IDFC Alternatives, the private equity arm of IDFC group, is partnering with venture capital firm Parampara Capital to launch an early stage fund targeting at innovative startups.The fund, IDFC Parampara Early Stage Opportunities Fund – Series I, seeks to make Series A investments in companies across sectors where technology, intellectual property and innovation are primary differentiators.


Edtech startup BYJU’s has acquired Bengaluru-based Vidyartha, a data-driven platform offering customised learning guidance to students.The acquisition will help strengthen BYJU’S efforts to create highly personalised learning experiences for the students using the application.


Wipro chairman Azim Premji’s family office, PremjiInvest has reportedly invested $25 Mn in Bengaluru-based food company, ID Fresh Foods. With the investment, Premji Invest has acquired a 25% stake in the company at the latter’s valuation of $100 Mn. The company will use the fresh funds to grow its presence across India and expand its product offerings.