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Binu Paul

Sequoia, Verlinvest lead growth round in Purplle; IvyCap books partial exit

TMT

22 March, 2021

Sequoia, Verlinvest lead growth round in Purplle; IvyCap books partial exit

Online beauty products marketplace Purplle, operated by Mumbai based Manash Lifestyle, has raised $45 million (Rs 325 crore as per current exchange rates) in a funding round led ......

Policybazaar raises $75 million for UAE expansion

TMT

18 March, 2021

Policybazaar raises $75 million for UAE expansion

PB Fintech-run online insurance aggregator Policybazaar has raised $75 million in a fresh funding round led by New York-based hedge ......

Flourish, Omidyar co-lead Series B funding in payments infrastructure platform YAP

TMT

16 March, 2021

Flourish, Omidyar co-lead Series B funding in payments infrastructure platform YAP

Chennai headquartered M2p Solutions, which owns payments infrastructure platform YAP, has raised $10 million (about Rs 73.2 crore) in a ......

India Accelerator partners with Artha Venture Fund for Summer 2021 batch

TMT

15 March, 2021

India Accelerator partners with Artha Venture Fund for Summer 2021 batch

India Accelerator, which runs a seed stage accelerator programme, has collaborated with early-stage micro venture capital firm Artha Venture Fund ......

FarEye acqui-hires logistics startup PY Technology

TMT

05 March, 2021

FarEye acqui-hires logistics startup PY Technology

Delhi-based RoboticWares, which owns and operates SaaS logistics platform FarEye, has acqui-hired logistics technology startup PY Technology. Financial terms of the ......

Crypto fund FD7 Ventures launches $250 mn micro-fund in India

TMT

01 March, 2021

Crypto fund FD7 Ventures launches $250 mn micro-fund in India

Dubai-based crypto investment fund FD7 Ventures has opened its first India office in Bengaluru and launched a $250 million micro-fund ......

Unacademy acquires Blume Ventures-backed TapChief

TMT

16 February, 2021

Unacademy acquires Blume Ventures-backed TapChief

Sorting Hat Technologies, which runs edtech unicorn Unacademy, has acquired a majority stake in Pilani Experts Technology Labs-owned professional networking ......

Amazon partners with Foxconn arm to manufacture devices in India

Manufacturing

16 February, 2021

Amazon partners with Foxconn arm to manufacture devices in India

Ecommerce marketplace Amazon is set to start its first device manufacturing line in India later this year.  The Indian arm of ......

Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

Healthcare

11 February, 2021

Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

New York headquartered private equity investor Warburg Pincus, and PremjiInvest, the family office of Wipro founder chairman Azim Premji, have ......

Premium
SoftBank executive picks up stake in IPO-bound foodtech unicorn Zomato

TMT

05 February, 2021

SoftBank executive picks up stake in IPO-bound foodtech unicorn Zomato

A top SoftBank Group Corp executive and the founder of a hyperlocal startup have picked up stakes in Gurugram headquartered ......