Private equity / VC

Rajaram, in-house do $4m seed round of Saveo Healthtech from Matrix

Saveo Healthtech, a B2B e-commerce marketplace for pharmacies, … said it has raised $4 million (about Rs 29.1 crore) in funding, co-led by Matrix Partners India and RTP Global. — Moneycontrol Rajaram Legal advised Matrix Partners India and RTP Global led by a team of senior associate Mihir Roy , ass...

Touchstone, Indus, Quillon, Desai fire up $20m pre-IPO BBQ Nation stake by Jubilant, others

Jubilant (the lead investor), Xponentia (the new investor) along with certain other investors invested in the pre-IPO fundraising of Barbeque Nation and acquired around 17% of equity stake in the Barbeque Nation out of which Jubilant acquired 10.76 % equity stake. Jubilant FoodWorks Ltd (JFL) … said...

D&D, Kochhar, Legasis do 16% HT Media investment in Hubhopper

Investment of Hindustan Media Ventures Limited in Parijat Innovations Private Limited (Hubhopper), by subscribing to certain equity and compulsorily convertible preference shares, aggregating to 15.79% stake in the company on a fully diluted basis. It is the first investment of HT Group in a company...

Legasis acts on Series A in Snackible

Snackible, an affordable health snacks company, has announced that it has garnered an undisclosed amount in Pre-Series A round through ah! Ventures. The funding round also saw the participation of 1Crowd, JITO and Mumbai Angels. — Asiatechjournal Legasis Partners advised 1Crowd Fund led by a team of...

KT acts on Shell Foundation, SmartE funding in RevFin e-3-wheelers in UP

Revfin has received funding from Shell Foundation (in partnership with SmartE) to enable and promote adoption of electric three wheelers in eastern Uttar Pradesh, according to reports . KT Advisors LLP advised Revfin Services Private Limited led by a team of managing partner Kalpataru Tripathy and p...

Quillon, Anoma act on $20m Series C for CropIn agritech from Temasek

CropIn, an artificial intelligence and data-based agritech startup, has raised $20 million in a funding round led by Temasek Holdings Pte-backed ABC World Asia, as the coronavirus pandemic accelerates the adoption of digital technologies in farming. — Mint Quillon Partners advised ABC World Asia Pte...

JM+P acts on $7.5m Ergos Series A from UK’s CDC

New Delhi: Agritech startup Ergos has received Rs 22.5 crore from United Kingdom’s CDC Group to close its Rs 81-crore Series A funding round. The Bengaluru-based company had previously raised Rs 35 crore from Aavishkaar Capital and Rs 23.5 crore from Chiratae Ventures in March and October, respectiv...

L&L acts for Gaja Cap on $32m Series B for LeadSquared SaaS player with MD&T

Software as a service (SaaS) platform LeadSquared has raised $32 million in a Series-B funding round led by Gaja Capital. Existing investors, Stakeboat Capital and Jyoti Bansal also participated in the round, the largest for the company, demonstrating its strong growth trajectory. — Mint L&L Pa...

Rajaram, CAM do $14.2m Jumbotail Series B fundraise

Jumbotail, a business-to-business e-commerce marketplace for food and grocery products, has raised $14.2 million in fresh funding led by VII Ventures, bringing to a close the company’s $44 million Series B round. — The Economic Times Rajaram Legal advised Jumbotail Technologies Private Limited led b...

Argus acts for Kotak PE on investment in Bangalore’s Eyestem

Kotak Private Equity invested in Eyestem, a Bengaluru based cell therapy company. Eyestem has raised this funding from Kotak for using its patented flagship product, EyecyteRPE, to treat dry age-related macular degeneration through first in man clinical trials, according to the company’s press relea...

Jerome acts on $2m deal Amica Financial Series A1

Series A1 Funding in Amica Financial Technologies Private Limited Amica Financial Technologies Private Limited, led by Jitendra Gupta, raised approximately INR 14.4 crores in its Series A1 funding round from Hummingbird Ventures III Comm. VA, Bedrock Capital II, LP, Bedrock Capital Entrepreneurs Fun...

IC acts on $0.7m buy into Agri10x farming blockchain business from Omnivore

Agri10x provides a blockchain and AI-enabled e-marketplace that connects farmers directly with buyers, helping them sell their produce at competitive prices. — The Economic Times IC Universal Legal Advocates and Solicitors advised Icognitive Global Private Limited , operating as Agri10x , led by a t...

Indus, Bharucha, NDA act on Unacademy $50m stake increase

Bengaluru: Unacademy has concluded a secondary transaction round that saw Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic purchase $50 million-worth of shares from existing investors to increase their stake in the edtech startup. — The Economic Times IndusLaw advised...

Phoenix acts for unicorn Pine Labs on $100m fundraise with CAM, NDA, AZB, KCo

Home-grown payments solution provider Pine Labs, on Monday, announced that it has raised close to $100 million from Lone Pine Capital as part of secondary and primary share sale. This investment round has taken the company’s valuation from $1.6 billion to $2 billion within a year. — Mint Phoenix Leg...

DSK reps Sonu Sood on investment into S&R’s Spice Money to ‘empower rural entrepreneurs’

Spice Money has joined hands with actor Sonu Sood to digitally and financially empower onecrore rural entrepreneurs. Since the start of the COVID-19 pandemic Sonu Sood’s goal has been to help those in need in the remotest corners of the country, while Spice Money’s aim has been to strengthen the cou...

Ikigai for India’s largest cryptocurrency exchange CoinDCX on $14.5m Series B with Goodwin

Cryptocurrency exchange platform, CoinDCX has raised Rs 100 crore ($13.9 Million) in series B funding round led by a series B round was led by Block.one and included DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack. — The Economic Times Ikig...

GameChanger, Algo act on $1.6m investment from GIF in early years education start-up Chrysalis

metadesc: GameChanger Law Advisors advised Global Innovation Fund led by a team of founding partner Amrut Joshi , senior associate The Global Innovation Fund, GIF, announced today it is investing $1.6 million investment in EZ Vidya Private Limited which operates under the brand name ‘Chrysalis’, an ...

Indus retains Zomato in $660m round with SAM, AZB, L&L, Khaitan for investors with foreigns

Food delivery company Zomato Media Pvt. Ltd has completed a staggered fundraise that added $660 million (Rs 4,851 crore) to its coffers at a post money valuation of $3.9 billion, its co-founder and chief executive Deepinder Goyal, tweeted… — VCCircle IndusLaw advised Zomato Private Limited led by a ...

Cars24 re-briefs AP for $200m unicorn Series E • Indus scores Unbound post partner move

Online platform to sell second-hand cars CARS24 has raised a $200 million Series E funding round led by DST Global with participation from existing investors including Exor Seeds, Moore Strategic Ventures, and Unbound. The company is the latest addition to the growing list of unicorns in India with ...

Indus acts for Unacademy mega fundraise into two-billiion-dollar valuation territory with Bharucha, NDA, Gunderson

Education technology startup Unacademy has raised an undisclosed amount from Tiger Global Management and Dragoneer Investment Group, valuing the Bengaluru-based company at $2 billion. The latest investment comes just two months after Unacademy raised $150 million led by SoftBank Vision Fund 2 at a v...