Fund News
Early-stage venture capital firm 8i Ventures - which is focused on fintech and commerce sectors. - has raised USD 25 million as the first close of its USD 50 million second fund. The second fund received participation…
VC Fund Investments
Homegrown multiplayer cricket gaming startup Hitwicket has raised USD 3 million from Prime Venture Partners. The startup will use the new funding to create a strategy-driven gaming studio and to scale up features…
VC Fund Investments
Mumbai-based residential solar company SolarSquare has raised INR 100 crore (USD 12 million) in its Series A round led by Elevation Capital with participation from Silicon Valley-based Chris Sacca promoted climate-tech…
PE Fund Investments
Pune-based electric vehicle powertrain solutions company Electra EV has raised about USD 25 million from GEF Capital Partners (via GEF South Asia Growth Fund II) for a minority stake. Electra EV will utilize the…
PE-RE Fund Investments
Singapore's sovereign wealth fund GIC and Asia-pacific focused real estate services and investment company ESR have created a new USD 600 million joint venture to acquire income-producing core industrial and logistics…
Other Private Equity/Strategic Investments
AirAsia Aviation Group has sold the remaining 16.33% equity shares in no-frills carrier AirAsia (India) to Air India, which is now owned by the Tatas. Tata Sons owns 83.67% of the and the rest is held by AirAsia…
VC Fund Investments
Gurugram-based commercial electric mobility tech platform MoEVing has raised USD 2.5 million led by JSW Ventures. This is the maiden investment by JSW Ventures in the electric vehicle space. Founded by Vikash Mishra…
VC Fund Investments
Bengaluru-based edtech upskilling startup AlmaBetter has raised USD 2.7 million in its seed funding round led by Kalaari Capital. Over 15 angel investors including Vidit Aatrey and Sanjeev Kumar from Meesho, Rajesh…
PE Fund Investments
Noida-based Shivalik Small Finance Bank has raised INR 111 crore from Accel IndIa and Quona Capital as well as Bharti AXA Life Insurance. The bank, which transitioned from an urban cooperative bank, has over 5.6 lakh…
PE Fund Investments
Cashback and coupons platform CashKaro has raised INR 130 crore in a funding round led by Singapore-based Affle Global Pte Ltd (AGPL), a fully-owned subsidiary of Affle Holdings Pte Ltd (AHPL). This investment for a…
