Delhi-based B2B FMCG e-commerce startup Kirana247 has raised USD 1 million in its pre-Series A round led by financial institutions and serial entrepreneurs. The funds will be deployed to ramp up its fulfilment network…
Bengaluru-based "Thrasio style" venture Mensa Brands has closed another USD 33 million from four existing investors who had invested USD 50 million earlier in a mix of debt and equity. Alpha Wave Incubation (AWI) and…
Private Equity firms ChrysCapital, True North and others have purchased a minority stake in engineering solutions provider QuEST Global for USD 150 million. The stake was bought from QuEST's co-founders and management…
Public sector bank Canara Bank has closed its qualified institutions placement (QIP) issue, garnering a total of INR 2,500 crore in equity capital. The bank has set the issue price at INR 149.35 per share.
Regional airline Flybig hopes to onboard a new investor soon to raise INR 1 billion rupee as it struggles to stay afloat six months after it was launched. The carrier had deferred salary payments and the induction of…
Debt-laden Bharat Hotels, which operates under The LaLiT brand, is looking for strategic investors for a stake sale. The stake sale will help Bharat Hotels fund property renovation, besides closing the revenue per…
Chennai-based integrated security and facility management company Tenon Group plans to raise close to INR 1,000 crore to fund its proposed acquisitions to grow and diversify its business. The company is exploring…
The Union Finance Minister Nirmala Sitaraman has announced the launch of a new AIF for MSMEs in Uttar Pradesh. The Uttar Pradesh 'One District One Product' (ODOP) programme will aid in effective identification of…
Microsoft Corporation has invested nearly USD 5 million in hospitality firm Oyo, reportedly at a valuation of USD 9.6 billion. This investment is likely to be part of a larger round that may see more infusion from…
LoanKuber, a digital mortgage platform for micro-SMEs, has raised USD 1.25 million as part of its ongoing Pre-Series A round. The round saw participation from LetsVenture, AngelList India and Accolade. Prior to this…