VC Fund Investments
Mumbai-based drone maker ideaForge has raised a Series B funding round of USD 20 million led by Florintree, a company led by Mathew Cyriac, the former private equity co-head for Blackstone India. The round also saw…
VC Fund Investments
Mumbai-based direct-to-consumer (D2C) educational product brand Skillmatics has raised a Series B round led by Sofina Ventures. Existing investors Sequoia Capital India and Smiti Holdings also participated in the…
PE Fund Investments
Publicly-listed technology solutions company Cyient is to acquire Singapore-based Grit Consulting, which has expertise in consulting for asset-intensive industries like metal mining and energy, at enterprise value of…
PE Fund Investments
Indore-based Shootih, which helps SMEs and MSMEs invest their idle money in liquid mutual funds and other risk-free investment asset classes, is looking to raise seed funding. Founded in 2021 by Vinita Rathi as part of…
PE Fund Investments
D2C jewellery brand Melorra is in talks with a new set of investors to raise about USD 40 million at a valuation of about USD 400 million. The startup is in talks with a couple of foreign private equity companies…
Other Private Equity/Strategic Investments
Sagen MI Canada is to acquire about 31% stake in India Mortgage Guarantee Corporation (IMGC) in a primary funding round. With this, Sagen will become the second largest shareholder (after Enact Holdings, Inc.). The…
Other Private Equity/Strategic Investments
Publicly listed telco Bharti Airtel has acquired a 7% stake in cloud-based networking solutions provider Cnergee Technologies under the Airtel Startup Accelerator Program. Cnergee's software tools will boost Airtel's…
Other Private Equity/Strategic Investments
Unicorn startup Licious, which sells meat, meat products and seafoods, has invested USD 1 million (around INR 7.6 crore) in a Bengaluru-based fresh pet food company, Pawfectly Made. Pawfectly Made will continue to…
Angel Investments
Bengaluru-based Baaz, a video ecommerce startup, has raised USD 700,000 from Lead Angels and RISO Capital along with several HNIs. It plans to use this capital to enhance its product and technology besides growing its…
Angel Investments
Bengaluru-based Cubyts, a design tech SaaS startup, has raised USD 1.8 million in seed round funding from Better Capital. The startup aims to use the funding for product research and development, brand building, and…
