Electric scooter maker Hero Electric has raised INR 160 crore from Mumbai-based Alpha Capital to build its second factory, develop new products and expand dealer network on hopes that local demand for its eco-friendly products will nearly double in the next few years
Multi-brand car marketplace MYNEWCAR has raised USD 1 million in a bridge funding round from high net worth individuals
WheelsEMI Pvt Ltd, a non-banking financial company (NBFC) which provides financing for pre-owned two-wheelers, has raised INR 100 crore in a Series B round of funding led by mid-market private equity firm Faering Capital.
Delightful Gourmet Pvt Ltd, the Bengaluru-based startup that owns online meat and fish ordering platform Licious, has raised USD 25 million in a Series D funding round led by Japanese conglomerate Nichirei Corporation.
Nuveen, the investment management arm of diversified financial services giant Teachers Insurance and Annuity Association (TIAA), has invested about USD 32 million (INR 232 crore) in domestic impact investment asset manager Aavishkaar-IntelleCap Group.