Other Private Equity/Strategic Investments
Mumbai-based NBFC – IFC (infrastructure finance company) Aseem Infrastructure Finance Ltd (AIFL) has raised funds from Japan-based Sumitomo Mitsui Banking Corporation (SMBC). AIFL was earlier incubated by NIIF through…
Other Private Equity/Strategic Investments
Public markets focused investor Nalanda Capital has invested INR 36.88 crore more in publicly listed biotech firm Advanced Enzyme Technologies Ltd on Feb 25, 2022. Post the latest purchases, Nalanda would hold a 5.88%…
Incubation/Acceleration
Maruti Suzuki India (MSI) has announced the winners of the first edition of its incubation programme for startups: True Assistive, eShipz and Hycube Works. These early-stage startups will get an opportunity to…
VC Fund Investments
New Delhi-based value retailer 1-India Family Mart, run by Nysaa Retail Pvt Ltd, has raised INR 50 crore in series B funding from Dubai-based Gulf Islamic Investments (GII). The Carpediem Capital-funded retailer, which…
PE Fund Investments
Bengaluru-based fintech startup Perfios has raised around USD 70 million in a Series C round from existing investors Warburg Pincus and Bessemer India. The company had raised USD 50 million in a Series B round led by…
PE Fund Investments
Biocon Biologics, a subsidiary of publicly listed biotech firm Biocon, will acquire Canonsburg, PA (USA)-based Viatris' biosimilars business in a USD 3.3 Billion cash and stock deal. Viatris will receive USD 2 Billion…
PE Fund Investments
Dream Capital, the corporate venture capital arm of DreamSports, is in talks to lead a USD 100 million funding round in cricket-focused non-fungible token (NFT) startup Rario. Rario has procured NFT rights to five…
Fund News
Prime Venture Partners, an early-stage India-focused venture capital fund, has made the final close of its fourth fund of USD 120 million. The fund was oversubscribed and has exceeded its target of USD 100 million in…
Other Private Equity/Strategic Investments
Bharti Airtel has acquired a strategic stake of 10% in Aqilliz – a Blockchain as a Service (BaaS) company under the Airtel Startup Accelerator Program. Airtel aims to deploy Aqilliz's blockchain technologies at scale…
Incubation/Acceleration
Accelerator StartupBay has invested USD 1.2 million in the seed round of Pune-based robotics firm Rocket AI in return for a 10% stake. Rocket AI combines low-code no-code, robotic process automation (RPA) and AI to…
