Chennai-headquartered Tl Clean Mobility Pvt Ltd (TICMPL), a wholly-owned subsidiary of publicly listed Tube investments of India Ltd (TlIL), is to raise INR 1,200 crore from Multiples PE (via Multiples Private Equity…
In its endeavour to give a boost to the startup ecosystem in the state, the Uttar Pradesh government has announced a slew of sops in its Budget 2023-24. The government has earmarked INR 100 crore to provide seed…
AP Moller Capital partner Dhruv Narain is to lead the firm's new office in Singapore which will oversee its investment programme in the South and SouthEast Asia. The firm aims to commit over USD 750 million in capital…
Baring Private Equity India Investment Manager LLP has settled with capital markets regulator Securities and Exchange Board of India (Sebi) a case pertaining to the alleged flouting of AIF (alternative investment fund)…
Sneakers marketplace DawnTown has raised USD 500,000 from Sujit Jain, Managing Director, Netsurf Communications and Bollywood actor Sanjay Dutt. The investment will be used to set up a physical retail presence in India…
Bengaluru-based automated inventory planning startup Crest has raised USD 800,000 in its pre-seed funding round, led by IAN and IPV. Others who invested in the round included founders of Delhivery, Shiprocket, Pickrr…
Web3 gaming startup Kratos Studios has acquired Bengaluru-headquartered gaming venture IndiGG from Yield Guild Games through a token swap, an equity swap equivalent for decentralised autonomous organisations.
Tiger Global has sold a 1.70% stake in publicly-listed Delhivery Ltd for INR 414.24 crore. Post the sale, the investor would hold a 2.99% stake in the company.
Surat-headquartered startup TreZix, which helps digitise export and import processes, has raised USD 1.2 million in a seed funding round from Soha Ventures and angel investors. The funding also includes grants from the…
WestBridge Crossover Fund has invested over USD 200 million in Freshworks Inc through open market purchases over the past few months to acquire around 5.5% of the total outstanding shares and over 10% of the Class A…