening over a walk, "Selvam, why don't we all relocate to a village and live there?". Sounded crazy & impractical, but on second thought - there was no better way for us to build the product, than living amongst consumers @ their locations. So when I -tentatively- took the idea to the team, I was pleasantly surprised how my team totally embraced it and agreed to it! The past 1 yr, the entire #TeamWheelocity moved its base to a Tier 4 town, traveling back to families only Sundays. Truly indebted to my team🙏 , who have put Wheelocity first, second and third in their lives, and continue to do so. A year of sweat and grit later, we're truly honoured and privileged by the blessings that we've managed to receive form our customers ('40 year old rural Woman'- whom we affectionately call "Bhumi"). Our Bhumis have not only been instrumental in helping us build our product from scratch, but also gave us a rap on the knuckle whenever we got things wrong. They've showered us with their franchise and reprimands alike - helping us build, brick by brick, the rails for #BharatCommerce. Today we are privileged to serve more than a million Bhumis thru our #Phygital approach! It's been a remarkable journey scaling from 30 villages in Oct'23 to 3500 in Oct'24. One hell of a rollercoaster ride - and we're just getting started. Now that we have built the foundations of a robust #BharatFirst #SupplyChain and scalable #Technology stack, we're now on to the next 🚀 phase of our journey to 20,000+ villages and 10million+ Bhumis. Today we proudly announce our raise of $15mn from Lightspeed India Alteria Capital Anicut Capital LLP to help scale up further & guide us along the way. Super thrilled about what lies ahead, and thankful to our investors and well wishers Much more to write, but LinkedIn won't let me 😃. So, here we go. Or rather, here we are - just getting started! And did we say we're #hiring across roles? Senthil Kumar Rahul Taneja Gandhimathi Avinashilingam Sridhar L R

#PrivateCreditSummit2024 Introducing our speaker: Vinod Murali, Co-Founder and Managing Partner, Alteria Capital Indian Venture and Alternate Capital Association (IVCA) is pleased to announce that Vinod will be speaking at IVCA Private Credit Summit 2024, an exclusive, closed-door gathering of prominent stakeholders from the private credit ecosystem. 📅 13th November 2024 📍 Mumbai With the support of our esteemed partners, Avendus, EAAA Alternatives, InCred Asset Management & Alternative Investments, Lighthouse Canton, and Neo Asset Management Pvt. Ltd., IVCA’s Private Credit Summit 2024 will bring together industry leaders, investors, and experts to explore key themes shaping the landscape. For more information, please contact soniya@ivca.in. Rajat Tandon Rahul Shah Aakriti Bamniyal Sumeet Shetty Shreya Kumar Soniya Tolani Rohan P. Niharika Bisht Paromita Sinha Jahnavi Mallick #IVCAPrivateCreditSummit #PrivateCredit #Finance #Investment #Innovation #Networking