Bengaluru-based venture capital firm Ventureast has scaled down the target for its sixth fund to $100 million from the original target of $150 million and is likely to achieve the final close by September.
Noida-based online micro-delivery startup MrNeeds has raised close to $500K in pre-Series A funding from a consortium of investors including IT professional Umesh Arora.
Early-stage healthcare-focussed venture capital fund, HealthQuad, has made the final close of its maiden fund at INR 75 crore, out of which about 85% of the fund corpus has been raised from family offices in Europe and India, while the remainder has been funded by the founders of private equity firm Quadria Capital.
Tata Capital Ltd, a financial services business of the Tata group that manages various private equity funds, has earmarked $115 million to be invested as its general partner commitment, as the firm looks to raise up to $1 billion across three private equity funds( Tata Opportunities Fund II, Tata Capital Growth Fund II and Tata Capital Healthcare Fund II).
VanityCask Tech Pvt Ltd, which runs luxury beauty products discovery platform VanityCask, has raised an undisclosed amount in seed funding from Singapore-based angel and venture capital firm RB Investments.