Fund News
Ajay Banga, former chief executive officer (CEO) of Mastercard Inc., is joining General Atlantic as vice-chairman. Banga will advise General Atlantic's top management on the firm's strategy and work with its sector and…
Other Private Equity/Strategic Investments
B2B marketplace IndiaMART has invested INR 32.4 crore (USD 4.32 million) to acquire a stake in Mynd Solutions, which operates M1xchange, an RBI-approved TReDS (Trade Receivable Discounting System). SIDBI Venture…
VC Fund Investments
Wipro Consumer Care–Ventures, the venture capitla arm of Wipro Consumer Care & Lighting, is to invest in Mumbai-based Soulflower, a D2C company in the clean beauty space. The startup will use the funds to increase…
VC Fund Investments
Gurugram-based BizzTM, a B2C social commerce startup, has raised USD 1.2 million in a seed round from 2am VC along with Axilor Ventures, Let's Venture, IIMI Fund, Qua Capital, Incisive Ventures, and angel investors…
VC Fund Investments
Hyderabad-based edtech startup NxtWave has raised USD 2.8 million in a pre-Series A round led by Orios Venture Partners and Better Capital. The round also saw participation from Ravi Bhushan (founder, BrightChamps)…
Private Equity Fund Investments
Gurugram-based CollegeDekho, an online college admissions and higher education services platform, has raised a total USD 8.5 million more as part of its Series B round. The round, from Winter Capital, QIC, ETS…
Private Equity Fund Investments
Mumbai-based cloud kitchen startup Box8, which operates brands like Mojo Pizza, has raised USD 40 million from Tiger Global, and rebranded itself as EatClub Brands. It will use the funds to scale geographically to 500+…
Private Equity Fund Investments
CRED, a credit card bill payments platform, is to acquire fellow Bengaluru-based corporate expense management company Happay in a cash and stock deal worth USD 180 million. The acquisition will allow CRED to enter the…
Other Private Equity/Strategic Investments
Virtual event organisation startup Airmeet is in talks to raise USD 25-30 million at over USD 150 million in valuation from existing and new investors. Prosus Ventures and Sequoia Capital are likely to co-lead the new…
Fund News
Lumos Alternative Investment Advisors and Gruhas Proptech, an entity backed by Zerodha promoters and Puzzolana Group, are set to raise an INR 500 crore fund. The proposed fund will focus on structured debt and equity…
