15/10/2018

US-based Concept Medical raises USD 60million to boost India, global operations

Florida-based medical device company Concept Medical Inc, which also has operations in India, has raised USD 60 million from the family office of Indian-American cardiologist and entrepreneur Dr Kiran Patel and Pallavi Patel.
15/10/2018

Poultry firm Srinivasa Farms plans family office to invest in startups

Srinivasa Farms Pvt Ltd, a poultry company, plans to set up a family office under its delisted group firm Srinivasa Hatcheries Ltd which seeks to invest in startups into allied businesses such as retail, processed foods and agri-businesses.
15/10/2018

Alibaba’s payment affiliate invests USD 210 million more in Zomato

Online restaurant discovery and food delivery company Zomato Media Pvt Ltd is raising USD 210 million (INR 1,500 crore) from Chinese e-commerce giant Alibaba Group’s payment affiliate.
12/10/2018

BookMyBai.com raises pre-series A Round from Japan-based fund

Domestic help provider BookMyBai,com has raised an undisclosed amount of money in its pre-series A round from ARUN Seed, a Japan based social venture fund, besides from other Japanese angel investors.
12/10/2018

Fintech firm MobiKwik forays into wealth management, acquires Clearfunds

Fintech startup MobiKwik has made its first acquisition by taking over Mumbai-based wealth management platform Clearfunds for an undisclosed amount.
12/10/2018

IIM-A incubator, OmniActive’s Mariwala invest in agri-tech startup Sattvaponics

Agri-tech company Sattvaponics Solutions Pvt Ltd has raised seed funding from the startup incubator of the Indian Institute of Management, Ahmedabad, and OmniActive Health Technologies Ltd founder Sanjaya Mariwala.
12/10/2018

Former Google India, Flipkart execs back AI-based matchmaking startup Betterhalf

Betterhalf,ai, an artificial intelligence-powered matchmaking platform, has raised seed funding of USD 500,000 from angel investors including former Google India managing director Shailesh Rao and Flipkart’s former investment director Vinay Subramanian.
11/10/2018

India: Future Enterprises acquires 55% stake in fintech startup LivQuik

Kishore Biyani-led Future Enterprises Ltd acquired a 55% stake in Mumbai-based fintech startup LivQuik Technology (India) Pvt Ltd, which operates the QuikWallet mobile app.
11/10/2018

Co-working firm Innov8 raises USD 4 million led by Credence Family Office

Shared workspaces start-up Innov8, owned by Guerilla Infra Solutions Pvt Ltd, has raised a USD 4 million pre-Series A round led by Credence Family Office.
11/10/2018

Fosun closes deals across sectors; Leads USD 12 million round in LetsTransport

The Shanghai-headquartered company,through its venture capital arm Fosun RZ Capital has led a USD 12 million investment round in intracity logistics venture LetsTransport.
11/10/2018

Angel investors write first cheque for digital lending startup RevFin

New Delhi-based digital lending startup RevFin Services Pvt Ltd has secured an undisclosed amount in its first seed cheque from UK-based Harash Jain, chief executive of Litejoy International and Anil K Goyal, founder of Anil K Goyal and Associates.
10/10/2018

Alpha Capital plans to invest USD 202 million in Indian consumer-focused firms

Investment management Alpha Capital has received commitments worth INR 1,500 crore from family offices and high networth individuals to invest in Indian companies over the next three to four years.
10/10/2018

Beauty products e-tailer Nykaa in talks to raise USD 200 million from SoftBank

Nykaa, the online retailer of fashion and beauty products, is in early talks with Japan’s SoftBank Group Corp. to raise USD 150-200 million
10/10/2018

IDG Ventures India becomes Chiratae, to raise USD 300 million for fourth fund

IDG Ventures India, an early backer of online retail startups like Myntra, is planning to raise a USD 275-300 million fund under the new brand and will hit the road later this year.
10/10/2018

Swiss impact investor responsAbility bets on organic food exporter Suminter

Switzerland-based responsAbility Investments AG has invested in organic food exporter Suminter India Organics Pvt Ltd
10/10/2018

Kalaari Capital invests more in used cars marketplace Truebil

Mumbai-based online marketplace for pre-owned cars Truebil has raised close to USD 1 million in a fresh round of funding from its existing investor Kalaari Capital.
09/10/2018

Meesho in talks to raise USD 50 million from Apoletto Asia, others

Social commerce marketplace Meesho is in advanced talks to raise USD 40-50 million in funding led by Apoletto Asia, the personal investment vehicle of DST Global’s Russian billionaire founder Yuri Milner and other partners at the firm.
09/10/2018

TALISMAN bags funding

Former Indian football team captain Bhaichung Bhutia’s Talent Invigoration & Sports Management (TALISMAN) has raised an undisclosed amount in funding from CarWale founder Mohit Dubey, and Zomato co-founder Pankaj Chaddha.
09/10/2018

FreshMenu in talks to raise USD 75 million

Food-tech startup FreshMenu is in early talks with private equity firms TPG, General Atlantic, and others to raise up to USD 75 million in funding.
09/10/2018

Social Finance unveils two India-focused impact funds worth USD 2 billion

Global impact investment firm Social Finance announced the launch of two India-focused funds of USD 1 billion each in a bid to drive social change across sectors including education, social infrastructure, and affordable housing.
09/10/2018

SAIF Partners-backed Aye Finance eyes up to USD 40 million in Series D round

Small business loans provider Aye Finance is looking to raise INR 250-300 crore in a Series D funding round from new overseas investors.
08/10/2018

Norwest, Kalaari invest more into logistics tech startup ElasticRun

Pune-based Ntex Transportation Services Pvt Ltd, which runs logistics startup ElasticRun, has raised close to INR 60 crore (USD 8 million) in a fresh funding round from Norwest Venture Partners and Kalaari Capital.
08/10/2018

ASM Technologies invests in Ideaspring-backed Lavelle Networks

Bengaluru-based enterprise networking startup Lavelle Networks Pvt Ltd, has raised around INR 2 crore (USD 270,000) from infotech consulting and software services company ASM Technologies Ltd.
08/10/2018

New investor Sequoia, others deliver INR 202 crore to logistics firm Blackbuck

Logistics startup Blackbuck has received INR 202 crore in a fresh round of funding, with Sequoia Capital coming in as a new investor.
Top