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Joseph Rai

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Elevation Capital invests seed money in payments startup focused on millennials

TMT

29 July, 2021

Elevation Capital invests seed money in payments startup focused on millennials

Multi stage investor Elevation Capital has bet on a payments startup focused on millennials, the move broadening its financial...

Kalaari Capital to set aside $10 mn yearly for women led startups

Finance

29 July, 2021

Kalaari Capital to set aside $10 mn yearly for women led startups

Early stage venture firm Kalaari Capital said it will set aside $10 million (Rs 74.2 crore) annually to invest in ......

Sixth Sense Ventures backs plant-based meat startup GoodDot

Consumer

29 July, 2021

Sixth Sense Ventures backs plant-based meat startup GoodDot

Consumer-focused venture capital firm Sixth Sense Ventures has invested in plant-based meat company GoodDot Foods Pvt Ltd.  GoodDot...

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Osmium Global launches $50 mn India fund, partners Turiya Investments for deals

Finance

28 July, 2021

Osmium Global launches $50 mn India fund, partners Turiya Investments for deals

Indian firm Osmium Global, which had been investing in public equity globally so far, has ventured into private equity with ......

Automobile marketplace Droom turns unicorn with pre-IPO funding

TMT

28 July, 2021

Automobile marketplace Droom turns unicorn with pre-IPO funding

Online automobile marketplace Droom Technology Pvt Ltd on Wednesday said it has raised $200 million (Rs 1,486.23 crore) in pre-IPO...

Sanofi India to sell nutraceuticals' biz to Kedaara backed Universal Nutriscience

Healthcare

28 July, 2021

Sanofi India to sell nutraceuticals' biz to Kedaara backed Universal Nutriscience

Sanofi India Ltd, local unit of the French drugmaker, on Wednesday said it has received board approval to sell its ......

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Sequoia, Ribbit infuse more capital into neo-bank set up by former Google Pay execs

TMT

27 July, 2021

Sequoia, Ribbit infuse more capital into neo-bank set up by former Google Pay execs

Venture firms Sequoia Capital India and Ribbit Capital have infused fresh money into a neo-bank they seeded last year with ......

ShareChat raises funding led by Temasek, Moore Strategic; valued at nearly $3 bn

TMT

27 July, 2021

ShareChat raises funding led by Temasek, Moore Strategic; valued at nearly $3 bn

Mohalla Tech Pvt Ltd, which owns and operates Indian language social media platform ShareChat and short video platform Moj, on...

Trifecta Capital marks first close of late-stage VC fund; local book oversubscribed

Finance

27 July, 2021

Trifecta Capital marks first close of late-stage VC fund; local book oversubscribed

Trifecta Capital on Tuesday said it has marked the first close of its late-stage venture fund, less than four months ......

Venture capital backed used phone seller Cashify buys UniShop

TMT

27 July, 2021

Venture capital backed used phone seller Cashify buys UniShop

Cashify, which sells used smartphones and other electronics, on Monday said it has acquired omnichannel retail solution platform...