Shardeum, a layer-1 EVM-based shared blockchain startup, co-founded by Nischal Shetty, has raised USD 18.28 million (around INR 150 crore) from 60 investors. The participants in the funding round include Jane Street…
Lenders to the debt-laden JBF Petrochemicals have issued a letter of intent (LoI) to publicly listed PSU natural gas firm GAIL, giving a go-ahead for the take over of the company through the insolvency process. Gail's…
Online-to-offline marketplace startup OhLocal has raised a pre-seed round for the second time from multiple investors, including Sunil Kumar Singhvi (JITO Angel Network), Harish Menon (co-founder of Alpha Wealth…
Hyderabad-headquartered HR-tech firm Workruit has raised over USD 500,000 in pre-Series A round led by the US-based Kantamaneni Family Office. The startup provides B2B and B2C solutions, including an AI-powered…
Publicly-listed value fashion retailer V-Mart Retail Ltd is to acquire LimeRoad.com, a 'freshness-first' discovery marketplace, for INR 31.12 crore in cash. As part of the deal, V-Mart is also acquiring assets worth…
Beams Fintech Fund has invested in the Series C round of Delhi-based Progcap, a supply chain finance company. Beams had invested alongside Google, Creation Investments, Tiger Global and Sequoia Capital India in this…
Purva Asset Management, a unit of realtor Puravankara, has invested INR 93 crore from its first alternative investment fund (AIF) in a plotted development project in Chennai, coming up in the southern city suburb of…
Mumbai-based fintech startup Snapmint has raised USD 21 million (INR 160 crore), in an equal mix of equity and debt from existing investors as well as institutional investors. The funding round was led by Prashasta…
Bengaluru-based electric scooter maker Ather Energy has raised INR 400.6 crore (USD 50 million) in a funding round led by existing investor Caladium Investment. Caladium has invested INR 400 crore while Herald Square…
Bengaluru-based edtech Unicorn Byju's has raised USD 250 million from existing investors, including Qatar Investment Authority (QIA), at a USD 22 billion valuation - the same valuation as its previous round. Byju's had…