PE Fund Investments
Chennai-based debt marketplace CredAvenue has joined the unicorn club with a Series B funding of USD 137 million led by US-based global PE-VC firm Insight Partners, B Capital Group, and Dragoneer, with participation…
PE Fund Investments
Private equity group Carlyle is considering a INR 3,750–4,500 crore (USD 500-600 million) investment in Yes Bank along with peer Advent International. The lender is in talks with the private equity (PE) investors to…
PE Fund Investments
MG Motor India, which is owned by China's SAIC Motor Corporation, plans to raise funds to develop its Indian electric mobility business, as Chinese investments face increased scrutiny by the Indian government. It may…
Other Private Equity/Strategic Investments
B2B marketplace IndiaMART has invested INR 17 crore in Gurugram-headquartered, SaaS-based human resource startup, Zimyo. Founded in January 2018 by Kumar Mayank and Ajay Kadyan, Zimyo is an SMB-focused startup that…
Angel Investments
Hyderabad Angels has invested in GetePay, a Jaipur-based online collection platform; Remedico, a Bangalore-based online dermatology service provider; and Ensologic, a Delhi-based cross-border B2B-commerce platform
Liquidity Events
Sequoia Capital India, via SCI Growth Investments II, has sold 2,469,853 equity shares (7.54% stake) at INR 645.35 per share of publicly-listed Stovekraft Ltd on Mar 3, 2022 through a bulk deal on BSE. The sale…
VC Fund Investments
Singapore- and Mumbai-based Docsumo, a document AI startup that helps enterprises make automated decisions from customer documents, has raised USD 3.5 million in seed capital. The round was led by Common Ocean with…
PE Fund Investments
Gurugram-based edtech startup Filo has raised USD 23 million in a Series A round led by Anthos Capital. The round also saw participation from existing investor Better Capital along with GSV, Sapling Capital, and a host…
PE Fund Investments
Gurugram-based audio OTT (Over The Top) platform Pocket FM has raised USD 65 million (about INR 492 crore) in a Series C funding round from Goodwater Capital, Naver and existing investor Tanglin Venture Partners. The…
PE Fund Investments
Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), is to form a joint venture with US-based, Nasdaq-listed integrated manufacturing solutions company…
