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Former Infosys CEO Vishal Sikka’s AI firm, Vian Systems, raises USD 50 mn

May 21, 2019

Artificial intelligence startup Vian Systems, set up by former Infosys CEO Vishal Sikka after his acrimonious exit from Infosys, has raised USD 50 million in funding.

Read more - https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/former-infosys-ceo-vishal-sikkas-ai-firm-vian-systems-raises-50-m/articleshow/6942101

Vertex hits target corpus for new India, Southeast Asia VC fund

May 17, 2019

Vertex Venture Holdings Ltd, an early-stage venture capital firm backed by Singapore’s Temasek Holdings, has raised the targeted corpus of USD 230 million for its new fund focused on Southeast Asia and India.

Read more - https://www.vccircle.com/kissht-licious-backer-vertex-hits-first-close-of-new-india-southeast-asia-fund

Eyecare Chain Gets INR 206 crore from Mahindra Partners

May 16, 2019

Mahindra Partners, the investment arm of automobiles-to-information technology conglomerate Mahindra Group, has invested INR 206 crore in specialty eyecare chain Centre for Sight

Read more - https://www.vccircle.com/mahindra-partners-invests-in-single-speciality-chain-centre-for-sight

Video game publisher Games2win launches fund targeted at gaming startups

May 16, 2019

Mobile video games publisher Games2win India Pvt Ltd has launched a fund targeted at startups and entrepreneurs in the gaming sector.

Read more - https://www.vccircle.com/video-game-publisher-games2win-launches-fund-targeted-at-gaming-startups

Grofers gets USD 200 million from SoftBank, others to continue fighting BigBasket

May 16, 2019

Grofers India Pvt Ltd has raised USD 200 million in a new funding round led by SoftBank Vision Fund.

Read more - https://www.vccircle.com/grofers-gets-200-mn-from-softbank-others-to-continue-fighting-bigbasket

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