PE Fund Investments
Apax Funds is to acquire Blackstone's significant minority stake Thiruvananthapuram-headquartered in travel and logistics SaaS business IBS Software for approximately USD 450 million. IBS Software's founder and…
Fund News
B2B (business-to-business) wealth management firm Finvolve will launch its first sector-agnostic category-1 angel fund aiming for a corpus of INR 100 crore. The fund will aim to invest about USD 1 million on average…
Angel Investments
Earkart, a Noida-headquartered healthcare technology company providing diagnosis and remote management of hearing aids, has raised a pre-Series A funding round led by Agility Ventures. The round also saw participation…
Angel Investments
Ashnni Motors, a Pune-based electric vehicle startup, has raised USD 244,000 (INR 2 crore) in a pre-seed round from WealthTrust Capital Services. Pushpak Ranka, Dawson Menezes, Sneha Jain, and Alisha Poonawalla Menezes…
Liquidity Events
Ahmedabad-headquartered, publicly-listed realty developer Ganesh Housing Corporation Ltd (GHCL) has bought out 31% stake in its subsidiary, Gatil Properties, from PE investor Monsoon Capital, which had invested via its…
VC Fund Investments
Bengaluru-headquartered Instaminutes, the creator of the eponymous AI-powered meeting tool that summarizes meetings, has raised USD 500,000 in a seed round from India Quotient. Instaminutes aims to bridge the time…
VC Fund Investments
Sequoia Capital India has invested USD 3 million in Chennai-headquartered InCore Semiconductors. InCore Semiconductors is building RISC-V processor cores, enabling companies to build semiconductor solutions. Earlier…
PE Fund Investments
Apparel company Provogue is being acquired by investment firm Plutus for under INR 100 crore. The company is being acquired as a going concern after NCLT ordered its liquidation way back in October 2019. Protracted…
PE Fund Investments
Macquarie Capital has acquired a majority stake in Mumbai-headquartered Excel Telesonic India Pvt Ltd, which operates network service provider CloudExtel, for USD 100 million. Founded in 2015, CloudExtel is a unit of…
Liquidity Events
Global private equity firm KKR has sold Virescent ReneÂwable Energy Trust (VRET), India's only renewable energy (RE) Infrastructure InvesÂtment Trust (InvIT), to publicly listed India Grid Trust (IndiGrid, in which…
