Fund News
French cosmetics group L'Oréal is investing in Singapore-based venture capital firm DSG Consumer Partners IV, which targets consumer goods startups in Southeast Asia and India. The investment was made through…
Angel Investments
Bengaluru-based e-commerce platform Meolaa has raised a seed round led by Ranjan Pai of Manipal Education and Medical Group (MEMG Family Office). Founded in 2022 by Ishita Sawant, Meolaa offers a D2C sales platform for…
PE Fund Investments
Belagavi, Karnataka-based contract manufacturing company Aequs has attracted USD 27.5 million (about INR 225.50 crore) from Amicus Capital and existing investors. Ambit advised Aequs on the deal. Aequs has integrated…
PE Fund Investments
Brussels-based Verlinvest, an investment company founded by the families of beer maker AB-Inbev, has acquired a controlling stake in Hyderabad-headquartered fertility chain Ferty9 Fertility Center. Verlinvest has…
Other Private Equity/Strategic Investments
Coca-Cola India has acquired a 15% stake in Hashtag Loyalty which operates Thrive - a food-tech company that offers an online ordering platform for restaurants. Hashtag has raised the capital at a pre-money valuation…
Liquidity Events
Fairfax Holdings has sold a 1.40% stake in publicly-listed 360 One Wam Limited (earlier, IIFL Wealth Management) realising INR 209.86 crore.
VC Fund Investments
Bengaluru-based Contiinex, a conversational AI startup has raised USD 1 million in a pre-Series-A round from YourNest. Contiinex offers a Unified Communication as a Service (UCaaS) platform that helps orchestrate and…
PE Fund Investments
Bengaluru-headquartered vision AI startup SwitchOn has raised USD 4.2 million in its Series A round led by a Singapore-based fund, Axilor Ventures and Pi Ventures. Prominent angels such as Anuj Bihani and Laxmi Narayan…
PE Fund Investments
Private Equity investor Convergent Finance and Belgium-based Ackermans & van Haaren (AvH) have become co-promoters of publicly listed Camlin Fine Sciences Ltd (CFS), a specialty chemicals company headquartered in…
Fund News
Former Nokia India and Pepsico India chief Shiv Shivakumar, who was with the Aditya Birla Group most recently, has joined global private equity firm Advent International as its Operating Partner. He would be based in…
