Mumbai-based Generic Aadhaar has raised seed funding in return for a 10% stake from Japanese venture capital firm Beyond Next Ventures, at a valuation of INR 500 crore. Generic Aadhaar, founded by 19-year old Arjun…
Publicly-listed Yes Bank is to raise USD 1.1 Billion (about INR 8,900 crore) from global private equity investors Carlyle and Advent International, with each investor acquiring a 10% stake. Of the investment, USD 640…
A clutch of global private equity funds – Warburg Pincus, Goldman Sachs, Carlyle and Baring PE Asia – are in talks to invest USD 250-300 million for a significant minority stake in Quantiphi Analytics, a US- and…
Capital market regulator SEBI wants alternative investment fund (AIF) schemes of private equity (PE) and venture capital (VC) firms to be ring-fenced from each other so that any stress and liabilities in one pool of…
Bengaluru-based Artpark Foundation has launched a USD 100 million venture fund to invest in 10-15 early and growth-stage artificial intelligence and robotics startups. The fund will make its first closure by December…
Bengaluru-based contextual e-commerce platform The Nestery has raised over INR 6 crore in a pre-Series A round led by Inflection Point Ventures (IPV). The Nestery is marketplace that helps parents discover what to buy…
Lucro Plastecycle Pvt Ltd has raised additional capital from Circulate Capital, a Singapore-based investment firm that focuses on backing climate-tech firms. Based in Mumbai, Lucro specialises in recycling…
Bengaluru-based GetSupp has raised INR 9.5 crore in a seed round from General Catalyst and Better Capital. The round also saw participation from angel investors including NoBroker's Saurabh Garg, Curefoods…
ChattyBao, a Delhi-based ecommerce startup built on WhatsApp, has raised over USD 5 million in a seed funding round co-led by Vertex and Info Edge Ventures. It also saw participation from 7Square Ventures and…
Mumbai-based rural fintech startup Jai Kisan has raised INR 142 crore (USD 18 million) in a Series B round of funding. Existing backer Blume Ventures spearheaded this round with INR 31.20 crore while Mirae Asset…