Liquidity Events
CDC sells addnl IIFL Finance shares worth Rs.527-Cr; registers 1.76x return
CDC Group has sold shares worth INR 526.99 crore in publicly listed IIFL Finance Ltd. Post the sale, CDC Group would hold a 3.56% stake in the company.
Private Equity
VC Fund Investments
B2C solar products startup SolarSquare raises $4-M led by Good Capital
Mumbai-based SolarSquare, a business-to-consumer (B2C) solar products startup, has raised USD 4 million, led by Good Capital. US-based Lowercarbon Capita (founded by well known investor Chris Sacca), Singapore-based…
VC Fund Investments
Vegetables & fruits producer Sahyadri Farms raises $15-M from Holland's FMO
Dutch development bank FMO is to invest USD 15 million in Nashik-based Sahyadri Farms Post Harvest Care Ltd (SFPHCL) as part of a consortium of investors led by Incofin. Incorporated in 2020, SFPHCL procures, processes…
PE Fund Investments
Travel portal HappyEasyGo raises new funding from existing shareholders
HappyEasyGo, a Gurugram-based online travel agency, has raised new funding from its existing shareholders - Samsung Venture Investment, Korea Investment Partners, M&S Partners, CVC apital Partners and UOB Venture…
PE Fund Investments
China's Tencent buys stake worth $264-M in Flipkart from Binny Bansal
Chinese technology giant Tencent has acquired an additional stake worth USD 264 million (INR 2,060 crore) in Walmart-backed Indian e-commerce player Flipkart from its co-founder Binny Bansal. The transaction was routed…
PE Fund Investments
Actis acquires six road projects from Welspun for $775-M
UK-headquartered Actis, via Actis' Long Life Infrastructure Fund (ALLIF), is to purchase a portfolio of six operating highway toll road projects in India from Welspun Enterprises Ltd (WEL), part of the Welspun Group…
PE Fund Investments
IndInfravit to buy 5 road projects from Brookfield in $1.2 B deal
Publicly listed infrastructure investment trust (InvIT) IndInfravit Trust has agreed to buy a portfolio of Indian road assets from Canadian infrastructure focused investor Brookfield in a cash deal valued at around INR…
PE Fund Investments
Smart home solutions provider Aliste to raise funding
Noida-based Aliste Technologies, which provides smart home solutions, plans to raise funding. Aliste  offers smart appliances such as motion sensing devices, smart gate solutions, security devices like CCTV…
Fund News
All In Capital launches $10-M seed fund
Mumbai-based All In Capital has launched a USD 10 million fund targeting early-stage startups. Founded in January 2022 by Kushal Bhagia and Aditya Singh, the sector-agnostic fund will invest between USD 100,000…
Angel Investments
Cloud gaming platform TGP raises $500-K
The Gaming Project (TGP), a cloud gaming platform, has raised USD 500,000 in a round led by FAAD Network along with Upsparks, BlackKite, and SucSEED Indovation Fund. The round also saw participation from MaGEHold & Hem…