mValu Technology Services Private Limited, InCred’s FinTech arm, has raised $5m in its Series A funding round from Elevar Equity, according to Trilegal. Trilegal advised mValu Technology Services Private Limited , InCred’s FinTech arm, led by a team of partner Kunal Chandra and senior associates Deb...

mValu Technology Services Private Limited, InCred’s FinTech arm, has raised $5m in its Series A funding round from Elevar Equity, according to Trilegal. Trilegal advised mValu Technology Services Private Limited , InCred’s FinTech arm, led by a team of partner Kunal Chandra and senior associates Deb...

Valuedrive Technologies, which owns and operates used-car retailing platform Spinny, has raised a shade more than $13 million (about Rs 92 crore) in equity and debt financing, led by marque investment firms SAIF Partners and Accel Partners. Additionally, the round has seen Raghunandan G, cofounder o...

Education-focused fintech company Finwego … announced that it has raised $1.7 million in its seed round from SAIF Partners. A group of HNIs and angels also participated in this round. — Yourstory IC Universal Legal Advocates and Solicitors advised Finwego led by a team of senior partner Kavitha Vija...

Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund. Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capita...

Trilegal counsel Padmaja Kaul, who’d been with the firm since 2012, has joined IndusLaw in Delhi as its second litigation partner in the city.

Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial company (NBFC) specializing in loans to farmers and entities engaged in agriculture, has raised ₹387 crore ($55 million) in a Series D round led by Nuveen, the investment management arm of Teachers Insurance and Annuit...

Google has picked up a significant minority stake in hyper-local concierge and delivery player Dunzo, its first direct investment in an Indian startup underlining how the global search giant is quietly getting into an investment mode in the country. Google led a $12-million investment in the Bengalu...

Pune-based health-tech startup LiveHealth, which operates a cloud-based platform for managing medical reports, has raised $1.1 million (Rs 7 crore) in its seed round of funding from Nexus Venture Partners, a company statement said. — VCCircle IndusLaw advised Nexus Ventures IV Ltd 2018-03-05 {incomp...

Mumbai-based Cogo Freight Pvt. Ltd, which owns and operates digital freight company Cogoport, has raised Series A funding from venture capital firm Accel Partners. — VCCircle

IndusLaw advised Accel India V (Mauritius) Ltd.

2018-04-17

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ChrysCapital Advisors Llp, the largest home-grown private equity (PE) fund, has acquired a significant minority stake in Thirumeni Finance Pvt. Ltd, a Bengaluru-based non-banking financial company (NBFC) that operates under the name Varthana, according to senior executive. — Mint IndusLaw advised LG...

Chai Point has confirmed its $20 million Series C funding round, led by Paragon Partners. All existing investors - Eight Roads (Fidelity’s India PE arm), Saama Capital and DSG also invested in this round. — The Times of India IndusLaw advised Paragon Partners , Eight Roads , (Fidelity’s India PE arm...

PandoCorp Pvt. Ltd, a start-up that digitizes logistics operations for companies … said it has raised $2 million in a round led by Nexus Venture Partners. — Mint

IndusLaw advised Nexus Venture Partners

2018-04-17

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Omnivore-backed agritech startup Stellapps Technologies has raised $14 million in one of the largest equity funding rounds led by Bill and Melinda Gates Foundation and IndusAge Partners, among others. Bengaluru-based Stellapps Technologies, which is also backed by Flipkart executive chairman Binny B...

Europ Assistance India Pvt Ltd, a wholly owned subsidiary of Paris-based global assistance firm Europ Assistance Holdings (the EA Group), on Tuesday announced that the EA Group has invested Rs 50 crore in Singapore-based ONB Technologies Pte Ltd, a vehicle assistance company. Ram Seethepalli, CEO of...

“CapitalG, the growth-stage investment arm of Google’s parent company Alphabet, has led a Rs 147 crore funding round in non-banking financial company (NBFC) AYE Finance, in the process marking its first bet in the Indian financial services sector,” according to ET . IndusLaw advised existing investo...

Health and fitness startup Cure.fit has raised $120 million in its series C round of funding led by IDG Ventures, Accel Partners and Kalaari Capital with participation from Chiratae Ventures and Oaktree Capital. The round saw participation from Accel’s Growth fund and the new funds of Chiratae. — Th...

Online home design startup Livspace has raised $70 million in a funding round led by private equity firm TPG Growth and Goldman Sachs as it seeks to expand to new cities, open a large number of stores and accelerate sales growth. The Series C round of funding by Livspace (Home Interior Designs E-com...

Signzy, which provides digital onboarding solution for financial institutions, has secured Rs 24 crore from a clutch of investors led by Stellaris Venture Partners and Kalaari Capital to fuel its expansion plans. Angels including Rajan Anandan from Google, Dilip Khandwelwal from SAP Labs India, and ...

SAIF Partners has made its first investment in the drone technology space, investing $2 million in SenseHawk, a cloud-based enterprise platform leveraging Artificial Intelligence (AI) analytics on data collected from drones and other such autonomous systems. The US-headquartered company expects its ...