
New Delhi, April 28 -- An online marketplace for health supplements, an ethnic wear brand, a logistics player, and a skilling and job-discovery platform have raised funds between $250,000 and $10 million in separate rounds.
HyugaLife
HyugaLife, a marketplace for authentic proteins and supplements, has bagged Rs 100 crore (around $10.6 million) in a funding round, led by IvyCap Ventures. The round also saw participation from First Bridge Fund.
It will use the capital to strengthen the personalisation layers and its dark store network, and establish an offline retail presence, according to a press note issued by the company.
The company, founded by Sachin Parikh, Anvi Shah and Neehar Modi, is a health and wellness-focused e-commerce platform that provides products across categories such as health supplements, sports nutrition and health foods. In 2024, it raised $1 million (then Rs 8.3 crore) in a mix of equity and debt investments from existing as well as new investors including Stride Ventures and GetVantage.
In 2023, it raised $5 million in a pre-Series A funding round from venture capital firm Peak XV Partners' early-stage accelerator Surge, Early Spring, Arihant Patni and Aman Tekriwal and other high-net-worth individuals (HNIs). The startup is also backed by actress Katrina Kaif and cricketer KL Rahul.
House of Chikankari
House of Chikankari (HOC), a contemporary ethnic wear brand rooted in traditional Indian craftsmanship, has secured Rs 25 crore (around $2.7 million) in its Series A funding round led by Cap Alpha Ventures, formerly known as Client Associates Alternate Fund (CAAF).
The brand will use the fresh funding to expand its product portfolio, strengthen its omnichannel presence with a push into offline retail, improve working capital efficiency, and invest in team expansion and marketing, according to a press note.
HOC was set up in 2020 by Aakriti Rawal and Poonam Rawal. It blends heritage embroidery techniques with contemporary design to build a scalable ethnic wear business. The company works with a network of over 10,000 women artisans across India, and has served over 2 lakh customers to date, including in more than 20 countries.
Mojro
Mojro Technologies Pvt. Ltd, a logistics company using AI for supply chain optimisation, has closed its Series A round securing $5.5 million (around Rs 52 crore), with Dallas Venture Capital (DVC) joining as a new investor. This includes a previously announced $3 million investment led by IAN Alpha Fund with participation from 1Crowd, along with a $2.5 million extension by DVC.
The startup will use the capital to accelerate Mojro's global expansion and drive product innovation, according to a company issued statement.
Mojro was founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu. It offers a logistics optimisation engine for mid- to large enterprises in sectors such as CPG, retail, courier express and parcel, dairy, and e-commerce. It helps customers save on logistics costs.
Kovon
Kovon, a cross-border workforce mobility platform, has raised $250,000 (around Rs 2.4 crore) in a pre-seed funding round led by TDV Partners.
It will deploy the fresh funds in product and platform development, strengthening employer partnerships globally, expanding candidate acquisition, and building out the skilling and training ecosystem. The company also plans to hire across technology, operations, and partnerships, according to a statement issued by the company.
Bengaluru-based Kovon offers an end-to-end platform spanning job discovery, upskilling, financing and placement. It was founded by Bibartan Roy and Swayamjeet Das in 2025, with the aim to enable global employment access for India's blue and grey collar workforce across sectors such as healthcare, hospitality, construction and logistics.
Published by HT Digital Content Services with permission from VC Circle.