The venture capital arms of Singapore’s sovereign fund Temasek and Southeast Asia’s largest real estate developer CapitaLand have teamed up to invest more than $5 million in Bengaluru-based ecommerce consultancy Ace Turtle. Temasek’s Vertex Venture led the Series-A funding and CapitaLand’s C31Ventures is the co-investor in Ace Turtle, an omni-channel specialist.
Delhi-based cold pressed juice maker MyGreens has raised INR 3-5 crore in an angel round. MyGreens will use the capital raised to launch a new range of beverages in keeping with its vision to be a ‘clean label’ fast-moving consumer goods brand by early 2018.
Tech-focused venture capital firm, Iron Pillar, has made the first close of its maiden India fund at INR 129 crore, bringing on board two major anchor investors, Small Industries Development Bank of India (SIDBI) and diversified financial services player IIFL.
Home rental startup NestAway has acquired rental management company Zenify in an all stock deal. The acquisition will help NestAway expand its services for families.
Fashion e-commerce firm Yepme, operated by VAS Data Services Pvt Ltd, has raised around $700,000 in bridge funding. The company raised the capital by issuing optionally convertible debentures to Kolkata-based Rainbow Digital Services Pvt. Ltd and Noida-based ILearnFinance Academy Pvt. Ltd.