New Delhi-based VLCC Health Care Ltd has raised nearly INR 37 crore by selling shares to a foreign entity. As many as 6,27,804 equity shares have been issued for around INR 37 crore to Bahamas-based Zall Holdings Ltd…
Mumbai-based Arcana Network, a blockchain startup that offers decentralised storage and data privacy platform for Ethereum, has raised USD 2.3 million led by Republic Crypto and Woodstock Fund. Digital Currency Group…
Bangalore-based made-to-order furniture manufacturer and home improvement company Arrivae has raised INR 50 crore in the first external funding round led by well known public market investor Rakesh Jhunjhunwala (who…
Mumbai-based Toch.ai, a software-as-a-service platform, has raised USD 11.75 million Series A funding by Moneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9 Unicorns, Anthill Ventures, Cathexis…
Noida-based Insurtech startup GramCover has raised USD 7 million in a Series A round co-led by Siana Capital and Inflexor Ventures. The fundraise also saw the participation of Stride Ventures along with existing…
Bengaluru-based D2C jewellery brand Melorra has raised USD 24 million in a funding round led by 9Unicorns, Symphony International Holdings Ltd, Value Quest, Venture Catalysts, Param Capital and family offices. The…
India Resurgence Fund (IndiaRF), a joint venture between Piramal Enterprises Ltd and Bain Capital Credit, has invested INR 310 crore (USD 42 million) in the equity of Mangalore-based Primacy Industries Ltd, a contract…
Bangalore- and Alleppey-based mattress maker Duroflex has raised USD 60 million from Norwest Venture Partners. Avendus Capital acted as the exclusive financial advisor to Duroflex on this transaction. Duroflex operates…
Publicly listed PNB Housing Finance Ltd has terminated a INR 4,000 crore fund raising deal, originally announced in May with an investor group led by private equity major The Carlyle Group, citing legal issues and…
Harleysville, PA (USA)-based Colorcon, Inc. has acquired a majority share in Mumbai-based Ideal Cures, which supplies coatings for tablets and capsules to the pharmaceutical and allied sectors. The deal, reported to be…