Fund News
Bangalore-based Venture Capital firm Chiratae Ventures is planning to raise $600 million across two funds in the coming months. While the $400 million fund will focus on new investments, a $200 million opportunities…
Other Private Equity/Strategic Investments
Bodhi Tree Systems, a newly formed platform between Lupa Systems and Uday Shankar, will invest USD 600 million in Kota, Rajasthan-based test preparation brand Allen Career Institute,. Lupa is likely to pick a 30-35%…
Angel Investments
Mumbai-based organic and healthy grocery startup Zama Organics has received an investment from Mira Rajput Kapoor. The funds will be used to scale operations. The startup plans to expand its presence in other cities…
Angel Investments
JITO Angel Network, a global community-based angel network, has invested in Bhubaneswar–based electric vehicle (EV) battery manufacturer Nexus Power. Nexus Power makes rechargeable, bio-organic, and biodegradable…
Angel Investments
Fitspire, a Delhi-based vegan health-wellness brand, has raised USD 300,000 from Ivor Braganza and Rajesh Sud. The startup would use the funds to strengthen its ecosystem and accelerate market expansion, build the…
Liquidity Events
Gurgaon-based packaged food startup Wingreens Farms is acquiring a 100% stake in Bengaluru-based snacks startup Postcard. Wingreens will acquire Dharmya Business Ventures Pvt Ltd, the parent company of Postcard, for…
Liquidity Events
The initial public offering of Hyderabad-based Rainbow Hospitals (Rainbow Children's Medicare Pvt Ltd) received bids for 25.49 crore shares against its size of 2.05 crore shares, getting subscribed 12.43 times. The…
Liquidity Events
UK-headquartered PE firm Actis is to sell Delhi-based Solenergi Power Pvt Ltd, the flagship company for its renewable energy focused Sprng Energy platform, to Shell Overseas Investments B.V for USD 1.55 Billion. Sprng…
VC Fund Investments
Bengaluru-based Convin.ai, an AI-driven platform for virtual assisted selling for businesses, has raised USD 2.1 million (INR 16 crore) in a seed funding round led by Kalaari Capital with participation from Good…
VC Fund Investments
Singapore-headquartered Finbots.AI, an Artificial Intelligence-envisioned firm bringing innovation to banks and financial institutions, has raised a successful Series A round of USD 3 Million from Accel Fund VII (in…
