Advertisements The teaching and learning platform Toddle, used in educational institutes across the globe, secured around $17 million in its Series A round. The round was led by Sequoia Capital India. Venture capital firms, including Tenacity Ventures and Trifecta Capital,… Read More ›
Advertisements SarvaGram Solutions, a fintech startup, has raised $35 million (approximately Rs 290 crore) in a funding round led by Elevar Equity, Elevation Capital, Temasek, and TVS Capital Funds. SarvaGram offers a variety of customised financial and capacity-building products to… Read More ›
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 Larsen and Toubro sold its 51 per cent stake in L&T Infrastructure Development Project to Edelweiss Alternatives’ portfolio company in order to reduce its exposure to the non-core asset-heavy development projects portfolio. L&T no longer has a significant stake in… Read More ›
Advertisements Sajjan Jindal-led JSW Group’s venture capital arm, JSW Ventures has made its first investment, infuses $2.5 million (about Rs 20 crore) in the electric mobility MoEVing. After this fund raise, MoEVing’s total capital raise stands at $10 million (around… Read More ›
Advertisements KKR’s after-tax distributable earnings fell 11 per cent year on year in the third quarter due to a sharp drop in transaction fees, but the result came in ahead of expectations. Initial public offerings and debt refinancings, which KKR’s… Read More ›
Advertisements Decentro, a banking integration startup, announced on Tuesday that it has raised $4.7 million (approximately Rs 37.6 crore) in Series A funding from Rapyd Ventures, Leonis VC, and Uncorrelated Ventures. A number of angel investors took part in 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 Software-as-a-Service (SaaS) unicorn Icertis on Monday said that Silicon Valley Bank has invested $150 million in funding in the form of a revolving credit facility and convertible financing from Silicon Valley Bank. Silicon Valley Bank, a commercial bank, is… Read More ›
Advertisements Private equity investor Bain Capital will sell a 1.24 per cent stake in private lender Axis Bank via a block trade today, which is expected to fetch the investor $410 million. As of 30 September, Bain Capital holds a… Read More ›
