Other Private Equity/Strategic Investments
Saudi Agricultural Livestock and Investment Co. (SALIC) is to acquire a 9.22% equity stake in publicly listed basmati rice exporter LT Foods through a primary and secondary investment of INR 455.5 crore. LT Foods will…
Angel Investments
Bengaluru-based Automovill, a mobility solution provider, has raised INR 2.15 crore in a pre-Series A round led by Inflection Point Ventures. The funds will primarily be used for capital expenditure. This will include…
Angel Investments
Goa- and USA-based IoT-based physical access control and smart buildings startup Spintly has raised USD 2.5 million in a pre-Series A funding round from Lets Venture, Accel Nest, SucSEED Indovation, RiSo Capital…
Angel Investments
Chennai-based drone startup Garuda Aerospace has attracted USD 5 million from a large infra development company and high networth individuals (HNIs) from India, the UAE, and Singapore. Founded by Agnishwar…
Liquidity Events
Delhi-NCR based out-of-hospital care provider HCAH (formerly known as Health care at Home) has acquired online store Seniority from RPG Group, at a valuation of INR 100 crore. HCAH plans to integrate its existing…
Liquidity Events
Lighthouse has sold shares of publicly listed FSN E-Commerce Ventures Ltd (which owns beauty products retail brand Nykaa) worth INR 166.41 crore. Post the sale, the investor would hold 1.70% stake in the company.
VC Fund Investments
Bengaluru-based consumer hardware startup Up (previously React Labs) has raised USD 1.3 million in a pre-seed round with participation from Rainmatter Capital alongside the co-founders of Ather Energy, Unacademy…
VC Fund Investments
Mumbai-based fintech startup Bold Finance has raised USD 1.5 million in a seed round led by Kae Capital, with participation from existing investor Antler India and several angel investors, including Nitin Gupta…
PE Fund Investments
Adani Power Ltd (APL) is selling its entire 100% equity stake in Support Properties Private Ltd (SPPL) to group firm AdaniConnex Private Ltd (ACX) at an enterprise value of INR 1,556.5 crore. ACX is a 50:50 joint…
Fund News
Pi Ventures, which backs early-stage deeptech firms, had attracted USD 8 million from British International Investment (BII), the UK-based development financial institution, for its new fund. In the first closing…
