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Family offices of Havells owner, Mankind Pharma bet on defence startup

TMT

24 February, 2022

Family offices of Havells owner, Mankind Pharma bet on defence startup

The family offices of QRG Group, which owns the Havells brand, and pharmaceuticals company Mankind Pharma have invested in defence...

Accel, Lightrock co-lead to write $100 mn cheque to neobanking platform Niyo

Finance

24 February, 2022

Accel, Lightrock co-lead to write $100 mn cheque to neobanking platform Niyo

Consumer neobanking company Niyo, operated by Finnew Solutions, on Thursday said it has racked up $100 million in a Series ......

Prime Venture Partners marks final close of fourth fund at $120 mn, exceeds target

Finance

24 February, 2022

Prime Venture Partners marks final close of fourth fund at $120 mn, exceeds target

Early-stage venture capital firm Prime Venture Partners on Thursday said it has marked the final close of its fourth fund ......

Yamaha Motor bets on bike rental platform Royal Brothers

TMT

24 February, 2022

Yamaha Motor bets on bike rental platform Royal Brothers

Yamaha Motor on Thursday said it has invested an undisclosed amount in bike rental company Royal Brothers via its Moto ......

Animoca Brands, Coinbase, others back NFT-focused platform bitsCrunch

TMT

24 February, 2022

Animoca Brands, Coinbase, others back NFT-focused platform bitsCrunch

bitsCrunch, a blockchain analytics platform focused on non-fungible token (NFT), said it has raised private funding of $3.6 million...

Lightspeed sets up dedicated India growth team led by ex-TA Associates' principal

People

24 February, 2022

Lightspeed sets up dedicated India growth team led by ex-TA Associates' principal

Lightspeed India, known for its bets on Byju’s, Oyo and ShareChat, has formed a dedicated growth team that will be ......

Tiger Global backed fintech startup OkCredit laysoff employees

TMT

23 February, 2022

Tiger Global backed fintech startup OkCredit laysoff employees

OkCredit, which is backed by marquee investors including Tiger Global and Lightspeed, has laid off around 40 employees, a person...

Accelerator StartupBay invests $1.2 mn in Rocket AI

TMT

23 February, 2022

Accelerator StartupBay invests $1.2 mn in Rocket AI

StartupBay, an accelerator, on Wednesday, invested $1.2 million (around 8.9 crore) in Rocket AI to pick up a 10% stake. ......

Rakesh Jhunjhunwala-backed Arrivae raises $10 mn led by Think Investments, Havells Group

Consumer

23 February, 2022

Rakesh Jhunjhunwala-backed Arrivae raises $10 mn led by Think Investments, Havells Group

Arrivae, a made-to-order furniture manufacturer and home improvement company, has closed its Series B funding round with $10 million...

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Supply Chain Labs' first fund may overshoot target corpus of Rs 100 cr

Finance

23 February, 2022

Supply Chain Labs' first fund may overshoot target corpus of Rs 100 cr

Supply Chain Labs, which marked the first close of its debut supply chain focused fellowship fund earlier this week, plans ......

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