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Narinder Kapur

Ideaspring, Rebright, ABB invest in electric vehicle services startup Numocity

TMT

15 January, 2020

Ideaspring, Rebright, ABB invest in electric vehicle services startup Numocity

Numocity Technologies Pvt. Ltd, a startup that provides digital solutions for electric mobility infrastructure, has raised funding from a clutch ......

KKR to inject $150 mn into India NBFC after spike in bad loans, top-deck shuffle

Finance

15 January, 2020

KKR to inject $150 mn into India NBFC after spike in bad loans, top-deck shuffle

Private equity firm KKR & Co. Inc. has committed $150 million (about Rs 1,063 crore) to its Indian non-banking finance ......

Swiss impact investor responsAbility hits first close of climate debt fund

TMT

14 January, 2020

Swiss impact investor responsAbility hits first close of climate debt fund

Zurich-based impact investor responsAbility Investments AG has launched a climate debt fund focussed on emerging countries and markets, with a ......

Sequoia accelerator Surge leads pre-seed funding in fintech firm Klub

TMT

14 January, 2020

Sequoia accelerator Surge leads pre-seed funding in fintech firm Klub

Klub Works Pvt. Ltd, a financial technology startup focussed on providing financing to brands, has raised $2 million (approximately Rs ......

Hero Cycles buys into German e-bike maker in overseas push

Manufacturing

13 January, 2020

Hero Cycles buys into German e-bike maker in overseas push

Hero Cycles Ltd, the bicycle manufacturing unit of Hero Motors Company, has acquired a stake in German premium e-bike maker ......

Sequoia, others deposit $13.2 mn into neo-banking startup EpiFi

TMT

13 January, 2020

Sequoia, others deposit $13.2 mn into neo-banking startup EpiFi

EpiFi Technologies Pvt. Ltd, which operates a neo-banking startup, has raised $13.2 million (approximately Rs 93.49 crore at current exchange ......

Chiratae Ventures leads Series A funding in e-logistics firm Pando

TMT

13 January, 2020

Chiratae Ventures leads Series A funding in e-logistics firm Pando

PandoCorp Pvt. Ltd, which operates e-logistics firm Pando, has raised Rs 64 crore (approximately $9 million at current exchange rates) ......

CDC, DGGF come as LPs as Ankur Capital marks first close of second VC fund

Finance

13 January, 2020

CDC, DGGF come as LPs as Ankur Capital marks first close of second VC fund

Impact investor and early-stage venture capital firm Ankur Capital has hit the first close of its second fund at Rs ......

SoftBank ropes in another tech giant honcho for Vision Fund

People

10 January, 2020

SoftBank ropes in another tech giant honcho for Vision Fund

The manager of the $100 billion Vision Fund of Japan's SoftBank Group has roped in interim Google India head as ......

PayU buys Nexus-backed Paysense in big-ticket fintech M&A

TMT

10 January, 2020

PayU buys Nexus-backed Paysense in big-ticket fintech M&A

Prosus Ventures-backed payments technology company PayU has bought digital consumer credit startup Paysense in its largest India acquisition. PayU is acquiring ......