Damroo raises Rs 5 Cr from Hindustan Times; Papacream, Artiure headline D2C signals
YourStory's May 20 roundup spotlights three India consumer plays: premium D2C ice cream brand Papacream, AI-art-to-wall-decor marketplace Artiure enabling artist monetisation, and Damroo closing a Rs 5 Cr round led by Hindustan Times.
What happened
YourStory daily roundup features D2C premium ice cream brand Papacream, AI-art-to-wall-decor marketplace Artiure helping Indian artists monetise, and Damroo
Key facts
- Rs 5 Cr
- Rs 250 Cr
- 26 startups
- $1 million
- Rs 450 Cr
Why this matters
Hindustan Times' direct investment into Damroo highlights how legacy media houses are using minority stakes in D2C brands as a partnership vector worth scanning for competitive or co-investment angles.
Also reported by
- YourStory — Same time