Latest news with #LVX
Time of India
7 days ago
- Business
- Time of India
The Wedding Company raises $1 million to digitise wedding services
BENGALURU: Wedding planning startup The Wedding Company has raised $1 million in a pre-seed funding round led by LVX (formerly LetsVenture) and Tremis Capital, with participation from Wakefit cofounder Chaitanya Ramalingegowda, Delhivery COO Ajith Pai and Dropbox cofounder Arash Ferdowsi. Tired of too many ads? go ad free now Founded in 2023 by Pawan Gupta and Rahul Namdev, the co-founders of Y Combinator-backed matrimony platform The Wedding Company operates a full-stack platform for booking and managing wedding services across categories such as venues, décor, photography, catering and logistics. The company reported Rs 60 crore worth of service orders on its platform, managing more than 1,000 weddings across eight cities so far. According to the founders, monthly service bookings have grown 100 times in two years, now exceeding Rs 10 crore, with net monthly revenue crossing Rs 1 crore. The funding will be used to expand into new cities, invest in product and technology, and build a broader network of vendor partners. The company is targeting India's highly fragmented $130 billion wedding services market, aiming to bring structure and reliability to what it describes as an unorganised and operationally complex industry. 'Weddings in India are large, emotional, and logistically complex,' said Pawan Gupta, cofounder of The Wedding Company. 'While the market is massive, there is no trusted brand managing fulfillment at scale.' Investor Ramalingegowda said the company was addressing a high-friction, high-value use case in a large consumer category, adding that the team's 'execution velocity and market insight' were key differentiators.
Entrepreneur
11-07-2025
- Business
- Entrepreneur
LetsVenture Rebrands as LVX
As part of its rebranding, LVX will operate through three verticals: LVX Start for early-stage funding, LVX Grow for scaling startups, and LVX School for investor and founder education. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Bengaluru-based investment firm LetsVenture has officially rebranded itself as LVX, marking a strategic expansion into growth-stage funding. The move reflects the company's goal to evolve into a full-lifecycle investment platform, supporting startups from initial seed rounds to later-stage capital, while offering educational tools for investors and entrepreneurs. "With LVX, we bring all our products, people, and possibilities under one trusted brand," said co-founder and CEO Shanti Mohan. "We are building for India@2047—creating a platform that is modular, scalable, and ready for the next generation of founders and investors." Founded in 2013 by Mohan and Sanjay Jha, the firm has grown into a significant force in India's early-stage investment ecosystem. To date, LVX boasts over 900 portfolio companies and a network exceeding 14,000 investors. Prominent backers include Accel, Chiratae Ventures, Ratan Tata, Mohandas Pai, and Anupam Mittal. Noteworthy startups in its portfolio include Stockgro, Kenko, Yulu, Giva, Fasal, and FarMart. As part of the rebranding, LVX will now operate through three distinct verticals: LVX Start will continue to drive early-stage investments via angel networks and its angel AIF. will continue to drive early-stage investments via angel networks and its angel AIF. LVX Grow targets scaling startups with capital from venture funds, family offices, and high-net-worth individuals. targets scaling startups with capital from venture funds, family offices, and high-net-worth individuals. LVX School serves as an open-source platform offering insights on capital structuring, fundraising, and growth strategies. In 2024, LVX also launched LV Debt, a platform focused on structured debt solutions and non-dilutive capital access for founders. The rebrand comes amid a rebound in India's growth-stage funding market. According to Inc42, the first half of 2025 saw an 18% year-on-year increase, with USD 2 billion raised across 143 deals. While fintech remains dominant, investor focus is gradually shifting toward AI and deeptech ventures.
Time of India
10-07-2025
- Business
- Time of India
LVX morphs into full-stack platform to power India's growing startup ecosystem
Bengaluru: Early-stage investing platform LetsVenture has rebranded as LVX , evolving into a full-stack private market infrastructure platform. 'In 2013, our promise was simple — to make startup funding easy. Twelve years later, our ambition is bigger,' said Shanti Mohan , founder & CEO of LVX. 'With LVX, we bring all our products, people, and possibilities under one trusted brand. We are building for India@2047 — creating a modular, scalable platform ready for the next generation of founders and investors.' As India's startup ecosystem grows with more founders, capital, and participation, LetsVenture is evolving too—building LVX into a unified platform that supports early-stage founders with angel investors (LVX Start), powers growth-stage fundraising with VCs and family offices (LVX Grow), and offers education for founders and investors to grow together (LVX School). Since 2013, LetsVenture has reshaped early-stage investing in India — digitizing angel funding, launching one of the country's first SEBI-registered Angel AIFs, and more. Now, as India becomes the world's third-largest startup ecosystem with over 150,000 startups and 100 unicorns, LVX is leading the next phase of growth. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like One of the Most Successful Investors of All Time, Warren Buffett, Recommends: 5 Books for Turning... Blinkist: Warren Buffett's Reading List Click Here Undo Today, 1 in 3 startup deals in India are routed through the LVX platform, which has raised over $250 million and onboarded 900 companies. The platform connects 14,000 investors, 350 family offices, and 150 venture capital firms. Through LVX Grow (formerly trica Capital), more than 50 growth-stage companies have raised institutional funding. Investors on LVX have seen 155 exits, and the LV Angel AIF, managing $115 million, remains one of the country's most active angel funds. To date, LVX has facilitated over 1,100 deals across asset classes, cementing its role as a key player in India's startup ecosystem. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
