Baring Asia has sold a 9.86% stake in publicly-listed Coforge Ltd (formerly NIIT Technologies Ltd), for INR 2,560.32 crore. Post the sale, Baring Asia would hold a 40.11% stake in the company.
Existing investors Tiger Global and A91 Partners are to increase their stake. In cloud kitchen startup EatClub Brands (earlier known as Box8) by investing nearly USD 30 million. Another existing investor IIFL will sell…
Mumbai-based Gold loan non-banking finance company (NBFC) Indel Money is in talks with private equity funds to divest 15% stake to raise INR 400 crore to fund its pan-India expansion plans. The NBFC is aiming to double…
CapitaLand Investment Ltd (CLI) has appointed Gauri Shankar Nagabhushanam as chief executive officer of India business parks, with effect from April 1. Gauri Shankar will succeed Vinamra Srivastava, who will relocate…
Mumbai-based venture capital company, Equanimity Investments, has initiated its second fund. The VC firm has set a target corpus of around USD 45.5 million and a green shoe option to raise an equal amount. The fund has…
BharatRohan Airborne Innovations, a Delhi-based agritech startup, has raised seed funding in a round led by Upaya Social Ventures and Acumen Fund Inc. The fresh capital will be used to strengthen its foothold across…
Sequoia Capital India has completed its exit from publicly-listed Stovekraft Ltd. Its latest sale - via the public markets - aggregated to INR 50 crore. The shares were bought by Rajendra Gandhi (MD of Stovekraft)…
New Delhi-based Wellcurve, an integrated e-commerce platform curating brands, products, and information dedicated to a healthier lifestyle, has raised a seed round led by US-based Benevolent Capital with participation…
Eight Roads Ventures India has participated in the $17.6 million in Series A funding round for US-headquartered Silq. The round was co-led by Eight Roads affiliate F-Prime Capital and Flexport Ventures. Existing…
Bengaluru-based B2B automation platform Jiffy.ai has raised USD 53 million in a Series B round led by Eight Roads Ventures. The round also saw participation from Iron Pillar, R-Squared, and existing investors Nexus…