Fund News
Mumbai-based Bay Capital Investment Advisors has launched its first alternative investment fund (AIF) called Bay Capital India Leaders Fund. The fund will invest in a diversified portfolio of about 30 businesses. The…
Fund News
Kotak Investment Advisors Ltd (KIAL) has deferred its Fund-of-Funds (FoF) that was launched last year to invest primarily in private equity (PE) and venture capital (VC) funds. KIAL has begun conversations with limited…
Other Private Equity/Strategic Investments
Mumbai-based digital media investment platform Bodhi Tree Systems has attracted INR 1,600 crore investment from US-based Comcast Corporation.
Incubation/Acceleration
Mumbai-based accelerator 9Unicorns has backed 5 fintech startups operating across lendingtech, investment tech, legaltech, and proptech. These are: Vested Finance: a cross-border investment tech platform. The…
Incubation/Acceleration
Telangana-based incubator T-Hub has joined hands with the Atal Incubation Centre (AIC) to select 20 startups for its automotive industry-focused three-month programme that aims to provide startups with mentoring…
Angel Investments
Navi Mumbai-headquartered e-commerce firm Direct2U has raised INR 1.8 crore in a seed round led by Inflection Point Ventures (IPV). The funds will be used for technology development, hiring, marketing and expansion…
Angel Investments
Polka Pop, a Chennai-headquartered flavored sparkling water brand, has raised funds in a pre-seed round led by Atishe Chordia, founder of Doodleblue Innovations. The funding round included Parasar Sarma, a former…
Angel Investments
Delhi-based Proost Beer has raised INR 8.5 crore in a funding round led by Mumbai Angels, Hyderabad Angels, Speed Fund, GetVantage, Finvolve and other angel investors. Existing investors Dauble PTE and Dev Punj also…
VC Fund Investments
Cyfirma, a Singapore- and Bangalore-headquartered external threat landscape management company, has raised USD 5.5 million in a pre-Series B round of funding led by Israeli venture fund OurCrowd and L&T Innovation…
VC Fund Investments
Mumbai-headquartered luxury fashion house Purple Style Labs has raised USD 14 million (about INR 114.5 crore) in a Series C funding round led by ValueQuest, ScaleFund, Singularity Growth Opportunities Fund I, ValPro…
