StanPlus Technology Pvt. Ltd, which operates a startup focussed on medical response solutions for large hospitals, has raised $1.5 million (approximately Rs 11.13 crore at current exchange rates) in pre-Series A funding. — VCCircle Legasis Partners advised Pegasus Finvest led by a team of partner Ap...

IoT-based startup WEGoT on Wednesday said it has closed $2 million as part of its seed funding, led by GoFrugal, Shyam Shekar (Founder of iThought), and Brigade Enterprises Ltd. — Yourstory Spice Route Legal advised WeGot Utilities led by a team of partner Mathew Chacko , with lawyers Aishwarya Pras...

ExtraaEdge Technology Solutions Pvt. Ltd, an ed-tech startup, has raised $700,000 (approximately Rs 5 crore at current exchange rates) in its pre-Series A funding round. — VCCircle Mani Chengappa & Mathur advised Sprout Venture Partners-I led by a team of partner Samuel Mani , senior associate ...

Bundl Tecnhologies Private Limited, operating as Swiggy has has raised further funds as part of its Series I funding round, with the current tranche led by Chinese investors Tencent, with Ark Impact Investments, Korea Investment Partners, and MACM India Growth Fund also participating. The total Seri...

Online gaming firm Zupee has raised $8 million in its Series A funding round led by Matrix Partners India as it looks to expand its user base. Falcon Edge Capital, WestCap Group, Orios Venture Partners and Zupee’s early stage investor Smile Group also participated in the latest round. — The Economic...

Bengaluru-based Cue Learn, which owns after-school math education platform Cuemath, will raise $5.5 million in a Series B round from new investor Manta Ray Ventures and returning investors CapitalG and Sequoia Capital India. — Techcircle Saakshya Law Advocates & Solicitors advised Cue Learn Pri...

Beauty and fashion retailer Nykaa has raised Rs 100 crore from existing investor Steadview Capital, a UK-based hedge fund, the company said early on April 1, hours after it suspended operations across the country. — Moneycontrol AZB & Partners advised FSN E-Commerce Ventures Private Limited , o...

Pidilite Industries, the makers of popular homegrown adhesive brand Fevicol, has led a $40 million funding round in online furniture retailer Pepperfry, as it looks to make strategic bets in new-age companies to complement its core product offering. In December, Pidilite co-invested $30 million in o...

MUMBAI: Centrum Housing Finance Ltd … said a fund managed by Morgan Stanley Private Equity Asia has agreed to invest ₹190 crore to acquire a significant minority stake in the affordable housing finance company. — Mint Trilegal advised NHPEA Kamet Holding B.V., a private equity fund managed by Morgan...

South Asia- and Africa-focused healthcare delivery platform Evercare, a portfolio company of TPG’s The Rise Fund, has acquired Bangladesh-based Apollo Hospitals Dhaka for BDT10b (approximately USD118m). — Empea Desai & Diwanji advised STS Holding Ltd. (Promoter of Apollo Hospitals-Dhaka) led by...

New-Delhi based fintech platform BharatPe has raised $75 million in a Series-C financing round, TechCrunch reported on Monday. — Hindu Business Line Antares Legal advised Resilient Innovations Private Limited , operating as BharatPe , led by a team of senior associate Surbhi Kothiala with founding p...

Bangalore-based AI company Gnani.ai has raised Series A funding from Samsung Ventures Investment Corporation, the venture capital arm of Samsung Group. This makes Gnani.ai one of the first four Indian startups to have received funding from Samsung Ventures. — Electronicsb2b Saakshya Law Advocates &#...

Veritas Finance Pvt. Ltd has raised Rs 350 crore ($46 million at current exchange rates) in its Series E round of funding led by existing investor Norwest Venture Partners. — VCCircle Veritas Legal advised Kedaara Capital Fund I LLP led by a team of partner Nandish Vyas , senior associate Kanisha Vo...

PUNE, India, Sept. 26, 2019 Advanced Construction Technology Services (ACTS), a leading regional testing, inspection and certification firm, has announced its acquisition of CQRA, a top Pune-based construction management company and independent quality assessment agency. The news comes after ACTS re...

Gurugram-based Apollo Tyres on Wednesday said global private equity firm Warburg Pincus will invest $150 million in the company. The board of Apollo Tyres has approved issuance of compulsorily convertible preference shares worth Rs 10,800 million (about $150 million) to an affiliate of Warburg Pincu...

Mid-market growth capital firm Amicus Capital has invested Rs 70 crore (nearly $10 million at current exchange rates) in Berar Finance Ltd, which runs a two-wheeler-focussed financing unit. — VCCircle J Sagar Associates advised Amicus Capital led by a team of partners Vikram Raghani and Bir Bahadur ...

Ikigai helps Indonesian startup Raena setup by Indian founder, raise US$1.8 million from Beenext, according to reports . Raena, an Indonesian startup that helps social media influencers launch their own e-commerce brands, announced today that it has raised $1.82 million in seed funding. The round wa...

Acquisition by Footpath and other investors of compulsorily convertible preference shares in excess of 10% share capital of Trustroot Internet, according to reports . Bengaluru | Mumbai: Udaan, an online marketplace that caters to small businesses, is close to raising around $500 million in fresh fu...

MeraKisan Private Ltd., a part of the $20.7 billion Mahindra Group, and a player in the organic agri business market, with a focus on organic food supply chains, today announced its partnership with Ajinkya Rahane, Vice-Captain of the Indian Test Cricket team. As part of this partnership, Ajinkya ha...

Nineroot Technologies Pvt. Ltd, which runs a small business-focussed financial technology startup Chqbook.com, has raised $5 million (approximately Rs 36.39 crore at current exchange rates) in its Series A funding from Aavishkaar Capital. — VCCircle Jerome Merchant + Partners advised Aavishkaar Capi...