Home services marketplace UrbanClap has raised INR 20 crore in debt funding from venture debt firm Trifecta Capital through non-convertible debentures. The startup also allotted equity through some compulsory convertible preference shares to Trifecta for INR 2 crore.
On-demand food delivery platform Faasos Food Services has raised INR 41 Crore in an extension of its previous funding round from existing investors. The investors include Ligthbox Ventures II, Lightbox Expansion Fund, Sequoia Capital India, RuNet South Asia and RB Investments.
Venture capital firm HealthQuad Advisors Pvt Ltd has made its third bet in a Hyderabad-based single-specialty healthcare company.
Video-based social platform VideoKen has received $1 million from a group of angel investors. The investors include LG Chandrasekhar, Sutures India chairman; Sashi Reddi, partner SRI Capital; and few current and former executives of Flipkart. Founded in 2016, the startup offers video learning to educational institutions, training companies, and enterprises.
Hero Enterprises today announced a INR 100 crore investment in impact investor Aavishkaar’s new fund, the Aavishkaar Bharat Fund. Aavishkaar Bharat Fund is the investor’s sixth fund, and is a SEBI registered Category II Alternative Investment Fund.