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Beena Parmar

Insurtech startup GramCover raises $7 mn funding led by Siana Capital, Inflexor

TMT

04 October, 2021

Insurtech startup GramCover raises $7 mn funding led by Siana Capital, Inflexor

GramCover Insurance Brokers Pvt Ltd, which runs rural insurtech startup GramCover, announced a Series A fundraising of $7 million co-led ......

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

TMT

04 October, 2021

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

Blue-collar workforce management platform Smartstaff (previously Qikwork Services Pvt Ltd) has raised $4.3 million in funding from existing investors Blume ......

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PE-backed personal care and speciality chemical maker enters bankruptcy

Manufacturing

01 October, 2021

PE-backed personal care and speciality chemical maker enters bankruptcy

Fairwinds Private Equity-backed personal care products and speciality chemicals manufacturer has entered bankruptcy as a National Company Law Tribunal (NCLT) ......

Fintech firm Homeville raises $7 mn from 9Unicorns, Varanium NexGen Fund, others

TMT

30 September, 2021

Fintech firm Homeville raises $7 mn from 9Unicorns, Varanium NexGen Fund, others

Homeville Consulting Pvt Ltd, a housing credit enablement network, has raised $7 million (around Rs 52 crore) from 9Unicorns, Varanium ......

Insurance startup Loop Health raises $12 mn led by General Catalyst, Elevation Capital

TMT

30 September, 2021

Insurance startup Loop Health raises $12 mn led by General Catalyst, Elevation Capital

Insurance startup Loop Health has raised $12 million (about Rs 90 crore) in a Series A funding led by General ......

Ola Electric raises over $200 mn from Falcon Edge, SoftBank, others; valued at $3 bn

TMT

30 September, 2021

Ola Electric raises over $200 mn from Falcon Edge, SoftBank, others; valued at $3 bn

Ola Electric, the electric vehicle arm of ride-sharing startup Ola Cabs, said on Thursday it has raised over $200 million ......

B2B ecommerce platform OfBusiness raises $150 mn Series F funding from Tiger Global

TMT

30 September, 2021

B2B ecommerce platform OfBusiness raises $150 mn Series F funding from Tiger Global

Business to business (B2B) ecommerce platform OfBusiness has raised $194 million in its Series F funding round led by Tiger ......

DMI Alternatives hits final close of The Sparkle Fund focused on digital finance

TMT

30 September, 2021

DMI Alternatives hits final close of The Sparkle Fund focused on digital finance

DMI Alternatives, the investment manager of DMI Alternative Investment Fund (AIF) and an associate company of DMI Finance, has announced ......

Piramal aims to reduce the wholesale loan book of DHFL after merger

Finance

29 September, 2021

Piramal aims to reduce the wholesale loan book of DHFL after merger

After Piramal Capital and Housing Finance Ltd (PCHFL) merges with Dewan Housing Finance Corporation Ltd, the combined entity will aim ......

ADIA, others come in as anchors for IPO of Aditya Birla Sun Life AMC

Finance

29 September, 2021

ADIA, others come in as anchors for IPO of Aditya Birla Sun Life AMC

Abu Dhabi Investment Authority (ADIA) and IIFL Special Opportunities Fund were among 50 investors in Aditya Birla Sun Life AMC’s ......