VC Fund Investments
Stride Ventures, via Stride Venture India Debt Fund I, has committed to invest INR 6.92 crore in Noida-based tech-enabled insurance marketplace Gramcover Technologies Pvt Ltd over two tranches. As part of the first…
VC Fund Investments
Bengaluru-based Apnaklub, a B2B wholesale platform for fast-moving consumer goods (FMCG), has raised USD 3.5 million in seed funding from Sequoia Surge, Sequoia Capital India's accelerator programme for startups in…
VC Fund Investments
Singapore-headquartered B2B sales productivity startup Nektar.ai has raised an additional USD 6 million seed round of funding led by B Capital Group, 3One4 Capital and Nexus Venture Partners. A clutch of angel…
VC Fund Investments
Gurugram-based B2B textiles manufacturing marketplace Fashinza has raised USD 20 million (about INR 148.6 crore) led by Accel India and Elevation Capital. The Series A round, a mix of debt and equity, also saw…
Private Equity Fund Investments
Gurugram-based, IPO-bound logistics player Delhivery, backed by Carlyle, Softbank, Fedex and Tiger Global Management, is to acquire a 100% stake in Mumbai-based Spoton Logistics for about USD 200 million. The deal will…
Private Equity Fund Investments
Gurgaon-based co-living startup Housr is in talks to raise USD 20 million in Series B by the next quarter and triple its capacity by three times to 10,000 beds across cities. It currently has 3,500 beds in 16…
Fund News
Singapore-based financial services group DBS and the island's sovereign fund Temasek have set up a USD 500 million financing platform, EvolutionX Debt Capital, for non-dilutive funding to technology-enabled firms with…
Fund News
Sequoia Capital India has announced the promotion of five new managing directors to its investment advisory team. Ashish Agarwal and Harshjit Sethi will now be taking over as MDs of Sequoia India's venture team. Ishaan…
Other Private Equity/Strategic Investments
NYSE-listed, Maumee, OH (USA)-based Dana Inc, a drivetrain and e-propulsion systems company, is to pick up a stake of around 1% in Switch Mobility, the EV subsidiary of Ashok Leyland, for USD 18 million. Under the…
Angel Investments
Chennai-based beverages chain Chai Waale has raised INR 5 crore from actor Nayanthara and producer Vignesh Shivan. Other angels that participated in the round include Sunil Sethia, SunilKumar Singhvi, Manish Mardia and…
