Wipro’s venture capital arm had made a strategic investment in automated testing company Tricentis as part of a partnership to boost its quality engineering business.
Former senior executives of InnoVen Capital, Ajay Hattangdi and Vinod Murali, plan to launch Alteria Capital, touted to be the country’s biggest venture debt fund with a corpus of INR 1,000 crore
Mumbai-based Zepo Technologies Pvt Ltd, which runs a do-it-yourself e-commerce platform for small businesses, has raised INR 3,19,00,000 from FreeCharge co-founder Kunal Shah, People Group founder and CEO Anupam Mittal, who is an existing investor and Hetal Sonpal, former head of strategic alliances at Intel India.
Peregrine Courier Services Pvt Ltd, which runs on-demand shipping app Speedbox, has raised $300,000 in seed funding from Mumbai-based logistics firm Cismat Cargo Services Pvt Ltd.
Bajaj Finance Ltd has acquired 10 equity shares and 271,050 compulsory convertible preference shares (CCPS) in mobile wallet company MobiKwik for about INR 225 crore at a valuation of INR 2,077 crore ($327 million).