Gulf Capital, one of the largest and most active alternative asset management firms in the Middle East, and AfricInvest, a leading pan-African mid-cap-focused private equity firm, have partnered for the first time to provide a US$ 51 million structured loan and equity investment to iSON Xperiences (...

Nasdaq-listed MakeMyTrip Ltd (MMYT) has announced a change in the company’s shareholding as Naspers and Ctrip International have entered into a share exchange transaction agreement. Naspers will exchange its entire shareholding in MakeMyTrip for newly issued shares of Ctrip and Ctrip will acquire Na...

Venture Capital investment by Fosun RZ Capital in Kredily, according to reports . [Fosun International] has also backed … Bengaluru-based Kredily, a software-as-a-service based human resources management tool that also works with SMEs. — The Economic Times Desai & Diwanji advised Fosun RZ Capit...

Pune-based agro-tech startup AgroStar has raised $27 million in Series C funds to scale up operations and strengthen its technology platform. The funding round was led by Bertelsmann India along with its existing investors Accel, Chirate Ventures and Aavishkar Bharat Fund. — The Economic Times J Sag...

Pre-Series A round investment by Kalaari in AgNext Technologies by subscribing to equity shares and cumulative compulsorily convertible participatory preference shares, according to reports . Early-stage venture capital firm Kalaari Capital has bet on a startup in the agricultural technology segment...

Mswipe Technologies, which develops point-of-sale terminals for merchants, Tuesday said it has raised $30 million (about Rs 207 crore) from existing investors Falcon Edge, B Capital, Epiq Capital and DSG Growth Partners. Mswipe plans to have 1.5 million merchants on its platform by the end of 2019-2...

BlackBuck is raising up to $150 million ( Rs 1,040 crore) in its latest financing round, led by Silicon Valley-based Accel US Growth Fund and including Goldman Sachs, B Capital and Sequoia Capital, valuing the inter-city trucking and supply chain startup at around $800-850 million, two people famili...

Vivriti Capital, a Chennai-based lending platform for corporate entities, secured Rs 110 crore worth of equity in an additional round of funding from its existing investor Creation Investments. — Yourstory J Sagar Associates advised Creation Investments India III LLC led by a team of partner Lalit K...

Vivriti Capital, a Chennai-based lending platform for corporate entities, has raised equity funding of Rs 200 crore in its series A round from Creation Investment, an investment management company dedicated to financial services.The non-banking finance company (NBFC) plans to use the new funds for s...

Vikara Services Private Limited (Vikara) and its promoters took a Series A round of equity funding from Elevar I-IV AIF and RFE Co-Invest Holdings Pte Ltd. Vikara under the brand name Better India, provides an online marketplace and a curated customer base for SMEs, NGOs, SHGs and individuals to sel...

Singapore-based Blue Planet Environmental Solutions has acquired Yasasu EMS, an organic waste processing company based in Mumbai. Yasasu manufacturers self-contained and compact digesters which the company claims can process one to five tonnes of organic waste such as leftover food, vegetable and fr...

Alternative investments group Samena Capital has taken a 35% stake in Bloom Hotels for Rs 100 crore valuing the company at Rs 330 crore in a series B investment round. Bloom, which has hotels in markets like Bengaluru, New Delhi, Gurgaon and Goa, plans to set up 100 hotels across South Asia, it said...

Fantasy sports platform Dream11 has raised around $80-100 million round from Tencent Holding, said two sources close to the development. The Mumbai-based company was in talks with the Chinese conglomerate for the investment round from past couple of months. — EnTrackr L&L Partners advised Tence...

New Street Technologies Pvt. Ltd, which builds and operates blockchain-enabled platforms for institutional clients in the financial services segment, has raised $2 million (Rs 13.8 crore at current exchange rates) in a seed funding round led by impact investment firm Unitus Ventures. — VCCircle J Sa...

ChrysCapital, India’s largest domestic private-equity firm, has led a Rs 220-crore investment round in energy solutions company LivGuard Energy Technolgies that makes, besides traditional automotive products, batteries that drive cars and bikes using the electric power train. The transaction has als...

Sequoia Capital invested ₹ 65 crore in mattresses and sleep-products company Wakefit in exchange for 31.9% equity. With that investment, the previously bootstrapped start-up’s valuation now stands at over ₹ 210 crore, Wakefit said in a statement on Tuesday. — Mint Samvad Partners advised Wakefit Inn...

Patna-headquartered Green Agrevolution Pvt. Ltd, which operates online marketplace for farmers DeHaat, has raised Rs 20 crore in venture debt from Trifecta Capital. — Techcircle Desai & Diwanji advised Green Agrevolution Private Limited and its promoters, Shashank Kumar, Shyam Sundar Singh, Amr...

IIFL Asset Management Ltd has invested in a craft-beer maker, marking the firm’s debut deal in the alcoholic beverages segment, two people privy to the development told VCCircle. — IIFL Asset Management Desai & Diwanji advised White Owl Brewery Private Limited led by a team of partner Aneesh Gu...

IIFL Wealth Management, a subsidiary of IIFL Holdings, has issued nearly 44.90 lakh shares to a set of financial investors to raise Rs 745.71 crore by selling 5.1 percent stake. The shares were issued by the wealth management arm of IIFL Holdings to WF Asian Reconnaissance Fund, Rimco (Mauritius) Li...

Germany-based Siemens … said its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. — Firstpost Desai & Diwanji advised Siemens Project Ventures GmbH led by a team of partner Aneesh Gupte , senior a...