Aye Finance, a provider of loans to small businesses has raised around USD 21 million in its Series C round led by CapitalG, the venture capital fund owned by Alphabet Inc.
IIM Ahmedabad’s incubator-cum-investor, Centre for Innovation Incubation and Entrepreneurship (CIIE), invested an undisclosed amount of seed capital in Noida-based placement solutions provider Reculta.
Pfizer Inc said on Wednesday it planned to invest USD 600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience
PM Narendra Modi Fund of Funds Startup India initiative has committed INR 1,285 crore towards startups since the launch of the INR 10,000-crore fund in January 2016.
US private equity firm Vora Ventures has acquired ShakeDeal, a Bengaluru-based B2B bulk sourcing online marketplace for industrial goods, supplies, and raw materials.