PE Fund Investments
BluPine Energy, a renewable wind and solar power generation and storage business owned by UK-headquartered PE firm Actis, has acquired a 404 MW operating pan-India solar portfolio from the Atha Group. Kotak Investment…
Fund News
The Securities Exchange Board of India (Sebi) has halted alternative investment funds (AIFs) with a priority distribution model from accepting fresh commitments. A priority distribution model allows some investors to…
Fund News
Yatra Angel Network (YAN) Angel Fund has received approval from the Securities and Exchange Board of India (SEBI) to launch an INR 90-crore early-stage fintech-focused Alternative Investment Fund (AIF). The fund will…
Fund News
Mumbai-based early-stage venture capital firm Kae Capital has announced the final close of its third fund with a corpus of INR 767 crore (about USD 94 million), nearly double its USD 53 million second fund. The third…
Other Private Equity/Strategic Investments
Urban Company and Acko have invested INR 50 crore each in Bengaluru-based Vivish Technologies Pvt Ltd (which owns apartment complex management software service myGate) on Nov 14, 2022. The purchase constitutes 5.9%…
Incubation/Acceleration
Envoia Robotech Technologies Pvt Ltd has raised seed capital from Chitkara Innovation Incubator Foundation (CIIF) and Startup India. Founded by Akshay Ahuja, Envoia is setting up robotic labs in different schools…
Angel Investments
Mumbai-based Galgal Money, a fintech startup, has raised USD 1 million from multiple angel investors. Started in 2021 by Harsh Chhatrapati and Arun Iyer, Galgal Money is a neo-banking platform targeting the youth. The…
VC Fund Investments
Redbrick AI, a health-tech platform based in Ann Arbor, Michigan (USA), has raised USD 4.6 million in a funding round led by Sequoia Capital India and its Southeast Asia startup accelerator, Surge. The round also saw…
VC Fund Investments
Bengaluru-based social media app Koo has raised INR 51.08 crore (USD 6.3 million) in a new round co-led by Tiger Global and Accel Partners with the participation of Kalaari Capital, 3one4 Capital, and Dream Incubator…
VC Fund Investments
Indiagold, a Gurugram-based startup that offers gold loans, has attracted USD 10 million in an extended Series A round from existing investors including Alpha Wave, 3one4 Capital, PayU, and Leo Capital. Alpha Wave led…
