Fund News
Sunil Gurbaxani, former MD & CEO of Thrissur-based Dhanlaxmi Bank, has joined 35 North Ventures, a sponsor to India Discovery Fund, India's largest Sebi-approved angel fund with a fund size of USD 100 million - as an…
Fund News
Venture Debt investor Alteria Capital has made a first close for its third fund at INR 1,000 crore. The fund will target to raise another INR 1,000 crore. The new fund will provide a range of speciality debt solutions…
Fund News
Avataar Venture Partners, which has backed unicorn software startups such as Amagi and Zenoti, has launched its Fund II with a target corpus of USD 350 million. The fund has made a first close with a little over 50% of…
Other Private Equity/Strategic Investments
Hyderabad-based electric two-wheeler startup Electriq has raised funding from Yamaha Motors' subsidiary Moto Business Service India (MBSI). MBSI has collaborated with Electriq to launch 1250 units of electric scooters…
Angel Investments
Thane-based D2C health food brand WickedGud has raised funds in a funding round led by Venture Catalysts. This investment comes in as an addendum to the USD 1 million seed round raised by WickedGud earlier this year in…
Angel Investments
Ahmedabad-based Terra Food Co (TFC), a multi-brand, cloud kitchen startup, has raised USD 1 million in seed funding led by Faad Network with participation from LetsVenture (LV), IPJ (Japanese Angel Network), Chennai…
Liquidity Events
Bengaluru-based car-sharing platform Zoomcar is to go public via a merger with blank-check firm Innovative International Acquisition Corp, a special purpose acquisition company. The merger implies a pro-forma…
PE Fund Investments
The Mumbai-bench of bankruptcy court National Company Law Tribunal (NCLT) has approved the resolution plan of the global steel firm ArcelorMittal's local subsidiary for debt-laden Uttam Galva Steels Ltd. The shares of…
Fund News
Foxhog Ventures Corp, a US-India venture capital fund, is in talks with GGV Capital to raise USD 63 million. It is also in talks with a Germany-based hedge fund to raise capital. Foxhog Ventures has invested in various…
Other Private Equity/Strategic Investments
Lotus Herbals has invested USD 200,000 in Delhi-based personal care and cosmetic brand, Better Beauty. The fresh funds will be used for marketing, R&D, and for increasing the brand's offline presence. Founded…
