Social VC Investments
Bhubaneswar-based microfinance institution (MFI) Annapurna Finance has raised USD 20 million from German development finance institution DEG. It will use the funds to boost its financial inclusion objectives, getting…
Angel Investments
Gurugram-based B2B logistics startup Pidge has raised USD 1 million from Indian Angel Network. The funds will be used for expanding to Chandigarh, to build on product pipeline and tech capabilities to deliver routing…
Liquidity Events
Singapore-based Xcelerate Pte Ltd, through its wholly-owned Indian subsidiary XLSure India, has acquired a controlling stake in Madurai-based Aparajitha Corporate Services Pvt Ltd, a compliance services provider…
VC Fund Investments
Mumbai-based Drona Pay, which helps financial institutions defend themselves against fraudsters, has raised a seed round of INR 3.2 crore from Varanium Capital, Credit Saison, fintech veterans Kunal Shah, Jitendra…
Private Equity Fund Investments
Bengaluru-based furniture rental platform Rentomojo has raised INR 145 crore in debt and equity. Of this, INR 130 crore was raised as debt from institutional investors and the rest in equity from existing investors…
Private Equity Fund Investments
Mumbai-based online investment platform Upstox has raised USD 25 million (INR 185 crore) from existing investor Tiger Global, as part of a larger round. It has allotted 18,761 Series C preference shares at INR 98,608…
Private Equity Fund Investments
Goldman Sachs-backed SAMHI Hotels has provided INR 83 crore of quasi-equity to Barque Hotels Pvt Ltd to keep the operator of Holiday Inn Express chain of hotels afloat. In addition, Cerberus Capital has extended an INR…
Private Equity Fund Investments
he IL&FS Group has completed the sale of its 52.26% stake in Gurugram-based Terracis Technologies Ltd (formerly IL&FS Technologies Ltd) to Falcon SG Holdings, (Philippines) Inc. With this stake sale, IL&FS has resolved…
Fund News
Recognizing the potential of student-led entrepreneurships, micro VC Eximius Ventures has launched its first cohort of the Student Venture Partner program, designed to empower undergraduate students to participate in…
Fund News
Sundaram Finance has raised INR 200 crore in the third tranche of its High Yield Secured Real Estate Fund within a month of its launch and targets raising INR 700 crore. The fund will seek to create risk-adjusted…
