Kliff Ventures

Tata Group-owned online grocery and quick commerce platform bigbasket has appointed Amit Nanda as its Chief Executive Officer, replacing co-founder Hari Menon, who will remain on the company's board and mentor the leadership team. Nanda joins bigbasket from Amazon India, where he served as Director, Selling Partner Services, overseeing the company's third-party marketplace business.

Clean-label nutrition brand TruNativ has raised USD 30 million in a funding round led by global healthcare investment firm OrbiMed Advisors LLC, according to media reports. The transaction comprises a mix of primary capital and secondary share sales by some of the company's early investors. The Mumbai-based company plans to use the fresh capital to strengthen its offline distribution network, expand its product portfolio and accelerate growth across domestic as well as international markets.

Venture capital firm YourNest Venture Capital has completed the final close of its Rs 400-crore continuation vehicle, YourNest Continuum Fund I, with HDFC AMC Select FOF I coming on board as the anchor investor, the firm said on Tuesday. The fund will hold mature investments from YourNest's earlier funds, including Miko, Dozee, Thriwe, Opkey, Twid and Exponent Energy, allowing the companies additional time to scale while providing liquidity to existing investors.