PE Fund Investments
PayU, the Indian unit of South Africa-headquartered Prosus-Naspers group, has called off its USD 4.7 Billion acquisition of Mumbai-based digital payments provider BillDesk. While the Competition Commission of India…
Fund News
Motilal Oswal PE (MOPE), a part of the Motilal Oswal Financial Services Ltd (MOFSL) group, has raised INR 4,500 crore for its India Business Excellence Fund IV (IBEF IV) from domestic high net worth individuals (HNIs)…
Angel Investments
Mumbai Angels Network (MAN) and FAAD Network have invested in Sugar Watchers, an FMCG brand aimed at managing diabetes and obesity. Founded by Treman Singh Ahluwalia, Sugar Watchers offers low Glycemic Index (GI)…
VC Fund Investments
Gurugram-based Thevasa, a design-led omnichannel handcrafted homeware & apparel startup, has raised its first round of external investment led by Singapore-based venture capital fund, M Venture Partners (MVP). The…
PE Fund Investments
Adda247 has attracted INR 38.86 crore from Google as a new investor to close the Gurugram-based test prep firm's USD 35 million Series B round led by WestBridge Capital with participation from Info Edge, Asha Impact…
Fund News
Elev8 Venture Partners has launched a USD 200 million AIF Category II fund. The maiden fund intends to invest in growth-stage, technology-driven companies with a ticket size of USD 5-15 million. Elev8 - which is…
Liquidity Events
IT Services major HCL has acquired a majority stake in vernacular edtech platform GUVI. The IIT-Madras and CIIE (IIM-Ahmedabad) incubated startup offers technical courses such as web development, AI module, SQL and…
VC Fund Investments
Noida-based sustainable kidswear brand Kidbea has raised pre-seed funding from Agility Ventures and some individual co-investors. Nandi Mehta, CFO of Kaaf Funds; Tapas Sahu, chairman, CII in Jharkhand; Divij Bajaj…
VC Fund Investments
Bengaluru-based 3D reconstruction startup Preimage has raised INR 14 crore (USD 1.7 million) in a seed round led by pi Ventures. The round also saw participation from Better Capital, Java Capital, and angel investors…
PE Fund Investments
Two-wheeler maker Hero MotoCorp is to invest USD 60 million in Zero Motorcycles, a California (USA)-based manufacturer of premium electric motorcycles and powertrains. The collaboration will focus on co-developing…
