Advertisements MetaMan, a men’s jewellery startup, announced the acquisition of Mumbai-based luxury jewellery brand Drip Project for $1 million on Tuesday (around Rs 8 crore). According to a statement issued by the Bengaluru-based company, the acquisition will strengthen its position… Read More ›
Advertisements Electrodrive Powertrain Solutions, or Electra EV, a Ratan Tata-owned company, raised more than $25 million (about Rs 207 crore) on Thursday from GEF Capital Partners’ South Asia Growth Fund II for a minority stake in the EV solutions company…. Read More ›
Advertisements Edtech giant Byju’s is in talks with bankers to publicly list its offline coaching unit Aakash Educational Service according to the media reports. The listing might take place at the beginning of 2023. Aakash is a wholly-owned subsidiary of… Read More ›
Advertisements GIC and ESR Group, announces forming a $600 million joint venture, eyeing to acquire income-producing core industrial and logistics assets in India. GIC will hold an 80 percent stake in the JV and ESR – Asia Pacific-focused logistics real… Read More ›
Advertisements America’s Frontier Fund (AFF) announces the appointment of Karl Mehta as Chairman of the Quad Investors Network, India, and Japan. Karl will work to build on the existing bonds between the four nations, forge new partnerships, and select the… Read More ›
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 ›
Advertisements SphitiCap, an early-stage venture capital fund, has announced an investment of $11.5 million (approximately Rs 94.7 crore) in fintech startup PayVeda, its second bet from its debut fund. SphitiCap said the Noida-based startup’s pipeline of strategic acquisitions and the… Read More ›
Advertisements This week, a few ventures landed large-ticket deals worth more than $25 million. This week, companies raised about $314 million in funding across 12 funding deals. There has been a slump in fundraising as compared to the past few… Read More ›
Advertisements Think and Learn, the parent company of edtech unicorn Byju’s, has raised Rs 300 crore through a collateral-free loan from its wholly-owned subsidiary Aakash Educational Services, at a time when the company is restructuring its operations in order to… Read More ›
Advertisements India Quotient and On Mauritius led the pre-series B funding round for Masai School. It secures over 38 crore in the funding round. Both companies invested Rs 15.81 crore. Unitus Ventures also participated in the funding round, investing Rs… Read More ›
