Incubation/Acceleration
Tadpole Projects, a startup that does EV retrofitting, which adds a lifespan of 5-7 years to cars by converting them to electri,c has been incubated at IIT Delhi. Founded in 2020 by Jawaad Khan, Tadpole Projects has to…
Angel Investments
San Francisco, CA (USA)-based Carapace platform, which connects buyers and sellers of protection against default risk for under-collateralized DeFi (decentralized finance) loans, has raised USD 2.5 million in pre-seed…
Liquidity Events
AUM Biosciences, a clinical-stage biotechnology company headquartered in Singapore, promoted by non-resident Indian (NRI) entrepreneur Vivek Doshi, is going public through a merger with Mountain Crest Acquisition Corp…
VC Fund Investments
Bengaluru-based Gold Setu Pvt Ltd, a mobile-first micro SaaS platform for jewellery retailers, has raised USD 1.2 million in a seed funding round led by Village Global, Better Capital, Titan Capital, iSeed and Anjali…
VC Fund Investments
Tring, a Mumbai-based celebrity engagement platform, has raised USD 5 million in a Pre-Series A round led by Kalaari Capital, which invested USD 2 million. The round also saw participation from Blume Founders…
VC Fund Investments
Delhi-based electric vehicle financing platform Revfin has raised USD 10 million (over INR 80 crore) in a Series A round from Green Frontier Capital (lead investor), LC Nueva and other existing investors. The funding…
VC Fund Investments
Gurugram-based GlobalFair, a B2B building material supplier, has raised USD 20 million in a Series A funding round led by Lightspeed Ventures, with existing investors India Quotient and Saama Capital participating. The…
PE Fund Investments
Publicly listed IRB Infrastructure Developers-managed Ganga Expressway Project has raised equity capital of INR 261.29 crore from Singapore-based GIC (representing a 49% stake). The "Meerut Budaun Expressway, Ganga…
PE Fund Investments
Publicly-listed, Mumbai-based Lupin Ltd (via its 100% subsidiary Lupin Inc, USA), is to acquire two inhalation-based respiratory therapy brands - Brovana and Xopenex HFA - from the US-based Sunovion Pharmaceuticals…
Fund News
PAG-backed Edelweiss Wealth Management (EWM) has launched Edelweiss Crossover Yield Opportunities Fund (ECYOF), a venture debt fund, to raise INR 3,000 crore (around USD 361 million) including the green shoe option…
