Kieraya Furnishing Solution secured a Series C4 funding from various investors, including Lightbox Ventures II, Lightbox Expansion Fund and Crescent Enterprises Limited. Khaitan & Co advised Lightbox Ventures II and Lightbox Expansion Fund, as well as Kieraya Furnishing Solutions Private Limite...

“The Asian Development Bank (ADB) has signed an agreement to invest $50 million in Avaada Energy Private Limited (AEPL) to help the company rapidly scale up photovoltaic solar energy generation capacity in India,” according to its press release . Indian Law Partners (ILP) advised Avaada Energy led b...

Private equity player HIG Capital has invested in US-headquartered company Medusind, which provides revenue cycle management services (including billing, coding, collections, payment posting and eligibility verification) to healthcare providers, health plans or other healthcare players, third party ...

Series I investment by Germany’s Delivery Hero, Glade Brook Private Investors, Shunwei Ventures and Saturn Shine in Zomato Media, as reported by ET and others. Samvad Partners advised Zomato Media Private Limited led by a team of partner Ashwini Vittalachar ; senior associate Junaira Rahman ; and as...

“Suryoday Small Finance Bank raises fresh funding from new and existing investors: Mumbai-based Suryoday Small Finance Bank Ltd on Wednesday said it has raised Rs 248 crore ($35.8 million) from three promoters and a clutch of existing and two new investors,” reported VCCircle . J Sagar Associates (J...

“ITI Venture Fund leads funding in medical wearables maker Ten3t: Bengaluru-based medical wearable device startup Ten3t Healthcare Pvt. Ltd said it has raised an undisclosed amount in a pre-Series A round led by early-stage ITI Growth Opportunities Venture Fund of Investment Trust of India, which is...

Venture capital firm Lightbox has led a $4 million investment in Nua, a female wellness brand. Existing investor Kae Capital has also participated in this Series A funding round. Nua, operated by Lagom Labs Private Limited, creates products and services revolved around women’s health and wellness, a...

LetsTransport, a tech-enabled logistics marketplace for intra-city deliveries, has raised Rs 100 crore (around $13.5 million) in a fresh funding round jointly led by Chinese conglomerate Fosun RZ Capital and strategic investment firm Bertelsmann India Investments, as reported by VC Circle . Desai &#...

“Fintech lending platform Ziploan, which provides micro-loans of up to Rs 5 lakh to small and medium enterprises (SMEs), has raised Rs 90 crore in its Series-B funding led by venture capital firm SAIF Partners. The round also saw participation of existing investors Matrix Partners India, Waterbridge...

“Aspire Systems, a Chennai-based global technology services provider, has acquired UAE-based Oracle Fusion Cloud specialist iApps, and the Oracle business unit of Bengaluru-based Valforma Technology Services, a provider of SMAC (Social, Mobile, Analytics and Cloud) solutions,” reported the Times of ...

“Non-banking financial company Northern Arc Capital Ltd said on Tuesday that it has secured a fresh investment of Rs 910 crore (around $130 million) from a clutch of institutional investors,” reported VCCircle . Investors include IIFL Special Opportunities Fund and its Series managed by IIFL Asset M...

“SEWA Grih Rin Ltd, an affordable housing finance company of the Self-Employed Women’s Association (SEWA) Group, said it has raised Series B funding. The lender, operating under Sitara brand, has closed Rs 67 crore ($9.8 million at current exchange rate) funding round from Oikocredit, Omidyar Networ...

“Student housing company Oxfordcaps raises $8M led by Times Internet: Founded by Annu Talreja, Priyanka Gera, Oxfordcaps provides technology-driven living experience to Gen Z students in India and Singapore,” reported The Economic Times about the Series A round by Bennett Coleman and Kalaari Capital...

In February of this year, preceding the March $300m buy-in from Hyundai and Kia , Ola subsidiary Ola Electric Mobility raised $14m from investors including Matrix Partners India, Tiger Global; and Sarin Family India, according to reports . Khaitan & Co advised Ola Electric Mobility Private Limi...

TartanSense, a Bengaluru based agritech and robotics platform has raised $2 million, according to the Economic Times . IC Universal Legal Chennai advised Omnivore Partners led by a team of partner Sameena Chatrapathy , senior associate Shreya Deora , associate Raghavi Raj and company secretary Ranji...

Temasek Capital Management Pte Ltd acquired a 30% shareholding in Haldor Topsoe, including its Indian subsidiary Haldor Topsoe India Private Limited, according to a company press release . In India this included conducting due diligence of Haldor Topsoe India Private Limited (the Indian subsidiary o...

“Zoomtail raises seed capital led by Matrix Partners India - ETtech: The round also saw participation from V1 Capital, Kunal Shah, Anshuman Bapna and Shamik Sharma,” reported The Economic Times . Sahai & Co advised ZoomTail Technologies India Private Limited led by a team of partner Savyasachi ...

“NIIF invests Rs 660 cr in HDFC Capital realty platform: NIIF’s Fund of Funds has invested Rs 660 crore in HDFC’s real estate investment platform HDFC Capital Affordable Real Estate – 2 (H-CARE 2). The investment is done along with a wholly-owned subsidiary,” reported Hindu Business Line . AZB &...

“Oyo Rooms checks into unicorn club with $1 billion fundraise: Existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners have put in $800 million, with commitments for another $200 million,” reported Mint . AZB & Partners advised Oravel Stays Private Lim...

“IFC makes LP commitment to Bain-Piramal’s $1 bn India Resurgent Fund: International Finance Corporation (IFC), the private sector investment arm of the World Bank, is coming in as a Limited Partner (LP) in India Resurgent Fund, which has a mandate to acquire distressed…,” reported VCCircle . AZB &#...