Holachef: Exclusive: Mumbai diamond merchant invests in food-tech startup Holachef

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer and distributor Laxmi Diamond Pvt Ltd, a person directly familiar with the development told Techcircle. The company is likely to have raised this sum at the same valuation as its $5-million Series B funding round, the person mentioned above stated. As per VCCircle estimates, the current fundraise will likely value the four-year-old startup at roughly Rs 177 crore ($27.4 million) post-money. The Mumbai-based food-tech venture has raised a total of $4.8 million in its Series B round in two [...]