Advertisements Mumbai-based leading venture capital firm BLinC Invest announced the final closure of BLinC Fund II, a SEBI-registered fund, on April 27th 2022. Having received strong interest and commitment from several Indian and global investors, including HNIs, Family Offices, Corporates and Institutional… Read More ›
Advertisements KDDL subsidiary, Ethos, announced the launch of its Initial Public Offering on May 18. The shares would be allotted on May 26 and the listing would take place on May 30. The anchor book would open a day prior… Read More ›
Advertisements VerSe Innovation, India’s biggest local language technology platform, today announced it has raised & signed definitive documents for USD 805 million in latest funding rounds from marquee global investors Canada Pension Plan Investment Board(CPP Investments), Ontario Teachers’ Pension Plan Board (Ontario Teachers’), Luxor Capital, Sumeru Ventures and others. Existing investors Sofina Group, Baillie… Read More ›
Prime Minister Narendra Modi hosted representatives of leading Private Equity and Venture Capital funds at his Lok Kalyan Marg residence in Delhi for interactions in line with his endeavour to boost the investment climate in the country. During the meeting the discussion centered around the key initiatives in this regard by the government. The Prime Minister personally interacted with the industry leaders to also gather their inputs in the runup to Budget 2022.
Advertisements Early-stage venture capital (VC) firm Incubate Fund Asia aims to close its third fund by June 2024. In an interview with BW Businessworld and VCWorld, Incubate Founder and General Partner Nao Murakami and Partner Rajeev Ranka said the third… Read More ›
Advertisements Good Capital, an early-stage venture investment firm, plans to invest USD 25 million in AI startups by FY25 (Financial year 2024-2025). These investments will primarily target sectors such as Cleantech, Ecommerce, Edtech, Healthtech, SaaS and Deeptech. This comes at… Read More ›
Advertisements Months after leaving fintech company BharatPe, Ankur Jain launched his new startup, Jivi AI, which is based on generative AI (GenAI) technology. The startup aims to use generative AI to improve healthcare outcomes for eight billion people, Jain said… Read More ›
Advertisements The Supreme Court dismissed PhonePe’s appeal against DigiPe Fintech for using the ‘DigiPe’ trademark. The Court refused to stop DigiPe from using the trademark until the main case is decided. It stated that many other companies, such as BharatPe,… Read More ›
Advertisements Bengaluru-based food startup Go Desi has raised Rs 41 crore (about USD 4.9 million) from Aavishkaar Capital. This investment is the seventh from Aavishkaar India Fund VI, a USD 150 million vehicle that invests across impact sectors such as… Read More ›
Advertisements Startups across stages, mostly late, raised the funding across 78 rounds, compared to 113 rounds in April 2023 when they had raised a total of USD 464 million. In the last week – April 27 to May 3 —… Read More ›
Advertisements Eternal Capital, led by Dhruv Dhanraj Bahl, launched its first VC fund with a target of Rs 120 crore and an option for an additional Rs 120 crore, making it a total capacity of Rs 240 crore. They received… Read More ›
Advertisements Plotline, a startup enabling consumer app companies to rapidly and effortlessly customise their apps, raised USD 2.6 million from Elevation Capital to improve user adoption and loyalty in the super app era. Plotline was founded in 2022 by Shubham… Read More ›
Advertisements Ugro’s founder, board members and management together contributed Rs 16.25 crore for the latest round of funding. InCred Capital was the investment banker for the deal, according to media reports. At the same time, the company acquired fintech lending… Read More ›
Advertisements US health and insurance company Kaiser Permanente is in advanced discussions to lead a USD 200-250 million investment in Innovaccer, a healthcare-focused software-as-a-service (SaaS) firm. The funding will include primary and secondary components, with the secondary transaction expected to… Read More ›
Advertisements Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest around USD 200 million in quantum computing startups, according to media reports. The investment arm of the Novo Nordisk Foundation, has 77 per cent of… Read More ›
