Archive News

05/11/2018

China’s Shunwei Capital raises USD 1.21 billion for its latest global fund

Chinese early-and growth-stage venture capital fund Shunwei Capital has raised one of its largest funds yet at USD 1,21 billion.
05/11/2018

Tiger Global said to eye fresh India investments after three-year hiatus

Three years after its last investment in the country, New York-based Tiger Global Management is said to be planning an investment in two Indian companies — Fyle and Facilio
05/11/2018

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

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
05/11/2018

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

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
05/11/2018

ITI group’s debut venture capital fund marks first close

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
02/11/2018

Norwest Venture Partners leads Series D investment in Veritas Finance

Multi-stage private investment firm Norwest Venture Partners has led a Series D investment of INR 200 crore in Veritas Finance Pvt Ltd
02/11/2018

Pet grooming brand Captain Zack secures pre-Series A capital

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
01/11/2018

Sixth Sense Ventures closes second fund at USD 68 million, surpasses initial target

Early-stage venture capital firm Sixth Sense Ventures has closed its second fund at INR 500 crore
01/11/2018

Venture Catalysts invests in bike-sharing app Mobycy

Venture Catalysts has invested in bike-sharing app Mobycy in an angel funding round.
01/11/2018

Used cars marketplace Truebil raises USD1.35 million in venture debt

Mumbai-based online marketplace for pre-owned cars Truebil has raised INR 10 crore in a fresh round of funding from venture debt provider Trifecta Capital.
31/10/2018

Turms raises INR 6 crore to fund expansion, hiring

Internet first apparel brand Turms, which sells stain repellent, odour-resistant daily wear has raised INR 6 crore from a clutch of angels including Freshdesk founder Girish Mathrubootham, former Reliance Retail Lifestyle president Bijou Kurien.
31/10/2018

Sentieo raises USD 19 million in Series A financing round

San Francisco and Delhi-based financial research platform Sentieo has raised USD 19 million in its Series A round of equity financing that was led by growth equity firm Centana Growth Partners.
31/10/2018

Ex-Cisco chairman John Chambers’ VC firm backs cybersecurity company Lucideus

Indian firm Lucideus Technologies Pvt Ltd, which provides digital security services for companies, has raised USD 5 million (INR 36 crore) from JC2 Ventures, the venture firm of former Cisco executive chairman John T Chambers.
31/10/2018

Worker background verification firm AuthBridge acquires Footprints

Gurugram-based AuthBridge Research Services Pvt Ltd, which verifies employee background, has acquired Bengaluru-based Footprints Collateral Services Pvt Ltd operating in the same segment.
31/10/2018

Japan’s Incubate Fund, others invest in e-sports startup GamingMonk

E-sports startup GamingMonk has raised INR 4 crore in a fresh round of funding from Japanese seed investment firm Incubate Fund and Google India managing director Rajan Anandan.
31/10/2018

Angel investors back online loan facilitator NIRA

NIRA, an online startup that channels personal loans through its partnership with Federal Bank, on Tuesday announced its USD 1 million seed round involving angel investors in the UK and India
31/10/2018

Freshworks, Pepperfry founders & others back apparel brand Turms

Bengaluru-based Bigphi Technologies Pvt Ltd, which sells apparel under the brand Turms, has raised USD 870,000 from angel investors the round was led by Freshworks founder Girish Mathrubootham, former Reliance Retail Lifestyle president Bijou Kurien, Pepperfry founder Ambareesh Murty, OneAssist founder Subrat Pani and former Flipkart executive Mekin Maheshwari.
29/10/2018

Flipkart co-founder Sachin Bansal may invest up to USD 100 million in EV maker Ather Energy

Flipkart co-founder and former chief executive Sachin Bansal is in talks to invest an additional USD 50-100 million in electric vehicle maker Ather Energy Pvt Ltd.
29/10/2018

SoftBank may deliver fresh funds to Grofers

SoftBank Vision Fund (SVF) is in final discussions to lead a new USD 120-150 million financing round in grocery delivery startup, Grofers, which may also see German retail group Metro AG participate, albeit with a smaller cheque.
29/10/2018

Sukkhi.com raises USD 7 million from Carpediem Capital, Duane Park

Sukkhi,com , which operates online fashion jewellery start-up under the brand “Sukkhi” has raised USD 7 million from Carpediem Capital & Duane Park.
26/10/2018

IAN Fund invests in waterless personal hygiene startup Clensta

Clensta International Pvt Ltd, a New Delhi-based waterless personal hygiene startup, has raised an undisclosed amount in seed funding from Indian Angel Network (IAN) and its eponymous venture capital fund.
25/10/2018

Indiabulls Ventures to raise USD 210 million from Tamarind Capital, Steadview, others

Indiabulls Ventures Ltd is raising about USD 210 million from four foreign institutional investors including, US private equity firm Tamarind Capital and investment firm Steadview Capital.
25/10/2018

Sequoia-backed HealthKart to get new investor in USD 10 million capital raise

Gurugram-based Bright Lifecare Pvt Ltd, which runs omnichannel health products store HealthKart, is raising close to USD 10 million in a fresh funding round from new and existing investors.
25/10/2018

Cyrus Mistry to make venture investments, hires BCG senior partner

Former Tata Sons Ltd chairman Cyrus Mistry has floated an investment firm to incubate new ventures and provide seed- and early-stage growth capital to startups in India and other countries.
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