Advertisements Mumbai-based leading venture capital firm BLinC Invest announced the final closure of BLinC Fund II, a SEBI-registered fund, on April 27th 2022. Having received strong interest and commitment from several Indian and global investors, including HNIs, Family Offices, Corporates and Institutional… Read More ›
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Premium Watch Retailer Ethos To Launch IPO On May 18
Advertisements KDDL subsidiary, Ethos, announced the launch of its Initial Public Offering on May 18. The shares would be allotted on May 26 and the listing would take place on May 30. The anchor book would open a day prior… Read More ›
VerSe Innovation Raises USD 805 Mn in Latest Funding Rounds Hitting Valuation Of USD 5 Bn
Advertisements VerSe Innovation, India’s biggest local language technology platform, today announced it has raised & signed definitive documents for USD 805 million in latest funding rounds from marquee global investors Canada Pension Plan Investment Board(CPP Investments), Ontario Teachers’ Pension Plan Board (Ontario Teachers’), Luxor Capital, Sumeru Ventures and others. Existing investors Sofina Group, Baillie… Read More ›
Prime Minister Hosts Roundtable with PE/VC Leaders
Prime Minister Narendra Modi hosted representatives of leading Private Equity and Venture Capital funds at his Lok Kalyan Marg residence in Delhi for interactions in line with his endeavour to boost the investment climate in the country. During the meeting the discussion centered around the key initiatives in this regard by the government. The Prime Minister personally interacted with the industry leaders to also gather their inputs in the runup to Budget 2022.
IPO-bound Paytm to raise USD 1.1 Bn from anchor investors
Advertisements Digital payments and financial services company Paytm — which is coming up with its IPO later this month — is likely to raise $1.1 billion (or Rs 8,250 crore) from anchor investors alone. The company plans to raise Rs… Read More ›
SoftBank-backed Indian logistics startup Delhivery files for USD 997 Mn IPO
Advertisements SoftBank Group-backed Indian logistics firm Delhivery has filed for an initial public offering of up to 74.6 billion rupees ($997.33 million), joining a long list of startups that have tapped the capital market this year. The filing comes on… Read More ›
Trentar Acquires 75% stake in Drones Propulsion System’s startup – Trishula
Advertisements Trentar Pvt Ltd announced one of the most significant acquisitions alongside a controlling stake with One of India’s most innovative startups in the UAV propulsion system sector, Trishula. This acquisition will focus on making India independent and self-sufficient in the UAV propulsion systems, a long-standing agenda for the Indian UAV industry. It will also… Read More ›
Avaana Capital Expands its Senior Leadership with Multiple Hiring Initiatives
Advertisements 27 October 2021, Mumbai: Avaana Capital, an early-stage fund focused on investing in and scaling up innovation-led sustainable start-ups, with the aim of catalyzing impact and delivering commercial returns, announced the hiring of Shruti Srivastava as Principal and Rahul Bhapkar as Chief… Read More ›
Skyber raises INR 40 Lakhs from women investors and gains diverse advisors through the Encubay Angel Network
Advertisements Skyber, a SaaS and B2B commerce-based platform, recently raised 40 Lakhs in one round of investment through the Encubay Angel Network, India’s first women-led and women-focused angel network. Apart from these, they also get access to the additional services… Read More ›
India’s Surge in VC Minting Unicorns at a Record Pace
Advertisements A decade since the birth of its first unicorn—InMobi, India added three ‘unicorns’ per month in 2021 to nearly double the overall number of startups valued at over $1 billion to 51 as of end-August. Investors have funnelled $23.5… Read More ›