Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has signed an agreement to invest more than ₹1,800 crore ($250 million) in ECL Finance Ltd, the non-banking financial company (NBFC) of Edelweiss Group said on Tuesday. — Mint AZB & Partners advised ECL Finance Limited led by a...

Manipal Education and Medical Group chairman Ranjan Pai and Centrum Group have invested around Rs 300 crore in Jana Small Finance Bank, giving the Bengaluru-headquartered firm further ammunition to fight out rivals and scale up its business. The investment round valued Jana, formerly Janalakshmi Fin...

Online car platform CarDekho on Thursday said it has raised $110 million in a Series C funding round from existing investors Sequoia India, Hillhouse Capital, Alphabet’s growth investment arm Capital G and Axis Bank. The investment values CarDekho at $400-500 million, the company said in an email re...

Luxury hotel group Leeu Collection has taken a 10% stake in Alajmo SpA, the Italian family business established by brothers Massimiliano (Max) Alajmo, the world’s youngest three-star Michelin chef, and Raffaele (Raf), the company’s Chief Executive and maître des lieux. — Www.Incentivetravel.Co.Uk AZ...

International Finance Corporation plans to invest $15 million (Rs 100 crore) in Aptus Value Housing Finance India Ltd, doubling its exposure to the mortgage lender. — VCCircle AZB & Partners advised International Finance Corporation IFC led by a team of partners Gautam Saha , and associates Pra...

Affiliates of the Lone Star Funds and the RattanIndia Group will jointly invest Rs. 2,600 crore / USD $400 million in a Non-Banking Financial Company (NBFC), RattanIndia Finance. Rajiv Rattan and affiliates of Lone Star will each own 50% of RattanIndia Finance. — Businesswire J Sagar Associates advi...

Mid-market private equity firm Amicus Capital Partners has invested Rs 70 crore ($10.3 million) in kitchen appliances and cookware firm Wonderchef, it said in a media statement on Thursday. — VCCircle J Sagar Associates advised Amicus Capital Partners Fund led by a team of partners Vikram Raghani an...

India Agri Business Fund II (IABF-II), co-sponsored by Rabobank, the UK’s CDC Group and Asian Development Bank, has invested $10 million in frozen food products exporter Global Gourmet Pvt. Ltd for a minority stake, top company officials said. — Mint Business Law Chamber advised Global Gourmet led b...

Cytecare Hospitals Private Limited, a cancer hospital in Bangalore, announced the closure of its $31 million Series A round, including participation from Goldman Sachs, a leading global investment bank and active investor in India. The investment will be used towards a long-term growth strategy focu...

OFB Tech Pvt. Ltd, which operates fin-tech platform OfBusiness, has secured $29 million (Rs 200 crore) in a Series C round of funding led by two new US-based investors. — VCCircle J Sagar Associates advised Creation Investments India II LLC led by a team of partner Lalit Kumar and Bharat Joshi and a...

Leading B2B e-commerce company ShopX, on Tuesday, said it has raised $35 million (₹240 crore) in a new round of funding from Fung Strategic Holdings Ltd (FSH). — Hindu Business Line J Sagar Associates advised Fung Strategic Group led by a team of partner Gerald Manoharan , Vikram Raghani , and Jamsh...

Impact investment firm Aavishkaar-Intellecap Group is raising ₹ 225 crore (approx $31 million) from US-based Teachers Insurance and Annuity Association (TIAA) as it looks to scale up its various businesses, said two people aware of the development. — Mint S&R Associates advised Aavishkaar Ventu...

Hyper local delivery start-up Shadowfax Technologies Pvt. Ltd Tuesday said it has raised $22 million in a Series C funding round led by NGP Capital (formerly Nokia Growth Partners). — Mint J Sagar Associates advised Eight Roads Ventures led by a team of partner Manvinder Singh ; senior associate Son...

HT Media, the publisher of English dailies Hindustan Times and Mint, has inked an ad-for-equity deal valued at £24 million for a period of two years with UK-based online fashion retailer Koovs. — The Financial Express S&R Associates advised HT Media Limited led by a team of partner Radhika Iyer...

Mukunda Foods Pvt. Ltd, which manufactures tabletop dosa-making machines, has received a strategic investment from Ncubate Capital Partners, the venture capital arm of Gurugram-headquartered SAR Group. — VCCircle S&R Associates advised SAR Group led by a team of partners Sanjeev Adlakha and Moh...

My Finance Care Advisors Pvt. Ltd, which runs online loans marketplace MyLoanCare, has raised Rs 6.5 crore ($978,000) in a Series A round of funding from Ncubate Capital Partners, the venture capital arm of Gurugram-headquartered SAR Group. — VCCircle S&R Associates advised SAR Group led by a t...

Altum Credo Home Finance Pvt. Ltd has received a commitment of Rs 64 crore ($9.85 million) from impact investment firm Aavishkaar Venture Management Services and a bunch of wealthy individuals, a media report said. — VCCircle S&R Associates advised Aavishkaar Bharat Fund , a SEBI-registered AIF...

Gurgaon-based Roposo has raised $10 million (₹61 crore) from existing investors Tiger Global Management and Bertelsmann India Investments, showed documents sourced from business intelligence platform Paper.vc. — Mint S&R Associates advised Bertelsmann India Investments led by a team of partner ...

iNurture, a provider of formal higher education programmes in India, on Wedensday said it has raised Rs 28 crore in funding, led by Ventureast. iNurture will use the fresh funds to expand its e- learning platform for skill centres and distance learning, and to expand its managed campuses business, i...

Google has picked up a significant minority stake in hyper-local concierge and delivery player Dunzo, its first direct investment in an Indian startup underlining how the global search giant is quietly getting into an investment mode in the country. Google led a $12-million investment in the Bengalu...