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Kotak plans to enter venture capital, debt, buyout space

Finance

20 June, 2022

Kotak plans to enter venture capital, debt, buyout space

Kotak Investment Advisors Ltd (KIAL), the alternate assets arm of Kotak Mahindra Group, plans to expand into venture capital,...

Softbank-backed Unacademy sacks 150 staff in second layoff drive

TMT

19 June, 2022

Softbank-backed Unacademy sacks 150 staff in second layoff drive

Edtech unicorn Unacademy has asked 150 employees to leave after a performance improvement plan. This comes after Unacademy,...

Sequoia, Cred's Kunal Shah, others invest $12 mn in fintech firm PayGlocal

TMT

19 June, 2022

Sequoia, Cred's Kunal Shah, others invest $12 mn in fintech firm PayGlocal

Bengaluru-based cross-border payments startup PayGlocal has raised Series B funding of $12 million (around Rs 92 crore) co-led...

B2B insurtech platform Pazcare snags Series A led by Jafco Asia

TMT

17 June, 2022

B2B insurtech platform Pazcare snags Series A led by Jafco Asia

Pazcare, an employee benefits and insurtech platform, said it has raised $8.2 million (around Rs 64 crore) in a Series ......

Canbank VC fund, others back automotive aftermarket startup Koovers

TMT

17 June, 2022

Canbank VC fund, others back automotive aftermarket startup Koovers

Koovers, a buinsess-to-business (B2B) automotive aftermarket quick commerce startup, has raised $1 million in pre-Series A funding...

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Deals Digest: Companies raise $632 mn this week; ShareChat parent valued at $5 bn after closing $520 mn round

TMT

17 June, 2022

Deals Digest: Companies raise $632 mn this week; ShareChat parent valued at $5 bn after closing $520 mn round

Companies raised $632 million in venture capital (VC) and private equity (PE) funding this week, lower than last week’s...

Omnivore ropes in America's development finance institution as LP in new fund

Finance

17 June, 2022

Omnivore ropes in America's development finance institution as LP in new fund

Agritech focused venture capital firm Omnivore has roped in America’s development finance institution, US International...

Sequoia, Falcon Edge, others invest $40 mn in esports firm FanClash

TMT

17 June, 2022

Sequoia, Falcon Edge, others invest $40 mn in esports firm FanClash

Fanbuff Technology India Private Limited, which runs e-sports platform FanClash, on Friday said it has raised Series B funding...

Coromandel's VC arm, others invest in agritech firm Ecozen

TMT

16 June, 2022

Coromandel's VC arm, others invest in agritech firm Ecozen

Pune-based agritech startup Ecozen Solutions Pvt. Ltd on Thursday said it has secured Rs 54 crore (around $7 million) as ......

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Former Tiger Global exec-floated Rise Capital aims to allocate quarter of its funds to India

TMT

16 June, 2022

Former Tiger Global exec-floated Rise Capital aims to allocate quarter of its funds to India

US-based emerging markets-focused venture capital firm Rise Capital, which entered India this year, expects to allocate around...

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