Backed by industry marquees including Omnivore Capital, Flipkart executive chairman Binny Bansal, Bengaluru-based dairy-tech startup Stellapps has now added Bill and Melinda Gates Foundation and IndusAge Partners to its list of investors, raising USD 14 million in a recent funding round
International Finance Corporation, a member of the World Bank Group, has proposed to invest about USD 40 million million in Time Technoplast Limited (TTL), an Indian manufacturer of polymer-based industrial packaging products
Budget hotel chain Treebo Hotels, operated by Ruptub Solutions Pvt Ltd, has acquired Bengaluru-based travel start-up Events High, which operates an online discovery platform for local events and activities.
Hero Electronix, part of the Hero Group, has acquired Gurgaon-based Zenatix, an enterprise-focused Internet-of-things company, for an undisclosed amount.
Naffa Innovations Pvt Ltd, which operates digital payments start-up ToneTag, has raised USD 8-10 million from a clutch of marquee, strategic investors led by Amazon Inc and Mastercard.