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InCred seeks to raise $150 mn to fund expansion

Finance

31 January, 2023

InCred seeks to raise $150 mn to fund expansion

Corporate financer InCred Financial Services Ltd is in talks with pension and sovereign wealth funds to raise $150 million to fund ......

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WayCool Foods in talks to raise $60 mn for organic growth

TMT

26 January, 2023

WayCool Foods in talks to raise $60 mn for organic growth

Food and agritech startup WayCool Foods & Products Pvt. Ltd is in initial talks to raise $50-60 million (₹408-490 crore) ......

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Acko to close up to $150 mn funding from CPP Investments, General Atlantic, others

Finance

25 January, 2023

Acko to close up to $150 mn funding from CPP Investments, General Atlantic, others

Digital insurance provider Acko General Insurance is close to raising $100-150 million (around ₹820-1,200 crore) from new and existing investors, ......

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Insurtech startups looking at revival this year after a cold 2022

Finance

24 January, 2023

Insurtech startups looking at revival this year after a cold 2022

Equity fundraising by insurtech startups fell 39% in 2022 but industry experts say this year may mark a revival. These ......

Bain-backed 360 ONE floats two venture funds

Finance

18 January, 2023

Bain-backed 360 ONE floats two venture funds

Bain Capital-backed 360 ONE, formerly IIFL Wealth and Asset Management, has announced two new early-stage funds totalling ₹1,700 crore, including ......

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Motilal Oswal to bet ₹2.5K cr on buoyant realty mkt

Finance

17 January, 2023

Motilal Oswal to bet ₹2.5K cr on buoyant realty mkt

Motilal Oswal Alternates, the alternative investment arm of the Motilal Oswal Group, is set to invest a total of ₹2,500 ......

Byju's rolls out new sales strategy in answer to mis-selling concerns

Consumer

16 January, 2023

Byju's rolls out new sales strategy in answer to mis-selling concerns

Edtech decacorn Byju’s is replacing its existing direct sales strategy with a virtual process to avoid mis-selling, a senior company ......

NIIF to invest ₹400 crore in Lighthouse India's fourth fund

Consumer

16 January, 2023

NIIF to invest ₹400 crore in Lighthouse India's fourth fund

National Investment and Infrastructure Fund Ltd’s (NIIF) Fund of Funds will make an anchor commitment of ₹400 crore (about $49 ......

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Former ICICI Venture, Tano Capital execs float consumer fund

Consumer

13 January, 2023

Former ICICI Venture, Tano Capital execs float consumer fund

Two investment managers, formerly with ICICI Venture, Multiples Private Equity (PE) and Tano Capital, have floated early-stage venture firm Prath Ventures to raise a ......

IIFL AMC onboards TrueScale Capital with Sameer Nath to head alternative biz

Finance

12 January, 2023

IIFL AMC onboards TrueScale Capital with Sameer Nath to head alternative biz

IIFL Asset Management (IIFL AMC) and mid-stage investment firm TrueScale Capital have announced a partnership to combine their venture capital ......