Fund News
Adar Poonawalla, chief executive of Serum Institute of India, has sought regulatory approval to establish the Poonawalla Vision Fund to invest in growth-stage companies from its corpus of INR 1,000 crore contributed by…
Angel Investments
Mumbai-based agritech startup Grow Indigo - that is focused on reducing the carbon emissions generated via agricultural activities - has raised over USD 6 million with participation from angel investors and its…
Liquidity Events
Lighthouse Funds has sold its residual 3.54% stake in publicly listed Stylam Industries Ltd. harvesting INR 68.07 crore. The over 5.5-year-old investment in fetched Lighthouse a 3.2x return.
Liquidity Events
British International Investment (BII), formerly CDC Group, has sold its entire 14.45% stake in publicly listed Rainbow Children's Medicare Limited fetching INR 1,078.49 crore. The sale of the 9-year-old investment…
VC Fund Investments
Bangalore-based marketing technology startup Punt Partners has raised its first round of capital from Point OneCapital, Namma Capital and Real Time Angel Fund, along with creative agency Talented. A slew of angel…
VC Fund Investments
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised USD 3.5 million led by Emergent Ventures with participation from existing investors YourNest…
VC Fund Investments
Bengaluru-based fashion tech startup Virgio has topped up its Series A funding round, taking the total fund raise to USD 37 million. The funding round was co-led by Prosus Ventures, Accel India and Alpha Wave Global…
PE-RE Fund Investments
IIFL Home Finance has invested over INR 50 crore - through senior-secured debt - in realtor EON Group's affordable housing township project Riverwood Park on Kalyan-Shil Road in Thane, near Mumbai. The investment will…
PE Fund Investments
IIFL Private Equity has invested as part of the INR 675 crore raised by mutual fund registrar & transfer agency KFin Technologies from anchor investors as part of its initial public offering (IPO). Other anchor…
PE Fund Investments
Edelweiss Private Equity-promoted "Infrastructure Yield Plus II" fund is to acquire a 100% stake in L&T Infrastructure Development Projects Limited (L&T IDPL) at an enterprise value of INR 6,000 crore. The L&T IDPL…
