Several startups bankrolled by angel funds have been asked by the income tax (I-T) department in the past few months to share details of the ultimate investors in the funds. Angel funds have to comply with easier rules…
Eight social enterprises have been selected as part of the first cohort of the Yash Entrepreneurs Programme, anchored by the US Agency for International Development, and led by Jhpiego, a non-profit global health…
Bollywood actor Dia Mirza has invested in eco-friendly children's clothing company Greendigo Organic Clothing. The actor will also serve as the brand's ambassador. Greendigo Organic Clothing, founded in 2019 by Meghna…
Bengaluru-based D2C personal care products startup NaturePro has raised INR 50 lakh in its seed round. Srikumar Misra and Rashima Misra, co-founders of Milk Mantra, and Srinivas Baratam, MD of Stakeboat…
Blockchain-based data exchange platform VeriSmart has acquired Delhi-based conversational AI platform, DolphinChat (formerly CivilCops). VeriSmart will invest USD 4 million in the DolphinChat platform over the next 24…
InvestCorp Group has sold shares of publicly listed luggage maker Safari Industries Ltd. worth INR 76.49 crore. Post the latest sale, the investor would hold a 3.44% stake in the company.
KinderPass, a behavioural health platform for children, has raised USD 500,000 in pre-seed funding from Goodwater Capital, Momentum VC, Better Capital, SuperMorpheus and Rebalance Angel Community. The startup offers an…
Gurugram-based mental and emotional healthcare startup Lissun has raised USD 1 million in a pre-seed round led by IvyCap Ventures. We Founder Circle, Supermorpheous, Gaurav Munjal, Harsh Jain, Sandeep Aggarwal, Pavan…
UnScript.ai, a Bengaluru-based platform for customised synthetic videos, has raised USD 1.25 million in a funding round led by Exfinity Venture Partners with participation from Stellaris Venture Partners. Angel…
New York Life Insurance Co (NYLIM India) is to invest INR 196 crore for a 49% equity stake in a commercial project of Max Estates in Noida. The land spread across 4 acres in Sector 129 was acquired by Max Estates, the…