Infrastructure focused Private Equity firm I Squared Capital has invested USD 100 million (INR 826.55 crore) in Jaipur-based smart metering firm Gram Power (India) Pvt Ltd, picking up a controlling stake. The fresh…
Treebo Hotel's co-founder, Rahul Chaudhary has joined venture capital fund Matrix Partners India as a Partner. In 2021, he stepped down from Treebo's co-founder role but continued to be an advisor and board member.
Boston, US-based Taurus Investment Holdings and its partner Sage Capital are planning to raise INR 500 crore in domestic funds to invest in the real estate sector in India through the alternative investment fund (AIF)…
Regtech SaaS product firm Inkle has raised USD 1.5 million. Picus Capital, Saison Capital and Force Ventures participated in the funding round. Bengaluru- and Delaware (US)-based Inkle helps US companies created by…
FireCompass, a Bengaluru and Boston -based SaaS startup working on automating 'Red Teaming', has raised USD 7 million led by Silicon Valley-based Cervin and Athera Venture Partners (previously Inventus Capital), along…
Bike Bazaar (formerly WheelsEMI), a Pune-headquartered platform to buy and sell two-wheeler vehicles, has raised USD 10 million from Germany-based development finance institution DEG. With the funding, the firm closed…
Publicly listed JK Tyre is raising INR 240 crore from International Finance Corporation (IFC). The company would issue 24,000 compulsorily convertible debentures to IFC by way of a preferential issue on a private…
The Securities and Exchange Board of India (Sebi) has proposed steps to stop the mis-selling in the alternative investment fund (AIF) industry. The capital markets regulator has proposed mandating service providers to…
Capital market regulator the Securities and Exchange Board of India (Sebi) has proposed to allow alternate investment funds (AIFs) to carry forward the unliquidated investments of a scheme beyond their tenure period…
Edtech startup Bversity has raised INR 1.5 crore in a seed round led by Native Angel Network and Kissflow founder and CEO Suresh Sambandam. Other investors in the round include Nagaraja Prakasam (chairman, NAN), Andi…