VC Fund Investments
Ahmedabad-based electric mobility startup Matter has raised USD 10 million (about INR 80 crore) in its latest round of funding from Capital 2B (a technology fund backed by Info Edge) and Climate Angels Fund. The new…
Fund News
Micro-finance firm Satya MicroCapital Ltd has raised USD 15 million led by existing Japan-based investor Gojo & Company Inc. Of this, USD 8 million would be in debt and USD 7 million in equity. Headquartered in New…
Fund News
Bhubaneswar-based micro-finance institution (NBFC-MFI) Annapurna Finance has raised USD 15 million (about INR 117 crore) from France-based Proparco in a Series A2 round. Annapurna Finance offers micro-credit loans…
PE Fund Investments
Publicly-listed food delivery company Zomato has acquired fellow Gurgaon-based instant grocery startup Blinkit, formerly known as Grofers, for about USD 578 million. Zomato will acquire 33,018 equity shares of Blink…
Fund News
Hyderabad-headquartered, publicly listed microfinance firm Spandana Sphoorty and its founder and former MD, Padmaja Reddy, have resolved their differences and decided to part ways on amicable terms. The development…
Fund News
The Kerala government has approved the setting up of an INR 250 crore venture capital fund to invest in startups in the state. The funds will be mobilised via a jointly sponsored trust of Kerala State Financial…
Fund News
Early-stage venture capital firm Fundamental VC has launched its maiden fund with a target corpus of USD 130 million. The sector-agnostic fund will invest in pre-seed and seed rounds across consumer internet…
Fund News
Consumer sector-focused mid-market private equity fund Oaks Asset Management has raised INR 1,000 crore towards the first close of its second fund. Indian family offices and ultra-high networth individuals contributed…
Angel Investments
Bengaluru-based modular and sustainable jewellery brand Toqn has raised USD 225,000 from investors. Toqn was founded to make low cost jewellery for women. The brand aims to use the funds to grow the team and product…
Angel Investments
Bengaluru-based Navanc Data Sciences has raised USD 300,000 in a seed round, which saw participation from Kunal Shah, founder of Cred; Chattanathan D, founder arya.ag; Samit Shetty, founder of Chaitanya…
