VC Fund Investments
Gurugram-based CityMall, a community-based e-commerce venture, has raised USD 22.5 million (about INR 167 crore) led by General Catalyst and Jungle Ventures. The series B round also saw participation from existing…
Private Equity Fund Investments
Solar power producer ACME, along with Brookfield Renewable, will build a 450 MWp solar project in Rajasthan. The project includes a 25-year power purchase agreement with Maharashtra State Electricity Distribution…
Private Equity Fund Investments
Global infrastructure investment firm Actis has acquired 500 MW Indian assets of Finland-based solar power producer Fortum. The assets include the 250-MW Pavagada II and the 250-MW Rajasthan solar power plants. The…
Private Equity Fund Investments
Mid-market Private Equity firm Access PE (via Access India Fund and also its co-investors) has exited its total stake in Mumbai-based diaper brand Nobel Hygiene and achieved 8x returns with 28% IRR. The stake was…
Other Private Equity/Strategic Investments
Bengaluru-based lifestyle video and commerce platform Trell is in advanced talks to raise a USD 40 million Series B round that will be led by Mirae Asset and H&M Group. The term sheet has been signed and the…
Other Private Equity/Strategic Investments
Canada Pension Plan Investment Board (CPPIB) and Tata Realty and Infrastructure are in talks to set up a commercial property development platform in India with each investing INR 1,000 crore into the JV entity. The duo…
Other Private Equity/Strategic Investments
Tata Sons has approached global investors to raise an estimated USD 2-2.5 billion for its digital business, even as the group prepares for a pilot launch of its super app in Bengaluru in September. The group is likely…
Fund News
Mumbai-based India Quotient, a seed-to-early-stage venture capital firm, has made the first close of its fourth fund at USD 64 million from domestic investors, including leading family offices. Flipkart co-founder…
Angel Investments
Bengaluru-based employee benefits and insurtech platform PazCare has raised funding from angel investors and entrepreneurs including Ashish Hemrajani (founder and CEO, BookMyShow), Parikshit Dar (co-founder and…
Angel Investments
Noida-based agritech startup Superplum has raised USD 3.8 million (about INR 28 crore) in a pre-Series A round of funding. It will use the fresh funds to build its farm infrastructure, augment the management team and…
