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Joseph Rai

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Virus has driven financial services to inflection point: Experts at VCCircle FinServ Summit

Finance

17 September, 2021

Virus has driven financial services to inflection point: Experts at VCCircle FinServ Summit

The financial services sector is one of the biggest generators of alpha for investors historically, and the pandemic has only...

Belgium-based Incofin's India Progress Fund places debut bet on Namdev Finvest

TMT

17 September, 2021

Belgium-based Incofin's India Progress Fund places debut bet on Namdev Finvest

Belgium-based Incofin Investment Management has made its first investment from its India Progress Fund by betting on Jaipur-based...

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Deep tech-focused Bharat Innovation to invest in seven startups in 6-8 months

TMT

16 September, 2021

Deep tech-focused Bharat Innovation to invest in seven startups in 6-8 months

Bharat Innovation Fund, an early-stage deep-tech investment firm, plans to invest in seven more tech startups in the next six ......

Bourse-bound Pine Labs raises $100 mn in fresh capital from US-based Invesco

TMT

16 September, 2021

Bourse-bound Pine Labs raises $100 mn in fresh capital from US-based Invesco

Payment solutions provider Pine Labs Pvt Ltd, headed for a US listing over the next 17 months, on Thursday said ......

Let food delivery apps grow first; tax them later, say industry experts

TMT

15 September, 2021

Let food delivery apps grow first; tax them later, say industry experts

Zomato initial public offering (IPO) and its stellar listing on the stock exchanges created waves in July as the food ......

Mobile Premier League gets $2.3 bn unicorn tag after funding led by Dubai's Legatum

TMT

15 September, 2021

Mobile Premier League gets $2.3 bn unicorn tag after funding led by Dubai's Legatum

Mobile Premier League (MPL) said on Wednesday that it has raised Series E funding at a pre-money valuation of $2.3 ......

Market-bound PharmEasy buys Lightrock-backed healthcare supply chain Aknamed

Healthcare

14 September, 2021

Market-bound PharmEasy buys Lightrock-backed healthcare supply chain Aknamed

Epharmacy PharmEasy, which earlier this year bought listed diagnostic firm Thyrocare Technologies in a first for an Indian startup,...

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Consumer

13 September, 2021

Sequoia-backed CarDekho closing one-third offline Gaadi stores; company calls it's "realigning"

Online marketplace for used cars, CarDekho has either shut or in the process of closing down over one-third of its ......

Suumaya Industries picks up minority stake in Carpediem backed 1-India Family Mart

TMT

13 September, 2021

Suumaya Industries picks up minority stake in Carpediem backed 1-India Family Mart

Suumaya Industries Ltd said it has acquired a minority stake in value retail chain startup 1-India Family Mart, which is ......

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How Jupiter Capital aims to emerge from the shadow of Rajeev Chandrasekhar

Finance

13 September, 2021

How Jupiter Capital aims to emerge from the shadow of Rajeev Chandrasekhar

Bangalore-based investment firm Jupiter Capital has long been synonymous with parliamentarian Rajeev Chandrasekhar, Union Minister...