Fund News
Insurance-focused employee wellness platform Nova Benefits is in talks to raise a Series B round from existing and new investors. Existing investors Bessemer Ventures and SIG are in talks to lead the USD 25-30 million…
Fund News
Eight Roads Ventures, backed by Fidelity, has announced its first India-focused healthcare and life sciences fund of USD 250 million. The fund will back 15 to 20 companies in the space, ranging from smaller…
Other Private Equity/Strategic Investments
Mortgage lender Housing Development Finance Corporation (HDFC) and its subsidiary HDFC Life Insurance Company have acquired a significant minority stake in a Mumbai-based real estate business accelerator firm Xanadu…
Angel Investments
Ednovate, an edtech company that claims to innovate education for commerce students, has received Series A funding from Dr Vinay Jain, Chairman Witty Group of Institutions, Ajay Sarupria, and Kaushik Mehta to finance…
Angel Investments
Mumbai-based overseas education aggregator Adventum Student Living (ASL) has raised USD 5 million in a pre-Series B funding round led by Ideal Cures founder Suresh Pareek. Other investors who participated in the round…
Liquidity Events
Jack Ma-led Alibaba and Ant Financials have exited Paytm E-commerce Pvt Ltd, the parent entity of Paytm Mall. Paytm E-commerce bought back the entire stake (43.32 %) of Alibaba (28.34%) and Antfin (Netherlands) Holding…
VC Fund Investments
Bengaluru-based Vegandukan has raised USD 3,25,000 in seed funding from Sunlight Capital Holdings LLC. The funding will be used to create a better user-experience for shopping and market growth. Vegandukan is an online…
VC Fund Investments
Wehouse, a Hyderabad-based aggregator of construction services, has raised USD 1 million in a pre-Series A funding round from Anthill Ventures and angel investors. The proceeds from the round will be used to upgrade…
VC Fund Investments
Bengaluru-based Smytten, a tech-enabled product sampling and engagement platform for direct-to-consumer (D2C) brands, has raised INR 100 crore (around USD 15 million) in its latest funding round led by its existing…
PE Fund Investments
Gurugram-based D2C beautycare unicorn Mamaearth is allotting 136 million equity shares (worth USD 17.4 million or INR 136.03 crore) as bonus shares in the ratio of 1:12,899 to its 12 stakeholders, including PE-VC…
