Fund News
Sebi has reconstituted its alternative investment policy advisory committee, which advises the capital markets regulator on a range of issues that impact further development of the AIF space. The committee now has 20…
Fund News
Healthcare industry veteran Kapil Khandelwal's Toro Finserve has announced the launch of its maiden healthcare fund with a USD 1 billion (about INR 7,450 crore) commitment from investors, mostly from hedge funds and a…
Other Private Equity/Strategic Investments
State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB), Union Bank of India (UBI), Canara Bank, and Bank of Maharashtra (BoM) announced subscription to the shares of India Debt Resolution Company…
Angel Investments
Mumbai-based Fundfina, a B2B2B embedded financing platform for enterprises and MSMEs, has raised USD 1.3 million (INR 10 crore) as part of its seed round. The round saw participation from LetsVenture AIF Syndicate, led…
Liquidity Events
Digital insurance marketplace RenewBuy has acquired Bengaluru-based fintech startup Artivatic.AI, as it looks to scale up business and improve technology solutions to better serve customers in insurance claim…
VC Fund Investments
Bengaluru-based Bullieverse, an open-world metaverse platform, has raised USD 4 million from investors led by Web3 venture funds to help build an arcade of play-to-earn games. The funding would support Bullieverse's…
VC Fund Investments
Bengaluru-based micro-lending startup SmartCoin has raised INR 52.05 crore (about USD 7 million), in a Series B round from new and existing investors including Lightbox. It has allotted 2,925 Series B CCPS at an issue…
PE-RE Fund Investments
US-based Alamo Group has completed the acquisition of Chennai-based XS Real Properties. Alamo Group is a PE firm with investments in a diverse portfolio of commercial real estate assets including Class A office…
PE-RE Fund Investments
SWAMIH (Special Window for Affordable & Mid-Income Housing) Investment Fund, the stress fund for the realty sector, has approved about 105 deals, which will help in the completion of 61,000 homes. Of these, 144 deals…
PE-RE Fund Investments
Singapore's sovereign wealth fund, GIC, is in talks with the Bhartiya Group to invest INR 2,800 crore in its commercial project in Bengaluru. The deal will see GIC picking up 3 million sq ft of commercial assets in…
