Denmark-based Maj Invest Financial Inclusion Fund together with existing strategic shareholder, Muthoot Finance have invested around Rs 202.6 crores ($28m) in NBFC-MFI, Belstar Investment and Finance Private Limited, as reported by Business Standard . As per the reports, Maj has picked up an 11% sta...

Delhi-based Sunshine Teahouse’s cafe chain, Chaayos, has raised Rs 81 crores ($12m) in a Series B round of funding led by marquee venture capital firm SAIF Partners, Hong Kong based Integrated Capital and Singapore based growth stage investment firm Pactolus, reported VC Circle and Economic Times . ...

Colgate-Palmolive, via its Hong Kong arm, has made its first India venture capital (VC) investment, with an Rs 18 crore ($2.6m) buy of 14% in men’s grooming firm Bombay Shaving Company, reported the Economic Times . Rajaram Legal advised Bombay Shaving Company led by managing partner Archana Rajaram...

Billionaire ‘oracle’ Warren Buffett’s US-based investment fund Berkshire Hathaway is due to buy a $300-350m stake in One97 Communications, which owns Indian payment gateway Paytm, reported Mint . This would be Buffett’s first India investment, valuing the company at around $10-12bn. According to sou...

“Online marketplace Meesho, which uses social media platforms such as WhatsApp and Facebook to drive sales, has raised $11.5 million in a series-B round led by Sequoia India. Existing investors SAIF Partners, Y Combinator and Venture Highway also participated in the funding round. Meesho has so far ...

“Safecrop Holdings Pvt Ltd, a consortium of investors, including WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital, has signed a definitive agreement with the shareholders of Chennai-based Star Health & Allied Insurance Company Ltd to acquire their shares. While the company and investors ...

“Mobile app management platform Bengaluru-based Hansel Software Pvt. Ltd said it has raised $4 million led by Vertex Ventures. Existing investors IDG Ventures India and Endiya Partners also participated in the round,” reported Mint . Samvad Partners partner Nivedita Nivargi and associates Divya Shan...

“Consumer lending platform HappyEMI, owned by Hyperkonnect Technologies Pvt. Ltd, has raised $1 million (Rs 6.86 crore) from Chennai-headquartered early-stage venture firm AJ Ventures and Investments and the angel network of Jain International Trade Organisation (JITO),” reported VC Circle . Juris C...

“Hyundai Motor Company has invested in Indian self-drive car rental startup Revv, joining a raft of global carmakers backing new tech-enabled ventures that are transforming the auto industry worldwide,” reported VC Circle . Indian Law Partners (ILP) partners Gopika Pant and Vineet Gupta , senior ass...

“Tessol, a Mumbai-based start-up in the CleanTech-led cold chain logistics space, has recently raised an undisclosed amount in follow-on equity funding from early stage venture capital firm 1Crowd, and existing investors Infuse Ventures and Ankur Capital,” reported the Hindu Businessline . Legasis P...

Gurgaon-headquartered online travel marketplace, TravelTriangle has raised around Rs 78 crores ($12m) in a Series C round of funding led by Nandan Nilekani and Sanjeev Aggarwal backed growth-capital fund, Fundamentum, along with existing investors SAIF Partners, Bessemer Venture Partners, RB investments and a clutch of angel investors, as reported by The Economic Times and Money Control. The deal marks the first investment by Fundamentum, and with this. partner at Fundamentum, Ashish Kumar will join the TravelTriangle board.

“Office commute automation platform MoveInSync has raised $8 million (Rs 52 crore) in a Series B round of funding led by homegrown venture capital firm Nexus Venture Partners, a company statement said.”, reported VC Circle. The funding also saw participation from the existing investors Inventus Capital Partners, Saama Capital and Qualcomm Ventures.

“American private equity firm TPG has acquired a significant minority stake in Sai Life Sciences, a drug discovery, development and manufacturing service provider,” reported Mint . Shardul Amarchand Mangaldas managing partner Akshay Chudasama , principal associate Sayak Maity and senior associate An...

“Bigtree Entertainment Pvt. Ltd, which owns and operates BookMyShow, an online entertainment ticketing platform, has raised $100 million in Series D funding from investors led by TPG Growth,” reported Mint . Shardul Amarchand Mangaldas advised Bigtree Entertainment-owned Bookmyshow and its promoters...

“Co-working space startup IndiQube, operated by Innovent Spaces Pvt. Ltd, on Monday said it has raised $15 million (close to Rs 100 crore) in a Series A round from WestBridge Capital Partners, a public markets-focused private equity firm. The round also saw participation from Ashish Gupta, co-founder of venture capital firm Helion Ventures, who serves on the advisory board of the company,” reported VCCircle.

Online micro-lending platform SMECorner, operated by DigiKredit Finance has raised around Rs 47.5 crores (approximately $7m) through a mix of equity and debt from Capital First, existing investor Accion Africa-Asia Investment Company along with investment from a clutch of high net worth individuals,...

Bhubaneshwar-based microfinance lender, Annapurna Finance has raised Rs 155 crores ($23m) from Oman India Joint Investment Fund II, a mid-market private equity firm backed by Oman’s State General Reserve Fund and State Bank of India, as reported by VC Circle and Mint . The current fund-raise marked ...

Social e-commerce platform, Meesho has raised around Rs 77 crores ($11.5m) in a Series B funding round led by Sequoia Capital along with existing investors SAIF Partners, Y Combinator and Venture Highway, as reported by The Economic Times and Mint . With the recent fund infusion, Bangalore-based re-...

“Swiggy raised $210 million from a group of investors, catapulting India’s largest food delivery service provider into a select club of startup unicorns with a valuation of $1 billion or more. The latest funding, led by Naspers and billionaire Yuri Milner’s DST Global, values Swiggy at roughly $1.3 ...

“CDH Investments and Morningside Ventures are leading an investment of $14 million in Delhi-based online used phone seller Cashify along with existing investor Shunwei, said a third source familiar with the transactions CDH Investments confirmed the investment in Cashify adding that it is likely to ...