Fund News
Real estate focused-advisory and investment firm Certus Capital plans to launch its first category-II alternative investment fund early next year. The fund will be credit-focused and look at an initial corpus of INR…
Fund News
Sandeep Nailwal, the founder of blockchain infrastructure provider Polygon, has launched a new crypto-focused venture capital firm along with Cere Network founder Kenzi Wang. The new fund, Symbolic Capital, has raised…
Fund News
Mortgage lender Housing Development Finance Corporation's two wholly-owned subsidiaries - HDFC Property Ventures and HDFC Venture Capital - would merge with another group subsidiary HDFC Capital Advisors. The combined…
Other Private Equity/Strategic Investments
Bengaluru-based 3ev, which producers customised EVs, has attracted USD 4 million from Credence, a startup for education loans.
Incubation/Acceleration
Gruhas Aspire, an accelerator focused on proptech startups, has announced its inaugural cohort. The startups include: Modcave: manufactures prefabricated, modular, temporary shelters that can be deployed anywhere…
Angel Investments
Five startups received INR 4.6 crore via a funding event organised by Jito Angels Network group. MHE Guru, which operates a marketplace for maintenance for heavy earthmoving equipment, attracted INR 1 crore.Bodhi AI, a…
Angel Investments
Chennai-based Cutis Consumer Pvt Ltd - which operates D2C brands like Razor Club and Pro Nutrine - has received USD 100,000 from ah! Ventures angel platform and other investors. Founded by Navarun Bhattacharjee, Cutis'…
Angel Investments
Freeskout, a New Delhi-based startup which connects brands and social media influencers, has raised INR 4 crore in a seed funding round. In 2020, Shashank Sherawat with a team of 5 members founded Freeskout. The firm…
Liquidity Events
New Silk Route has sold its balance shares in publicly-listed auto components firm Rolex Rings Ltd realising INR 580.50 crore. The sale fetched NSR a 7.71x return on its over 12-year old investment.
Liquidity Events
Venture Capital firm Sequoia Capital India has reduced its shareholding in listed food delivery company Zomato to 4.4 % from 6.41 % earlier. Sequoia Capital India Growth Investment Holdings I and SCI Growth Investments…
