Advertisements Amidst a funding crunch, startups have begun sharing their profitability scorecards. Interestingly, this trend spans from giants like Zomato to startups such as OfBusiness, Unacademy, Meesho, Swiggy, Oyo, Pharmeasy, and more. These startups have adopted various metrics to claim… Read More ›
Startups
Venture Catalysts Exits From Koovers, Bags 2.1x Returns
Advertisements Venture Catalysts, an early-stage investment firm, has made a full exit from its portfolio company, Koovers, a B2B ecommerce platform for auto spare parts, with 2.1x returns in 1.5 year. Venture Catalysts (Vcats) exited its investment in Koovers post… Read More ›
Mumbai Angels Invests Rs 3.5 Cr In InsideFPV
Advertisements Mumbai Angels, a platform for private investments, has expanded its portfolio further by investing in InsideFPV. The seed funding round that raised Rs 3.5 crore also saw the participation of other investors, including IPV, Soonicorn, and angel investors like… Read More ›
Actor Deepika Padukone’s Ka Enterprises Invests In Blue Tokai
Advertisements Actor Deepika Padukone’s venture Ka Enterprises has reportedly invested an undisclosed fund in Blue Tokai Coffee Roasters in Series B funding round. The company has presence in India and Japan. It has 80 retail outlets across cities including Mumbai,… Read More ›
Startups Raise $413 Mn Across 21 Deals In Second Week Of September
Advertisements In the second week of September, Indian startups maintained a robust funding pace, successfully raising a total of USD 413 million through 21 deals from September 11 to September 15. This represents a significant 61 per cent increase compared… Read More ›
Bengaluru-based Agilitas Sports Acquires Footwear Manufacturer Mochiko Shoes
Advertisements Bengaluru-based sportswear startup Agilitas Sports has acquired Mochiko Shoes, India’s largest sports footwear manufacturer for the domestic market. The amount of the deal is still undisclosed. The development comes months after Agilitas raised $52 million in funding from Convergent… Read More ›
PE Firm Xponentia Secures Rs1,000cr For Its Second Fund
Advertisements Xponentia, a private equity platform, has successfully raised Rs 1,000 crore in its second fund from primarily Indian investors. The platform plans to invest this capital in various sectors such as consumer, healthcare, financial services, and business services. The… Read More ›
IndiaRF Invests Rs525cr In Healthcare Provider Ivy Health
Advertisements India Resurgence Fund (IndiaRF), an India-focused investment platform, has invested Rs 525 crore in Ivy Health and Life Sciences (Ivy). After the funding, IndiaRF has become the majority shareholder of Ivy. As part of the transaction, IndiaRF shall acquire… Read More ›
US Lawmakers In US Remove Hi-tech Export Barriers To India
Advertisements Lawmakers in the US House of Representatives have introduced a new bill called the “Technology Exports to India Act.” This bill aims to remove barriers and make it easier for the United States to export sensitive technologies to India…. Read More ›
Venture Catalysts Makes Partial Exit From Cusmat, Bags Over 4.2x Returns
Advertisements Venture Catalysts, an early-stage investment firm, has made a partial exit from its portfolio Cusmat Technologies (Cusmat), an immersive skilling platform that large enterprises use to upskill their industrial workforce, with over 4.2x returns in less than three years,… Read More ›