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Faasos backer Lightbox overshoots target for third venture capital fund

Finance

17 September, 2019

Faasos backer Lightbox overshoots target for third venture capital fund

Venture capital firm Lightbox India Advisors Pvt. Ltd has finished the capital-raising process for its third fund after exceeding the ......

Rajan Anandan, other IAN investors back health-tech startup PlusPin

TMT

16 September, 2019

Rajan Anandan, other IAN investors back health-tech startup PlusPin

Health-tech startup PlusPin Healthcare has raised Rs 5.25 crore ($708,720) in its seed round of funding from a clutch of ......

Premium
Sector watch: Can dental care chains attract new investors and step up growth?

Healthcare

16 September, 2019

Sector watch: Can dental care chains attract new investors and step up growth?

In 2012, India Equity Partners (IEP) bought a majority stake in New Delhi-based Axiss Dental Pvt. Ltd. That was the ......

Premium
Investors, startups must avoid valuation hype: Vertex Ventures' Ben Mathias

Finance

16 September, 2019

Investors, startups must avoid valuation hype: Vertex Ventures' Ben Mathias

Vertex Venture Holdings Ltd, an early-stage venture capital firm backed by Singapore's Temasek Holdings, has raised $290 million for its ......

OkCredit, InMobi's Glance lead startup funding deals this week

TMT

13 September, 2019

OkCredit, InMobi's Glance lead startup funding deals this week

Fintech firm OkCredit closed a big Series B funding round led by Lightspeed and Tiger Global to top the list ......

OkCredit raises Series B funding from Lightspeed, Tiger Global

TMT

13 September, 2019

OkCredit raises Series B funding from Lightspeed, Tiger Global

Fintech firm OkCredit has raised $67 million (Rs 476.2 crore) in its Series B round of funding led by Lightspeed ......

Fintech lender NeoGrowth raises debt funding from Proparco

Finance

13 September, 2019

Fintech lender NeoGrowth raises debt funding from Proparco

NeoGrowth Credit Pvt. Ltd, a small and medium enterprises-focused fintech lender, has raised $17 million (Rs 120.8 crore) in debt ......

Apollo Hospitals' promoter Reddy family sells stake to pare debt

Healthcare

12 September, 2019

Apollo Hospitals' promoter Reddy family sells stake to pare debt

India's largest private hospital chain Apollo Hospitals Enterprise Ltd on Thursday said its promoter Reddy family has offloaded a portion ......

Everstone healthcare platform appoints Raman Gandotra as CEO

People

11 September, 2019

Everstone healthcare platform appoints Raman Gandotra as CEO

Everlife, the pan-Asian healthcare platform of private equity firm Everstone Capital, has appointed Raman Gandotra as its new CEO. Gandotra will ......

IAN Fund backs waterless solar panel cleaning startup Nocca Robotics

TMT

11 September, 2019

IAN Fund backs waterless solar panel cleaning startup Nocca Robotics

Nocca Robotics Pvt. Ltd, a waterless robotic cleaning solution provider, has raised Rs 12.4 crore ($1.67 million) from the early-stage ......