Fund News
NIIF's MD & CEO Sujoy Bose to quit: report
Sujoy Bose, the managing director and chief executive officer of the National Investment and Infrastructure Fund (NIIF), has reportedly decided to move on.
Private Equity
Fund News
Warburg Pincus to launch $2-B India-specific fund: report
Global PE investor Warburg Pincus is reportedly launching an India-specific USD 2.5 Billion fund that will focus on new-age businesses in the startup space.
Fund News
StartupXseed's Fund II hits final close at Rs.243-Cr
StartupXseed Ventures, a seed-stage B2B venture capital firm has made the final close of its Fund II at INR 243 crore. The typical first cheque size of the new fund will be between INR 5-12 crore. StartupXseed is…
Incubation/Acceleration
Provider of APIs for language AI models NeuralSpace raises $2.8 M from Techstars
NeuralSpace, an India- and UK-based software-as-a-service (SaaS) platform that offers developers a suite of APIs for language AI models in more than 100 languages, has received a USD 2.8 million seed investment from…
Angel Investments
Smart parking enabler ParkMate raises seed round led by We Founder Circle
Delhi-based ParkMate, a smart parking solution startup, has raised a seed round of funding led by We Founder Circle (WFC). The funding was facilitated through EvolveX, the accelerator programme of WFC. The firm plans…
Angel Investments
Financial planning app for millennials MoneyPlanned raises Rs.2.5 Cr led by IPV
Bengaluru-based fintech platform MoneyPlanned has raised over INR 2.5 crore in a seed funding round led by Inflection Point Ventures. The round also saw participation from Expert Dojo, an early-stage startup…
VC Fund Investments
Machine learning enabler for SMBs TrueFoundry raises $2.3 M led by Sequoia India, Surge
San Francisco, CA (USA)-based machine learning startup TrueFoundry has raised USD 2.3 million in a seed fund round led by Sequoia Capital India's Surge. AngelList co-founder Naval Ravikant and Eniac Ventures also…
PE Fund Investments
Insurtech startup Zopper raises $75-M from Creagis, ICICI Venture, Bessemer, others
Noida-based Solvy Tech Solutions, which runs insurtech platform Zopper, had raised USD 75 million in a Series C funding round led by Creaegis, with participation from ICICI Venture, Bessemer and existing investor Blume…
Other Private Equity/Strategic Investments
EV-battery platform Log9 raises $9.65 M from Amara Raja Batteries
Bengaluru-based electric vehicle-focused advanced battery platform Log9 Materials has raised USD 9.65 million from publicly listed Amara Raja Batteries. This is the second round led by Tirupati-based batteries…
Angel Investments
Salon management SaaS platform Dingg raises Rs 3.5 Cr
Pune-based salon management SaaS platform Dingg has raised INR 3.5 crore in Pre-Series A round of funding led by BIG Sun Ventures. Other investors who prticipated in the round include Samir Srivastav (CEO of Jean…