Advertisements India and the United Kingdom share a modern partnership bound by strong historical ties. The UK is the 6th largest investor in India and has invested USD 32.82 bn in FDI inflows between April 2000- September 2022. There are… Read More ›
Funding
Ecozen Raises $25 M In Round Led By Nuveen, Dare Ventures
Advertisements Pune-based deeptech startup Ecozen has raised $25 million in combined equity and debt capital. The Series C round’s equity portion was led by Nuveen and Dare Ventures (Coromandel International). The round also saw the participation of existing investors Caspian and… Read More ›
Strategic Investments led by UK-based ESG funds for expansion of Climate Finance
Advertisements The United Kingdom government has claimed it is still delivering its five-year £ 11.6 billion ($13.1 billion) commitment to international climate finance, after advocates raised concerns about the safety of the pledge. Once viewed as a concept as likely… Read More ›
Deeptech Startup Myelin Foundry Raises $3 M In Early-stage Funding
Advertisements Myelin Foundry, a Bengaluru-based deeptech startup, has raised $3 million in an early-stage funding round led by Detroit-based automotive supplier Visteon Corporation. Returning investors Endiya Partners, Beyond Next Ventures and Pratithi Investment Trust also participated in the round. Founded… Read More ›
Diabetes Reversal Company Breathe Well-being Raises Rs 50 Cr In Pre-Series B Round
Advertisements Diabetes Reversal company Breathe Well-being has raised Rs 50 crores in a Pre-Series B round co-led by 3One4 Capital, Accel and General Catalyst. FounderBank Capital and Supermorpheus also participated in the round. The company will use the funds to strengthen… Read More ›
PhonePe Raises $350 M From General Atlantic
Advertisements Walmart-owned PhonePe announced on Thursday that it has raised $350 million from General Atlantic, a global growth equity firm, at a pre-money valuation of $12 billion. PhonePe plans to use the funds to make investments in infrastructure, including the… Read More ›
Dallas Ventures Aims To Complete Its Rs 350 Cr Fund In Next Six Months
Advertisements Dallas Venture Capital has completed its Rs 100 crore India fund. According to media reports, the fund will look to close its Rs 350 crore fund in the next six months. Since its launch in May last year, the… Read More ›
Flipkart MarketPlace Arm Raises $90 Mn From Parent Entity
Advertisements The marketplace arm of Flipkart, Flipkart Internet, has secured $90 million from its Singapore-based parent entity. According to the regulatory filing, the decision was approved by the company’s board of directors on December 29, last year. Two entities, Flipkart… Read More ›
PE Players Invest Over $1.21 Bn In NCR Till December, 58% Year On Year Growth: Report
Advertisements ANAROCK Capital’s Flux – 9M FY23 report reveals that private equity (PE) players invested $1,215 million into NCR (national capital region) the first nine months (9M) of FY23, against $771 million in the corresponding period in the previous financial… Read More ›
HDFC Capital Marks The Initial Close Of Its Affordable Housing Fund At $376 M
Advertisements The initial close for Scheme 2 of HDFC Capital Affordable Real Estate Fund-3 (H-CARE 3) by HDFC Capital Advisors has secured $376 million. This is HDFC Capital’s fourth fund for investments in affordable housing. A year ago, it closed… Read More ›