Genetic diagnostics, research and data company MedGenome has raised $55 million (about Rs 419 crore) in a new round of funding, led by global impact investment firm LeapFrog Investments, the Bengaluru-headquartered company announced on Wednesday. The company’s two existing backers, Sequoia Capital a...

Private equity giant KKR, which has been looking to expand its hospital presence in India, has stepped in to let businessman BK [Modi exit the Max Healthcare business] — VCCircle PDS Legal advised BK Modi and other entities of the Smart Group led by a team of partner Vihang Virkar , executive direct...

Juspay Technologies Pvt. Ltd, which operates a payments technology firm, has raised $21.6 million (approximately Rs 164.05 crore at current exchange rates) in its Series B funding round. — VCCircle Update 28 April 2020 : INDUSLAW advised Juspay Technologies Private Limited led by a team including pa...

Oravel Stays, the parent company of hospitality chain Oyo Hotels & Homes, has [in March 2020] received a capital infusion of about $807 million (around Rs 5,976 crore) from two of its backers, SVF India Holdings and RA Hospitality, the Ritesh Agarwal-controlled investment entity, as part of its...

SMEcorner, which lends to micro, small and medium enterprises (MSMEs), has raised $30 million through a mix of equity and debt, a senior company executive said. — Mint Jerome Merchant + Partners advised Digikredit Finance Private Limited , operating as SMECorner led by a team of partner Sameer Sibal...

Bhagwandas Retail Pvt. Ltd, which operates business-to-business-focussed artisan platform Lal10, has raised $1.1 million (approximately Rs 8.16 crore at current exchange rates) in pre-Series A funding. — VCCircle Universal Legal advised Beyond Capital Fund led by a team of partner Mohit Kapoor &...

Agriculture-technology startup Ecozen Solutions Pvt. Ltd has raised an undisclosed sum of money as part of its Series A funding round from impact investors Caspian and Hivos-Triodos Fund. — VCCircle Desai & Diwanji advised Omnivore Partners led by a team of partner Siddharth Mody and senior ass...

Representative Image Space technology startup Agnikul has raised Rs 23.4 crore in pre-series A funding led by Pi Ventures, as it looks to develop a satellite launch vehicle with a payload capacity of up to 100 kgs. The funding round also saw participation from Hari Kumar of LionRock Capital, Artha V...

Online food delivery and restaurant recommendation platform Zomato has raised close to $5 million (Rs 38.20 crore) from Pacific Horizon Investment Trust, a fund managed by British investment manager Baillie Gifford. According to documents filed by Zomato with the Registrar of Companies, and accessed...

FarEye, a logistics SaaS (software-as-a-service) platform, announced a Series D investment of $25 million led by M12 (Microsoft’s venture fund), Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round. — Mint J Sagar Associates advised Microsoft Co...

Kochhar & Co. advises The Moms Co. on its USD 5 million Series B funding Gurugram based consumer goods start-up, The Moms Co. (Amishi Consumer Technologies Pvt Ltd.) has raised USD $ 5 million in a Series B funding round from its existing investors, DSG Consumer Partners and Saama Capital, acco...

Invoice discounting platform, KredX, has raised $26 million (Rs 187 crore) in a Series B fund raise led by India’s largest invoice discounting platform on Wednesday announced its series B fund raise of $26M (Rs 187 crore) led by Tiger Global Management, along with participation from existing investo...

Multiples Alternate Asset Management has invested $20 million (about Rs 142 crore) in artificial intelligence and big data company Quantiphi, the first deep- tech investment by the Renuka Ramnath-led private equity firm. The investment which has a small secondary component as well, is the first inst...

Rupeek Fintech has raised $60 million (about Rs 432 crore) across two separate rounds, led by GGV Capital, Binny Bansal and Bertelsmann India Investments, among others. The Bengaluru-headquartered startup, which provides loans against gold as collateral, said it will use the proceeds from the latest...

Khatabook, an app that enables small and medium enterprises (SMEs) to record and track business transactions digitally, has raised $25 Mn Series A round from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others. — Inc42 Algo Legal advised Sequoia Capital...

Green Agrevolution Pvt. Ltd, which operates agricultural technology startup DeHaat, said on Tuesday it has raised $12 million (Rs 90.75 crore at current exchange rates) in a Series A funding round. — VCCircle Samvad Partners advised Green Agrevolution Private Limited led by a team of partner Natasha...

Bengaluru: Ummeed Housing Finance Pvt. Ltd has raised ₹164 crore in a Series D equity round led by a fund managed by Morgan Stanley Private Equity Asia. — Mint Trilegal advised Morgan Stanley Private Equity Asia led by a team of partner Kunal Chandra , counsel Harshil Dalal , senior associate Akshat...

Fintech platform SuperMoney has raised $1 million (Rs7 crore) from early-stage investor Unitus Ventures.

— Mint

Samisti Legal LLP advised SuperMoney led by a team of partner Prashant Jain, and principal associate Anita Dugar.

Deal value: $1m

2020-02-06

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PayMate has announced that it has successfully raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, Middle East, and Africa (CEMEA). Investors in this Series D round include Recruit Strategic Partners (Venture capital Arm of Rec...

Online baby care brand Mamaearth has raised ₹130 crore (about $18.14 million) in a round led by Sequoia Capital India, the company said on Wednesday. Existing investors Fireside Ventures, Stellaris Venture Partners and Sharp Ventures also participated in the round. — Mint Shardul Amarchand Mangaldas...