Worxogo, an enterprise start-up, has raised ₹16.5 crore in Series A funding from Inventus India and Ideaspring Capital. The company will use the funds primarily to scale its Artificial Intelligence (AI) engine Mia and enter the global markets. — Hindu Business Line Samvad Partners advised Inventus I...

Healofy, a pregnancy-parenting social network, has raised $1 million (Rs 6.4 crore) in seed funding from impact investor Omidyar Network, a company statement said. — VCCircle Samvad Partners advised Omidyar Networks led by a team of partner Neela Badami ; and associate Surabhi Rao . 2018-03-05 Deal ...

Bengaluru-based fintech startup Open Financial Technologies has raised an undisclosed amount of pre-series A funding led by Unicorn India Ventures and Recruit Co. Ltd, through its investment subsidiary RSP India Fund LLC. — Inc42 Samvad Partners advised Open Financial Technologies Private Limited le...

Samvad Partners advised RVCF India Growth Fund – RVCF Trust – III led by a team of partner Nivedita Nivargi; senior associate Samyuktha Damojipurapu; and associate Surabhi Rao.

Online furniture seller Wooden Street has raised $1 million in its Series A funding round from Rajasthan Venture Capital Funds (RVCF). The funding was supervised by Growth India Fund. reported Entrackr . Samvad Partners advised RVCF India Growth Fund – RVCF Trust - III led by a team of partner Nived...

“Sealing its debut investment, growth-capital firm The Fundamentum Partnership has poured $12 million (Rs 78 crore) in holiday-packages marketplace TravelTriangle. The investment company, which led the Series C investment round in the firm, was floated by Infosys co-founder Nandan Nilekani and Helio...

“Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial services company (NBFC) focusing on loans to farmers and entities engaged in agriculture, on Tuesday said it raised Rs150 crore in a round led by responsAbility Investments AG, with participation from existing investo...

“An NBFC focused on two-wheeler financing Wheels, EMI Private Limited … announced that it has raised Rs. 100 cr in Series B funding,” reported The Economic Times . Samvad Partners advised WheelsEMI Private Limited led by a team of partner Vineetha MG ; partner Aparna Ravi ; partner Neela Badami ; se...

Udaan, “founded by three former senior executives of Flipkart, is in advanced talks to raise $225 million from existing investors DST Global and Lightspeed Venture Partners’ global fund, according to two people familiar with the development,” reported The Economic Times . Link Legal India Law servic...

“Mumbai-based FMCG startup QwikPik Technology, which owns and operates YumLane, has raised $4 Mn in a Series A round of funding led by Singapore-based family office RB Investments,” reported Inc42 . Samvad Partners advised Qwikpik Technologies Private Limited , which owns Qwikpik , and RB Investment...

MSD, an artificial intelligence-based company incorporated under the US laws, represented by its Founders, Ashwini Asokan and Anand Chandrasekhar, has raised Series B round of investment from its lead investor, Falcon Edge and its existing investors, Sequoia Capital Investments and Global Brains, ac...

“Private sector lender ICICI Bank has acquired a 9.9 per cent stake in fintech firm Arthashastra Fintech Private Limited for a cash consideration of ₹8.27 crore,” reported Hindu Business Line . “Private sector lender ICICI Bank has acquired a 9.9 percent stake in fintech firm Arthashastra Fintech Pr...

“Early-stage investor Inventus Capital Partners, which backs Indian and US startups, has placed a bet on Bengaluru-based AptEner Mechatronics Pvt. Ltd, which makes and sells motorcycle riding and safety gear under the brand name BluArmor,” reported VCCircle . Mani Chengappa & Mathur advised Apt...

“Some of the other finance deals closed by General Atlantic include Karvy Fintech, IIFL Wealth Management, BillDesk, IndusInd Bank and NSE. Värde’s known bets in India include its stressed asset joint venture with Aditya Birla ARC and an investment in Altico Capital India,” VCCircle reported. Shardu...

“Online tutoring start-up Byju’s valuation has reached $2 billion following a $100 million investment by private equity player General Atlantic India in a single tranche for a 5 per cent stake sources aware of the deal confirmed. The transaction marks GA’s first investment in the education space,” r...

“Gurgaon-based online grocery startup Grofers India Pvt. Ltd has raised Rs 400 crore (around $62 million) in a Series E round led by existing investor Japanese Internet conglomerate SoftBank,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Grofers led by a team of partner Puja Son...

“CPP Group PLC said … it invested GBP2 million into Indian business process management firm Globiva, with a commitment to further support Globiva’s growth plans,” reported Morningstar . KNM & Partners advised Globiva Services Private Limited led by a team of senior partners Mukesh Kumar and Muk...

“NEW DELHI: Rebel Foods, owneroperator of internet kitchen brand Faasos, is in talks with investors to raise a little over $100 million (Rs 735 crore), as it looks to enter overseas markets and expand both its product range and cloud kitchen presence nationally, three people aware of the development...

“OnEMI Technology Solutions Pvt. Ltd, which runs digital lending startup Kissht, has raised Series C funding from investors led by Vertex Ventures Southeast Asia & India and Sistema Asia Fund,” reported VCCircle . Shardul Amarchand Mangaldas & Co advised Sistema Asia Fund Pte. Ltd. led by ...

“Mumbai-based mid-market private equity firm Gaja Capital has made its second bet on the edtech market as it has reportedly acquired a significant minority stake in sports education and training company KOOH Sports for $10.17 Mn (INR 75 Cr),” reported Inc42 . L&L Partners advised Gaja Capital w...