Fund News
Multiple Indian funds have urgently petitioned the Securities and Exchange Board of India (Sebi) to ease the overseas investment cap for Alternative Investment Funds (AIF) to avoid missing out on deals. Investors…
Angel Investments
Kolkata-based edtech platform Gurusiksha has raised INR 50 lakh in a pre-series round from angel investors. Gurusiksha will use the funds for business expansion, additional course offerings and strengthening other…
VC Fund Investments
Kerala-based proptech startup BuildNext has raised USD 3.5 million (about INR 27.7 crore) in a pre-Series A round led by publicly listed adhesives maker Pidilite Industries, via its wholly-owned subsidiary Madhumala…
PE Fund Investments
Payments-focused fintech startup Innoviti has closed its Series D round with an additional USD 25 million funding from investors led by Singapore-based Panthera Growth Partners. This takes the total Series D funding to…
PE Fund Investments
Insurtech venture InsuranceDekho has raised a funding round of USD 100 million. The Gurugram-headquartered insurance aggregator is a part of Jaipur-based GirnarSoft that also owns CarDekho - an…
PE Fund Investments
Publicly listed Vedanta Limited is to acquire 100% stake in Athena Chhattisgarh Power Limited - a Chhattisgarh coal-based power producer that is under the liquidation process - for INR 564.67 crore. The acquisition is…
Fund News
Gujarat-based venture capital firm Gujarat Venture Finance Ltd (GVFL) has announced the first close at INR 185 crore for its ninth fund, which has a corpus of INR 500 crore. The Category-II Alternate Investment Fund…
Other Private Equity/Strategic Investments
Online movie ticketing and events platform Bookmyshow (BMS) has invested around INR 10 crore in Bengaluru-headquartered Popclub, a direct-to-consumer (D2C) marketplace. Founded by The Label Life founder Preeta…
Other Private Equity/Strategic Investments
TruBoard Partners, a Mumbai-based asset monitoring and loan collections platform, has raised USD 2.7 million. The startup plans to use the capital to strengthen its delivery model, and increase its footprint across 40…
Angel Investments
Thyroid treatment app Jeevam Health has raised pre-seed funding from Dexter Angels, Good Water Capital, Cloud Capital, and others. Delhi-based Jeevam Health provides quality care to manage thyroid disease by…
