Mumbai-based online lending startup Kissht, operated by OnEMi Technology Solutions has raised Rs 67 crore (USD 10 million) led by China’s Fosun International along with existing investors, venture capital firm Endiya Partners and early-stage investor Ventureast, as reported by VC Circle.

“Mid-market private equity firm Gaja Capital and global PE buyout specialist KKR have jointly led a Rs 980-crore investment in Avendus Capital, as the domestic financial services firm looks to scale up its asset management and newly-launched credit businesses,” reported the Economic Times.

Online lending startup Ziploan, operated by Delhi-based Blue Jay Finlease, has raised Rs 20 crores (around $3m) in a funding round led by Matrix Partners India along with existing investors Whiteboard Capital, Waterbridge Ventures, Capital 18 Managing Director Sarabvir Singh & GrowX Projects as reported by VC Circle and The Economic Times.

Online insurance selling platform Policybazaar, which is operated by ETechAces Marketing and Consulting, has raised Rs 515 crore ($79 million) in a Series E funding round, as reported by VC Circle.

“Private equity firm IDFC Alternatives has invested Rs 75 crore ($11 million) for a minority stake in ASG Eye Hospitals,” reported VCCircle.

"Budget-hotel tech company Treebo has raised Series C funding of $34 million led by Hong-Kong based investment firms Ward Ferry Management and Karst Peak Capital. Existing investors SAIF Partners, Bertelsmann India Investments and Matrix Partners also participated in the round," reported Your Story.

"B9 Beverages Pvt. Ltd has raised around $8 million from venture capital fund Sequoia Capital India Advisors, said Ankur Jain, founder of the company that sells the popular Bira 91 craft beer. With the latest round of funding from Sequoia Capital, B9 Beverages has so far raised around $30 million," reported Mint.

"Non-banking finance company Five Star Business Finance has raised Rs 333 crores (about $50 million) in its Series C round led by Norwest Venture Partners and Sequoia Capital. Existing investors including a fund managed by Morgan Stanley Private Equity Asia and Matrix Partners also participated in the round. The round saw Five Star raising Rs 318 crores through primary infusion with about Rs 15 crores coming in via a secondary sale of shares," reported the Economic Times.

"Milestone Commercial Advantage Fund made its first investment in June in The Capital, a commercial building in Mumbai’s Bandra-Kurla Complex," reported the Economic Times.

"Green Visor Capital announces follow-on investments in Flutterwave and Simpl, two emerging payments companies targeting commerce in Africa and India, respectively," according to News Wire.

Khaitan & Co Bangalore partner Ganesh Prasad with associate partner Vinay Joy, principal associate Arun Scaria and senior associate Sanjay Khan Nagra represented Indian Singapore-headquartered e-commerce Flipkart on the $2.5bn investment.

"Budget hotels chain FabHotels has raised $25 million in a Series B funding round led by Goldman Sachs, a top company executive said. Accel Partners, an existing investor in FabHotels, also participated in the round," reported Mint.

"Online pharmacy and healthcare services start-up 1mg Technologies Pvt. Ltd has raised $15 million in a funding round led by global healthcare-focused fund HBM Healthcare Investments AG, to launch predictive healthcare and corporate wellness products. The series C round also saw participation from existing investors Maverick Capital Ventures, Sequoia India, Omidyar Network and Kae Capital," reported Mint.

"KKR, one of the largest PE investors in the world, signed a definitive agreement on Monday to invest $200 million for a 49% stake in Radiant Life Care," reported the Economic Times.

"Trade financing company Vayana Network, which recently split from parent company Vayana (VPL), has raised $4 Million (about Rs 26 crore) from venture capital firms IDG Ventures India and Jungle Ventures," reported Indian CEO.

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