Indian venture capital firm Saama Capital has raised $30.3 million (Rs 205 crore) under its third fund, as per a filing with the US Securities and Exchange Commission. It has set a target of raising around $50 million in the fund, the filing shows.
Modern Family Doctor Pvt. Ltd (MFD), a chain of neighbourhood clinics and pharmacies, plans to raise fresh funds as it seeks to enter new geographies and more than double the number of its clinics in 18 months, a top company executive told VCCircle.
Bangalore-based pediatric healthcare chain AddressHealth Solutions India Pvt. Ltd has raised $1.5 million (around Rs 10 crore) in a Series A funding round led by US-based Gray Matters Capital. Existing investor Unitus Seed Fund also participated in the round, it said in a statement.
Delhi-based Roast Media Pvt. Ltd, which operates mobile entertainment app Roast, has raised an undisclosed amount in funding from Indian Angel Network (IAN). The funding was led by Sanjay Mehta who will also join the company’s board.
Aavishkaar Venture Management, a venture capital firm focused on enterprises engaged in India's rural areas and the bottom-of-the-pyramid (BoP) segment, has invested $2 million in Bangladesh-based payment solutions provider CloudWell Ltd.
S.B. WebTech Pvt Ltd, which operates product aggregation and cashback website Baggout, is in talks to raise funding from the Indian Angel Network and some individual investors, two people close to the development told VCCircle.
Fitmeal Solutions Pvt. Ltd, an online food-tech venture that delivers meals prepared at its kitchens under Eatonomist, has raised an undisclosed amount in seed investment from MCube Capital Advisors Pvt Ltd, a top company executive told VCCircle.
Delhi-based Survar Media Pvt. Ltd, which runs online fashion discovery platform Hoppingo, has raised its second round of funding from one of the country's top affiliate marketing networks, a top company executive told VCCircle.
Piramal Fund Management, the real estate investment arm of Piramal Group, has invested Rs 425 crore (about $63 million) in an ongoing residential project of Lodha Group, the Mumbai-based developer said in a statement.
B Capital Group, the venture capital firm started by Facebook co-founder Eduardo Saverin and Silicon Valley Indian-origin investor Raj Ganguly, has raised $143.6 million (about Rs 965 crore) that it plans to invest in India and Southeast Asia.
Sports-focused digital broadcast network Veqta has raised $500,000 (Rs 3.4 crore) in a seed round of funding from early stage venture capital firm Chatsworth Management and sports management company ITW Consulting Pvt. Ltd, it said in a statement.
Fitastik, a cloud-based healthcare technology platform that provides medical record keeping services to users on their smartphones, is close to raise its pre-Series A round of funding from a couple of venture capital firms, a top company executive told VCCircle.
Delhi-based SBGK Online Ventures Pvt. Ltd, which runs online on-demand domestic help booking platform Bookmychotu, is close to raising an angel round of funding from a clutch of investors, a top company executive told VCCircle.