Advertisements Impact investor LeapFrog Investments launches a new strategy to support businesses that are solving climate change adaptation and mitigation for lower-income people. The private investment firm ropes in Nakul Zaveri to head the Climate Investment Strategy. Prior to joining… Read More ›
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Inflexor Ventures Invests In A5G
Advertisements Tech-focused VC fund, Inflexor Ventures, invested in A5G Networks (A5G), which develops cloud-native 4G, 5G and WiFi converged core software. This investment is an extension of the Seed round raised by A5G in June 2022 from the Bharat Innovation… Read More ›
Onelife Nutriscience Raises Undisclosed Amount From Lasons India
Advertisements Mumbai-based Onelife Nutriscience Pvt Ltd has raised an undisclosed amount from Lasons India, a leading pharmaceutical manufacturer. The healthcare start-up produces Vitamin B3 in the form of Niacin and Niacinamide, as well as other specialty chemicals in India, which… Read More ›
Northern Arc Capital Invests In Shriram Transport Finance
Advertisements Northern Arc Capital Ltd, formerly known as IFMR Capital has invested Rs 350 Crore/ $48.3 million from Shriram Transport Finance Company Ltd debt funding. The money raised from this deal will be used to provide support to small road… Read More ›
Zscaler Acquires Start-up Smokescreen Technologies
Advertisements Mumbai-based cybersecurity start-up, Smokescreen Technologies, has been acquired by Zscaler, a US-based cloud-security company. The size of the deal is yet to be declared and is expected to close by July 2021. This comes as a major vote of… Read More ›
Asirvad Microfinance Raises USD 15 mn In ECB From WorldBusiness Capital Inc
Advertisements The loan is supported by the US International Development Finance Corporation, Asirvad Microfinance said in a statement. Proceeds from the loan, availed under the external commercial borrowing (ECB) norms, will enable Asirvad to expand its business of providing small… Read More ›
FlexiLoans.com, Vivriti Capital To Disburse Rs. 300 Crores to MSMEs
Advertisements Fintech platform, FlexiLoans.com has partnered with Vivriti Capital to provide working capital financing of over Rs. 300 crores to Micro, Small & Medium Enterprises (MSMEs) across India. MSMEs will be able to apply for these loans online and receive… Read More ›
Mindtree To Acquire L&T’s NxT Digital Business For INR 198 cr
Advertisements Mindtree on Thursday said it will acquire the NxT Digital Business from Larsen and Toubro (L&T) for Rs 198 crore, a move that will enable the mid-sized IT firm to capture opportunities in the IoT and Industry 4.0 space…. Read More ›
Aknamed Acquires Vardhman Health Specialties For USD 35 Mn
Advertisements Hospital-focused supply chain platform Aknamed on Wednesday said it has acquired Vardhman Health Specialties for USD 35 million (over Rs 250 crore). The transaction enables Aknamed to further promote excellence in the delivery of healthcare essentials, with an enhanced… Read More ›
FabAlley’s Parent Company Raises INR 25.50 Cr in Funding
Advertisements Delhi-based fashion house, High Street Essentials (HSE), the parent company behind women’s fashion brands, FabAlley and Indya, has raised INR 25.50 Cr in a round of funding led by its existing investors Elevation Capital, India Quotient, Dominor Holding and… Read More ›