Kotak Special Situations Fund, managed by Mumbai-based Kotak Investment Advisors, has invested INR 1,000 crore in Chennai-based third party logistics firm TVS Supply Chain Solutions (TVS SCS). Under the transaction…
Private Equity group Advent International has emerged as the frontrunner to acquire Eureka Forbes, the consumer durables flagship of the diversified Shapoorji Pallonji Group, for INR 4,500-5,000 crore. Both sides have…
Mumbai-based ethnic apparel manufacturer Suumaya Industries has picked up a minority stake in Nysaa Retail Pvt Ltd, which runs the value retailing chain 1-India Family Mart, for about INR 5 crore. Suumaya has purchased…
Fintech startup FinMind has raised angel funding from well-known Alok Gupta and Amit Maheshwari. Gupta is the chief executive officer of one of the largest diversified business conglomerates in the Middle East…
Mumbai Angels Network has invested USD 320,000 in Mumbai-based gaming platform GameEon Studios. The company will be utilizing the fresh capital to further strengthen its publishing model by establishing a strong…
Kochi-based agri-tech start-up Farmers Fresh Zone has raised INR 6 crore from existing investors led by Indian Angel Network (IAN). Malabar Angel Network and Native Angel Network also participated in this round of fund…
The Canada Pension Plan Investment Board (CPPIB) sold 23 million shares (constituting a 2.3% stake) of publicly listed SBI Life Insurance Company. The shares were sold at INR 1,171 apiece reaping INR 2,693 crore. Prior…
​​GimBooks, a Chattisgarh-based fintech startup for small and medium enterprises (SMEs), has raised seed funding from a network (syndicate) of angel investors pooled in by First Check Ventures through the US-based…
D2C healthy food brand Anveshan has raised INR 3.67 crore in an extended seed round led by DSG Consumer Partners with participation from Titan Capital and Anjali Bansal from Avaana Capital. Existing investors…
Mumbai-headquartered edtech platform Clever Harvey has raised USD 1.5 million in pre-Series A funding. The round was led by TechNova Ventures along with Tom Varkey and Multiply Ventures and included the company's…