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Deals Digest: Companies raise $1.88 bn this week; 3 startups turn unicorns

TMT

11 February, 2022

Deals Digest: Companies raise $1.88 bn this week; 3 startups turn unicorns

Companies raised $1.88 billion in venture capital (VC) and private equity (PE) funding this week, and three startups Xpressbees,...

NewQuest-backed Cloudnine files draft papers for Rs 1,200 cr IPO

Healthcare

11 February, 2022

NewQuest-backed Cloudnine files draft papers for Rs 1,200 cr IPO

Kids Clinic India Pvt Limited, which runs maternity clinic Cloudnine, said that it has filed its draft red herring prospectus...

Altigreen raises $40 mn led by Sixth Sense Ventures, Xponentia Capital, RIL, other investors

Manufacturing

11 February, 2022

Altigreen raises $40 mn led by Sixth Sense Ventures, Xponentia Capital, RIL, other investors

Commercial electric vehicle (EV) manufacturer Altigreen Propulsion Labs Pvt Ltd has raised around Rs 300 crore (approximately...

Early-stage startups Better Opinions, Runo net capital

TMT

10 February, 2022

Early-stage startups Better Opinions, Runo net capital

Trading platform Better Opinions on Thursday said it has raised a pre-seed funding of $1 million (around Rs 7.5 crore) ......

RIL subsidiary to invest Rs 50 cr in Altigreen Propulsion Labs

Manufacturing

10 February, 2022

RIL subsidiary to invest Rs 50 cr in Altigreen Propulsion Labs

A subsidiary of Reliance Industries Ltd, controlled by billionaire Mukesh Ambani, announced the acquisition of a stake in electric...

Bollywood actor Pankaj Tripathi invests in agritech startup Krishi Network

TMT

10 February, 2022

Bollywood actor Pankaj Tripathi invests in agritech startup Krishi Network

Cultino Agrotech Pvt Ltd, which runs agritech app Krishi Network, on Thursday said it has roped in actor Pankaj Tripathi ......

Deal volume in 2021 clocks 60% spike; M&A activity to remain buoyant: PwC India

Finance

10 February, 2022

Deal volume in 2021 clocks 60% spike; M&A activity to remain buoyant: PwC India

India Inc has logged a record-high deal activity and also surpassed pre-Covid wave in the current 2021 financial year with ......

Former IIFL, Citi banker-owned travel firm Voyaah raises seed funding

Consumer

09 February, 2022

Former IIFL, Citi banker-owned travel firm Voyaah raises seed funding

Trip Stories Private Limited, which operates luxury travel platform Voyaah, on Wednesday said it had raised $500,000 (around...

Therapeutics platform Bugworks Research snags $18 mn as Series B1 led by Lightrock India

Healthcare

09 February, 2022

Therapeutics platform Bugworks Research snags $18 mn as Series B1 led by Lightrock India

Therapeutics company Bugworks Research on Wednesday said it has scooped up Series B1 funding of $18 million (around Rs 135...

Sequoia India's Amit Jain resigns to roll out his own venture

People

09 February, 2022

Sequoia India's Amit Jain resigns to roll out his own venture

Sequoia India’s Managing Director Amit Jain has stepped down from his position to launch his own startup, the venture firm...