Liquidity Events
Mumbai-based public transport technology firm Chalo is in talks to acquire scooter rental firm Vogo in a mostly stock swap deal with a little cash component.
Other Private Equity/Strategic Investments
Fintech platform INDmoney, which helps its users manage money across investments, taxes, loans, expenses and taxes via a single platform, is in talks to raise USD 100 million in a round led by existing investor Tiger…
Fund News
Mumbai-based Merisis Advisors is raising a dedicated startup investment fund as it seeks to tap opportunities from the pandemic-aided digital boom. The fund will aim to collect INR 200 crore from global private equity…
Fund News
Early-stage investor 3one4 Capital has raised INR 1,000 crore for its third fund from both domestic and international institutional investors. The fund surpassed its target of INR 750 crore riding on strong investor…
Fund News
Growth Capital focused A91 Partners has closed its second India-dedicated fund at USD 550 million. It was previously reported, in August, that A91's new fund had roped in limited partners like The Canada Pension Plan…
Private Equity Fund Investments
Advent International is to acquire Bengaluru- and Scottsdale (AZ), USA-based Encora, an Indian origin IT services firm, from Warburg Pincus for USD 1.5 billion. Warburg Pincus had mandated JP Morgan to find a buyer for…
Other Private Equity/Strategic Investments
On-demand grocery delivery startup Zepto is in talks to raise USD 100-125 million at a valuation of around USD 550 million. Zepto operates in Mumbai, Bengaluru and Gurugram. With the new fundraise, the company plans to…
Other Private Equity/Strategic Investments
IPO-bound ride hailer Ola is finalising a pre-IPO financing round which is likely to be led by IIFL Wealth Management and Edelweiss Private Equity, at a valuation of USD 7 billion. Existing investors such as private…
Fund News
Capital A, a venture fund for seed to early-stage start-ups, has launched a USD 25 million (about INR 186.2 crore) fund. It plans to invest in 8-10 companies every year, with a ticket size of USD 50,000-500,000. It…
Other Private Equity/Strategic Investments
Singapore-based Vinzero PTE Ltd has acquired a 20% equity stake in New Delhi-based Capricot Technologies Pvt Ltd. Link Legal advised Vinzero on the deal. Capricot provides software technologies covering the entire…
