VC Fund Investments
Wipro Consumer Care Ventures has picked up an additional stake in Chandigarh-based personal care company LetsShave. Following the latest funding round, Wipro and South Korea-based Dorco, one of the largest razor…
Fund News
M&G Investments (Singapore) Pte Ltd (M&G) has invested USD 75 million in Vivriti India Retail Asset Fund (VIRAF) – Series 3 IFSC LLP, which is domiciled in GIFT City. TT&A advised M&G Investments (Singapore) Pte Ltd…
Fund News
Silicon Valley-based Tribe Capital plans to launch an India-dedicated fund with a corpus of USD 250 million. The fresh pool of capital for India will be separate from Tribe's global fund, which has already backed…
Angel Investments
Bollywood actor Tiger Shroff has invested in Mumbai-based Revenant Esports.
VC Fund Investments
Bengaluru-based LaundryMate.in, an online laundry services brand founded by BigBasket co-founder Abhinay Choudhari, has raised USD 6.25 million in a pre-Series A funding round from Blume Founders Fund, high net worth…
PE Fund Investments
Sanaka Capital has invested in Chennai-headquartered Congruent Solutions Pvt Ltd. Veda Corporate Advisors was the exclusive financial advisor to the company and its promoters. Congruent, with a subsidiary in the US, is…
Liquidity Events
China-based Tencent has sold a 2.09% stake in publicly-listed PB Fintech Ltd (which owns insurtech service PolicyBazaar) realizing 561.83 crore. Post the sale, Tencent would hold a 6.28% stake in the company.
VC Fund Investments
Swiggy's outgoing chief technology officer (CTO) Dale Vaz has raised USD 7-10 million from Accel and Elevation Capital for his yet-to-be-named wealthtech startup which is currently in stealth mode. Vaz resigned from…
PE Fund Investments
Goldman Sachs has sold a loan portfolio of INR 1,100 crore to Edelweiss Alternatives for INR 650 crore. The portfolio had loans of the realty firm Vatika Group and paper maker Ballarpur Industries. Vatika has missed…
Other Private Equity/Strategic Investments
US-headquartered logistics MNC FedEx has invested in Mad Street Den (MSD), a Chennai-based computer vision and Artificial Intelligence (AI) company. MSD's platform enables marketing, product and technology teams to…
