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Venture Capital

GIC to invest up to Rs 2,195 cr in Aditya Birla's fashion arm for 7.5% stake

Consumer

24 May, 2022

GIC to invest up to Rs 2,195 cr in Aditya Birla's fashion arm for 7.5% stake

Fashion retailer Aditya Birla Fashion and Retail Ltd. (ABFRL) on Tuesday said its board has approved raising up to Rs 2,195...

BluSmart concludes Series A with corpus of $50 mn after current round

TMT

24 May, 2022

BluSmart concludes Series A with corpus of $50 mn after current round

BLU Smart Mobility Pvt. Ltd, which operates electric taxi-hailing platform, BluSmart raised $25 million in an extended Series...

Edtech startup Jovian raises capital from Y Combinator, others

TMT

24 May, 2022

Edtech startup Jovian raises capital from Y Combinator, others

SwiftAce Inc, which runs the data science and machine learning-focused ed-tech startup Jovian, on Tuesday said it has raised...

IIFL-backed Aether raises Rs 240 cr from 13 anchor investors via IPO

Finance

24 May, 2022

IIFL-backed Aether raises Rs 240 cr from 13 anchor investors via IPO

Ahead of the initial public offering (IPO) opening, Gujarat-based specialty chemicals company Aether Industries Limited has raised...

Investcorp to invest $400 mn Indian schooling infra

Infrastructure

23 May, 2022

Investcorp to invest $400 mn Indian schooling infra

Investcorp will deploy $400 million into Indian school infrastructure and warehousing, as it seeks to expand investments in the...

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Zilingo's letter firing Bose lists several charges but skips fraud

Finance

24 May, 2022

Zilingo's letter firing Bose lists several charges but skips fraud

The termination letter to Zilingo co-founder and chief executive Ankiti Bose lists at least four causes—including insubordination,...

eBikeGo marks final close of pre-Series A round at $5mn

TMT

23 May, 2022

eBikeGo marks final close of pre-Series A round at $5mn

Think Ebikego Pvt. Ltd, which runs electric two-wheeler mobility platform eBikeGo, on Monday said it has marked the final close...

Unacademy moves to monthly vesting of ESOPS

TMT

23 May, 2022

Unacademy moves to monthly vesting of ESOPS

Edtech unicorn Unacademy has moved to monthly vesting of its employee stock option plans (ESOPs), tweeted Co-Founder and Chief...

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

TMT

23 May, 2022

Startup co-founded by ex-Twitter India head may shut just months after raising VC money

Edtech startup Invact Metaversity, founded by former Twitter India chief Manish Maheshwari and senior software engineer at Microsoft,...

Baby products firm SuperBottoms snags $3 mn from Venture Catalysts, Saama Capital, others

Consumer

23 May, 2022

Baby products firm SuperBottoms snags $3 mn from Venture Catalysts, Saama Capital, others

Navashya Consumer Products Pvt Ltd, which runs reusable diaper brand SuperBottoms, has raised $3 million (around Rs...

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