Angel Investments
Sheerdrive, a Mumbai-based digital platform specialising in pre-owned vehicles, has raised funding from Inflection Point Ventures (IPV). Existing investors in the company, set up in 2020, include Prajit Nanu (CEO of…
Liquidity Events
Sixth Sense Ventures, via Sixth Sense India Opportunities II, has sold 89,230 equity shares (0.08% stake) at INR 561.64 per share of publicly-listed Hindustan Foods Ltd (manufacturer of 'Kurkure' snack) in June 2023…
Liquidity Events
Infollion Research Services stock debuted on the NSE Emerge platform with shares getting listed at INR 209, a premium of 155% as compared to its issue price of INR 82. The public offer of the company was subscribed 279…
VC Fund Investments
Mumbai-based early childhood education startup Raising Superstars has raised USD 2 million in a pre-Series A round from BLinC. The company will use the funds to strengthen the management team, increase global presence…
PE Fund Investments
Private Equity firm Bain Capital has acquired Porus Labs, a Hyderabad-based manufacturer of agricultural and specialty chemicals, at a reported enterprise valuation of INR 2,400 crore. Founded in 1994, Porus Labs…
Fund News
Investment platform AWE Funds has secured commitment for USD 15 million for the first close of its maiden fund in India. AWE Funds is targeting an overal lfund corpus of USD 45 million with a green-shoe option of an…
Other Private Equity/Strategic Investments
Publicly listed Tata Group company Nelco Ltd, has picked up a 9.09% stake in Mumbai-based satellite network software provider, Piscis Networks for INR 1 crore, translating to 1,111 equity shares in the company. Nelco…
Other Private Equity/Strategic Investments
Gentari Sdn Bhd, a subsidiary of Petroliam Nasional Bhd, Malaysia's state-run oil and gas company, will acquire a 49% equity stake in NASDAQ-listed ReNew Energy Global PLC's 403 megawatt (MW) peak power project. As a…
Liquidity Events
Sixth Sense Ventures, via Sixth Sense India Opportunities 11, has sold 100,000 equity shares (0.85% stake) at INR 222.18 per share of publicly-listed AVG Logistics Ltd on Jun 7, 2023 through a bulk deal on the NSE. The…
Liquidity Events
Cash flow management platform CredFlow has acquired the Delhi-based, Y Combinator-backed startup TechBiz in an all-cash deal. Founded by IIT graduates Pratyush Sharma and Vikramaditya Patil, TechBiz helps SMEs track…
