Fund News
Rajiv Dhar will be the interim CEO and managing director of National Investment and Infrastructure Fund (NIIF) starting Thursday. He succeeds Sujoy Bose who is leaving after holding the position since 2016. Dhar is…
Other Private Equity/Strategic Investments
Mumbai-headquartered cryptocurrency startup Aqex Technologies India has raised USD 7.5 million (about INR 61 crore) from publicly listed Hindustan Media Ventures Ltd (HMVL) in a pre-Series A funding round. Aqex plans…
Angel Investments
Ahmedabad-headquartered SaaS platform Shipturtle has raised INR 3.5 crore in a seed round of funding led by Inflection Point Ventures. The funds will be used to strengthen technology and expand customer reach globally…
Angel Investments
Bengaluru-headquartered D2C (direct-to-consumer) snack brand TagZ Foods has raised USD 2 million in a pre-Series A funding round from 9Unicorns, Dexter Angels, Agility Ventures, Venture Catalysts, Klub, Indifi and…
Angel Investments
Ahmedabad-headquartered drone technology company Enercomp has closed its latest funding round of USD 325,000 led by angels from ah! Ventures Angel Platform, Bestvantage Investments, and Soonicorn. The startup will use…
Liquidity Events
SoftBank has sold a 2.07% stake in publicly-listed One97 Communications Ltd (which owns fintech brand PayTM) between Feb 10, 2023 and May 8, 2023. The sales aggregate to INR 984 crore. Post the sale, SoftBank holds a…
VC Fund Investments
Bengaluru-headquartered IoT (Internet of Things) test automation platform provider Doppelio has raised USD 1.2 million in a pre-Series A round from Axilor Ventures and Mela Ventures. The funds will be used in the…
Other Private Equity/Strategic Investments
Microsoft is to make an equity investment in Builder.ai, the Delhi-based AI powered next generation composable software development platform. Established in 2016, Builder.ai's platform allows anyone with an idea to…
VC Fund Investments
Soptle, a New Delhi-based SaaS-led B2B marketplace for FMCG manufacturers and retailers, has raised USD 1 million led by existing investor Kube VC and We Founder Circle with participation from Iceland Venture Studio…
VC Fund Investments
Delhi-based global escrow banking platform Castler has raised USD 5 million in a pre-Series A round led by Capital 2B (an Info Edge fund) and IIFL Fintech Fund. Stride Ventures and Piper Serica also participated in the…
