Liquidity Events
PE investor Blackstone, via its affiliate entities, has sold 57 million shares at an average price of INR 355.1 per unit of publicly listed Embassy Office Parks REIT on Sep 15, 2021. Post the latest sales, which…
VC Fund Investments
Bengaluru and San-Francisco-based wealth management startup Bright Money, which provides its proprietary artificial intelligence (AI) algorithm, has come out of stealth mode and raised USD 31 million from Sequoia…
VC Fund Investments
eShipz, a SaaS-based startup offering shipping automation to SMBs and large enterprises, has recently received USD 700,000 in a funding round led by Indian Angel Network (IAN). The round saw participation from existing…
VC Fund Investments
Bharat Agri, a Pune-headquartered digital farm advisory startup, has raised USD 6.5 million in a Series A round led by Omnivore Partners, with participation from existing investors India Quotient and 021 Capital…
VC Fund Investments
New Delhi-based liquor startup Boutique Spirit Brands has raised INR 80 crore through a combination of equity and debt from IIFL Private Equity, Anicut Angel Fund, Kae Capital as well as Narendra Madhusudan Murkumbi…
Private Equity Fund Investments
Bangalore- and USA-based energy technology firm Bidgely has raised USD 26 million (INR 190.8 crore) in a funding round led by Moore Strategic Ventures. The round also saw participation from Accurant International as…
Private Equity Fund Investments
Noida-based unicorn merchant commerce platform Pine Labs has raised USD 100 million from Invesco Developing Markets Fund. Pine Labs was valued at USD 3 billion in July when it closed a USD 600 million round led by…
Liquidity Events
Stockholm-based caller identification firm Truecaller, which counts India as its largest market, aims to raise USD 116 million (1 billion Swedish krona) in its initial public offering on Nasdaq Stockholm. The offering…
Private Equity Fund Investments
Edtech startup Scaler Academy is in talks with existing investors Tiger Global and Sequoia Capital to raise USD70-100 million in a new funding round. Scaler has so far raised USD 21.5 million (about INR 156 crore) from…
Fund News
The Small Industries Development Bank of India (SIDBI) agreed to set up an innovation fund in partnership with the Assam government to promote startups. SIDBI has provided a commitment letter of INR 350 crore to the…
