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Aavishkaar plans USD 300 million South Asia fund, aims first close by 2019-end

November 5, 2018

India’s biggest homegrown impact investor by size of investments, Aavishkaar Group, plans to raise USD 300 million for its South Asia-focused fund early next year to invest across financial services, agriculture, energy and health

Read more - https://www.dealstreetasia.com/stories/aavishkaar-south-asia-110497/

Yet-to-be-launched startup INDwealth leads VC funding this week

November 5, 2018

INDwealth, a yet-to-be-launched fintech startup floated by a founder of travel tickets booking firm Ibibo Group, raised USD 30 million from Hong Kong-based hedge fund Steadview Capital

Read more - https://www.vccircle.com/yet-to-be-launched-startup-indwealth-leads-vc-funding-this-week

ITI group’s debut venture capital fund marks first close

November 5, 2018

The Investment Trust of India (ITI), a financial services group backed by Sun Pharmaceutical Industries Ltd director Sudhir Valia, has marked the first close of its INR 150 crore (USD 20 million) early-stage venture capital fund

Read more - https://www.vccircle.com/iti-group-s-debut-venture-capital-fund-marks-first-close

Norwest Venture Partners leads Series D investment in Veritas Finance

November 2, 2018

Multi-stage private investment firm Norwest Venture Partners has led a Series D investment of INR 200 crore in Veritas Finance Pvt Ltd

Read more - https://www.vccircle.com/norwest-venture-partners-leads-series-d-investment-in-veritas-finance

Pet grooming brand Captain Zack secures pre-Series A capital

November 2, 2018

EM & EM Personal Care Pvt Ltd, which owns pet grooming brand Captain Zack and personal care brand Coccoon, has secured INR 11 crore in a pre-series A funding round led by Apar Industries’ promoters Kushal Desai and Chaitanya Desai through their family office

Read more - https://www.vccircle.com/pet-grooming-brand-captain-zack-secures-pre-series-a-capital

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