VC Fund Investments
Bengaluru-based neobanking startup epiFi has raised USD 12 million (INR 88.2 crore) more from its existing investors Sequoia Capital India and Ribbit Capital (who contributed INR 44.1 crore each). The company has…
VC Fund Investments
Mumbai-based mortgage finance startup Easy has raised USD 15 million as part of a Series-A funding round led by private equity firm Xponentia. The round saw participation from existing VC investors such as Harbourfront…
VC Fund Investments
Jaipur-based skincare startup Minimalist has raised USD 15 million (INR 110 crore) in a Series A funding round led by Sequoia Capital India with participation from Unilever Ventures. The funds will be utilised to…
Private Equity Fund Investments
Mumbai-based, publicly listed Sanofi India is to make a slump sale and transfer of its nutraceuticals business, on a going concern basis, to Universal Nutriscience Pvt Ltd for INR 587 crore, including debt-like…
Private Equity Fund Investments
Gurugram-based online automobile marketplace Droom has received the first tranche of its USD 200-million, pre-IPO funding round at a valuation of USD 1.2 billion, making it the the latest entrant into the coveted…
Private Equity Fund Investments
Mumbai-based JSW Cement is to raise up to INR 1,500 crore from US-headquartered Apollo Global Management and Synergy Metals Investments Holding Ltd. The transaction is structured via compulsorily convertible preference…
Private Equity Fund Investments
Mumbai-based conversational messaging unicorn Gupshup has raised USD 240 million from Tiger Global and Fidelity in a secondary transaction ahead of a potential initial public offering (IPO) in the US next year. Other…
Other Private Equity/Strategic Investments
Hyderabad-based teen-focused fintech startup Pencilton has raised USD 330,000 in a pre-seed round led by Jupiter (registered as Amica Financial Technologies Pvt Ltd). The round also saw participation from founders…
Other Private Equity/Strategic Investments
Kotak Mahindra Bank (KMB), Axis Bank, HDFC bank and ICICI Bank have bought stakes in newly incorporated fintech firm IBBIC Pvt Ltd. ICICI Bank has picked up 5.44% while KMB, HDFC Bank and Axis Bank have each picked up…
VC Fund Investments
New Delhi-based Immensitas Pvt Ltd has raised INR 6.3 crore in a pre-Series A round led by Artha Venture Fund (AVF), with participation from LogX Ventures. The company will use the funds for its flagship product…
