Liquidity Events
Publicly listed Mahanagar Gas (MGL) has acquired fellow Mumbai-based Unison Enviro Private Limited (UEPL), an entity backed by North Haven, an unit of Morgan Stanley India Infra Fund. MGL will take 100% stake in UEPL…
PE Fund Investments
Chennai-based software-as-a-service (SaaS) fintech platform Growfin has raised USD 7.5 million in Series A funding led by Singapore-based venture capital firm SWC Global. The Series A round also saw participation from…
PE Fund Investments
Mumbai-headquartered supply chain financing platform Mintifi has raised USD 110 million in a fresh round of funding led by Premji Invest, with participation also from existing investors Norwest Venture Partners…
Fund News
Off Duty, a Mumbai-based fashion brand in jeans and trousers, has raised INR 4 crore from revenue-based financier Velocity.in. Madina Khan and Shahbaaz Khan founded Off Duty in 2019. Off Duty's core products include…
Incubation/Acceleration
IIM Kashipur's Foundation for Innovation and Entrepreneurship Development (FIED) has facilitated INR 5 crore funding for 15 agri startups at Uttishtha 2023, its annual entrepreneurship summit. Some of the IIM Kashipur…
Angel Investments
Dealbasket-Mitra, a Gurgaon-based D2C food & groceries brand (operated by Nishpra Community Solutions Pvt Ltd) targeting Tier II cities and towns, has raised a seed round via the Bestvantage Investments platform. It…
Angel Investments
Funngro, a Mumbai-based platform that provides freelancing projects for teenagers, has attracted INR 50 lakh via the Shark Tank India reality TV show in exchange for an about 4% equity. The startup received INR 25 lakh…
Social VC Investments
Mumbai-based Svasti Microfinance Pvt Ltd has received USD 5 million through non-convertible debentures (NCDs) from Singapore-based Impact Investment Exchange (IIX). The proceeds of the 4-year NCDs will go toward…
Liquidity Events
Japanese marketing tech firm Geniee, an existing stakeholder and part of the SoftBank Group, has paid about USD 70 million in cash to acquire Delhi-headquartered revenue optimization platform Zelto (formerly AdPushup)…
PE Fund Investments
Goldman Sachs is set to sell its remaining 14% stake in ReNew Energy Global - the Nasdaq-listed parent of India-focused ReNew Power - to Canada Pension Plan Investment Board (CPPIB) for about USD 268 million. After the…
