Sequoia Capital India has made its first investment in the Persian Gulf region by leading a USD 33 million funding round for Riyadh, Saudi Arabia-based fintech firm Lean Technologies. Lean enables companies to access…
Gurugram-based SaaS Labs, which builds business automation tools for sales and support teams worldwide, has raised USD 42 million (about INR 312 crore) in a funding round led by Sequoia Capital India. The Series B…
Chennai-based M2P Fintech (formerly Yap), which provides API infrastructure solutions for banks mainly in Asia, has raised USD 56 million in a C1 series round led by Insight Partners. The Mitsubishi Group's MUFG…
Swiss impact investor responsAbility has participated in the USD 60 million Series C round of RenewBuy, a Gurugram-based insurtech company. Founded in 2015, RenewBuy, through its subsidiary D2C Insurance Broking Pvt…
San Jose, CA (US)- and Bengaluru-based Pixis (operated by Aiquire Inc), a provider of contextual codeless AI infrastructure for marketing optimization, has raised USD 100 million in Series C funding led by SoftBank…
Mumbai-based RBL Bank Ltd has approached private equity funds to raise INR 1,500 crore (USD 201 million) in a bid to allay investor concerns over its financial health.
pi Ventures, an early stage venture capital fund, has made the first close of its second fund at INR 300 crore (USD 40 million). The second fund was launched in March 2021 with a base target corpus of INR 565 crore…
Avendus PE Investment Advisors, an asset management arm of Avendus Group, has marked the first close of its second structured credit fund Avendus Structured Credit Fund II (ASCF II) by raising INR 432 crore (around USD…
EverSource Capital, a JV between private equity firm Everstone Capital and Lightsource BP, has completed the final close of India's largest climate impact fund, Green Growth Equity Fund, at INR 5,520 crore (USD 741…
Indian Energy Exchange (IEX) has sold 4.93% of its stake in Indian Gas Exchange Ltd to fuel marketing giant Indian Oil Corporation. IEX and National Stock Exchange are promoters of IGX. Other strategic investors in IGX…