SAIF Partners has made its first investment in the drone technology space, investing $2 million in SenseHawk, a cloud-based enterprise platform leveraging Artificial Intelligence (AI) analytics on data collected from drones and other such autonomous systems. The US-headquartered company expects its ...

New Delhi: NinjaCart, a marketing and delivery platform for agricultural produce, has raised $35 million (₹250 crore) in a Series B round led by Accel Partners (US) and Switzerland’s Syngeta Ventures, the company said on Wednesday. — Mint IndusLaw advised Accel India IV (Mauritius) Limited. 2018-12-...

Education technology startup Toppr has raised $35 million from Kaizen Private Equity and existing investors Eight Roads Ventures, Helion Ventures and SAIF Partners. Alteria Capital and Brand Capital, the strategic investment arm of the Times Group, also participated in the funding round, which was t...

Online fashion and beauty products retailer Nykaa has raised $14.4 million from private equity firm TPG Growth Capital, documents sourced from business intelligence platform Paper.vc showed. — Mint Veritas Legal advised TPG Growth IV SF Pte Ltd led by a team of partner Nandish Vyas , senior associat...

Singapore’s sovereign wealth fund GIC has acquired a ‘significant minority’ stake in Provenance Land for an undisclosed amount, the realty firm said. GIC had in December last year bought 33.34 per stake in DLF’s rental arm DLF Cyber City Developers Ltd (DCCDL) for about Rs 9,000 crore. — The Economi...

Organic products company Suminter India Organics Pvt. Ltd, which has previously raised funds from venture capital firm Nexus Venture Partners, has raised an undisclosed sum from responsAbility Investments AG’s private equity arm. The terms of the latest deal were not disclosed, but responsAbility ty...

Epiq Capital, the firm founded by former venture capitalist Rishi Navani, has closed its […] investments in […] NestAway Technologies Private Limited. — Business Standard Veritas Legal advised Epiq Capital Management LLC led by a team of partner Tushar Raut , associate Devesh Saboo . Also advising w...

Captain Zack, a pet grooming startup owned by EM Personal Care has secured $1.5 million in Pre-Series A round. The Mumbai-based startup plans to use the newly funds in marketing and brand awareness. — The Economic Times Veritas Legal advised Apar Corporation Private Limited led by a team of partner ...

Global PayEx … announced strategic investment by banking and financial services provider JP Morgan that will help the latter’s clients experience clearer electronic invoice presentation and quicker reconciliation. It offers a cloud based platform, Freepay, to facilitate electronic sharing of invoice...

Mirae Asset has invested around $35 million into ANI Technologies Private Limited, which operates ride-sharing and taxi services company Ola in its ongoing Series J round, that had also seen participation from Hyundai Motors and Kia Motors, according to reports . J Sagar Associates (JSA) advised Mir...

Metro Bikes, a rental start-up for scooters and motorcycles, has raised $12.2 million in a Series A funding round led by Sequoia Capital India and Accel Partners, which will help the start-up develop technologies and expand into newer markets. — Mint Link Legal India Law Services advised Wickedride ...

Axilor backs health-tech startup floated by Housejoy co-founder. Axilor Ventures, the startup accelerator and seed fund led by Infosys co-founders Kris Gopalakrishnan and SD Shibulal, has made [an investment in MedOps] — VCCircle Link Legal India Law Services advised MedOps Technology Private Limite...

New Lane Trading LLP made a minority co-investment in the share capital of FirstMeridian Business Services Private Limited, a staffing service provider, co-owned by Samara Capital, Goldman Sachs, and Janchor Partners, according to reports.

Beijing-based TAL Education Group, an education and technology enterprise, has invested $5 million (close to Rs 35 crore) in Vedantu, a live online tutoring company. — Business Standard Link Legal India Law services advised TAL Education Group led by a team of partner Manish Gupta ), senior associat...

Wong was a founding partner of Hong Kong-based venture capital firm Cyber Carrier, which has invested about $30 million in several Indian startups including KrazyBee. — The Economic Times Link Legal India Law services advised Cyber Carrier led by a team of partner Jyoti Maheshwari ; partner Santosh ...

Mahindra Partners, the investment arm of automobiles-to-information technology conglomerate Mahindra Group, has invested Rs 206.5 crore in specialty eye care chain Centre for Sight, with the transaction also giving Matrix Partners a complete exit from its decade-long investment in the company. — The...

Mumbai-based online marketplace for pre-owned cars Truebil has raised a fresh investment of Rs 100 core ($14 million at current exchange rates) in a mix of equity and debt, a company statement said. — VCCircle Samvad Partners advised Paix Technology Private Limited ( Truebil ) led by a team of partn...

Private equity fund Zephyr Peacock India Growth Fund has led a ₹55 crore funding round in Shiksha Finance, a Chennai-based education finance company, said a senior executive. — Mint Samvad Partners advised Shiksha Financial Services India Private Limited led by a team of partner Natasha Mahajan ; as...

Business-to-business platform for custom manufacturing – Zetwerk – has raised $9 million in a Series A round from Accel Partners while existing investors Sequoia Capital and Kae Capital also participated. — Entrackr Samvad Partners advised Zetwerk Manufacturing Businesses Private Limited led by a te...

Women-centric social network Healofy on Wednesday said it has raised $8 million (about Rs 55 crore) from China’s maternity and child-focused community platform BabyTree Group, BAce Capital, a fund anchored by Ant Financial Services Group, and existing investor Omidyar Network India. — Hindu Business...