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Venture Capital

Matrix Partners leads funding in SaaS platform Sourcewiz

TMT

29 June, 2022

Matrix Partners leads funding in SaaS platform Sourcewiz

Sourcewiz, a software-as-a-service (SaaS) platform focused on digitization for exporters and export factories, has announced that...

Shubham Housing Development Finance raises $112 mn from BII, others

Infrastructure

29 June, 2022

Shubham Housing Development Finance raises $112 mn from BII, others

Mortgage lender Shubham Housing Development Finance Company, on Wednesday announced raising $112 million (around Rs 863 crore)...

EV startup Turno raises funding led by Stellaris, Avaana Capital

TMT

29 June, 2022

EV startup Turno raises funding led by Stellaris, Avaana Capital

Blubble Pvt. Ltd which operates electric vehicle startup Turno has raised $3.1 million (Rs 23.8 crore) in an equity funding ......

Byju's-owned WhiteHat Jr lays off 300 employees to cut costs

People

28 June, 2022

Byju's-owned WhiteHat Jr lays off 300 employees to cut costs

Edtech giant Byju’s-owned kids-focused coding platform WhiteHat Jr has laid off around 300 employees globally as the industry...

Bertelsmann raises $500 mn for India, eyes early-stage investments

Finance

28 June, 2022

Bertelsmann raises $500 mn for India, eyes early-stage investments

Venture capital company Bertelsmann India Investments has announced an India-focused fund of $500 million.  Additionally,...

Matrix-backed snacks startup Open Secret pockets Series B cheque

Consumer

28 June, 2022

Matrix-backed snacks startup Open Secret pockets Series B cheque

Healthy snacks startup, Open Secret has raised $10 million (Rs 78 crore) in a Series B round of funding led ......

Panthera Growth marks the first close of second $250 mn fund

TMT

28 June, 2022

Panthera Growth marks the first close of second $250 mn fund

Singapore-based Panthera Growth Partners (PGP) has announced the first close of its second fund after securing more than half...

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Sanjay Mehta-led 100X.VC to double down on early-stage bets this year

TMT

28 June, 2022

Sanjay Mehta-led 100X.VC to double down on early-stage bets this year

Early-stage backer 100X.VC is looking to double down on its investments in the current market scenario by increasing its average...

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Why India is at the centre of Bessemer's SaaS thesis

People

28 June, 2022

Why India is at the centre of Bessemer's SaaS thesis

Over the last six to eight months, US venture capital firm Bessemer Venture Partners has made at least five software ......

Premium
In FY22, South Africa's Prosus Ventures mostly invested in India

TMT

27 June, 2022

In FY22, South Africa's Prosus Ventures mostly invested in India

In FY22, Prosus Ventures invested a total of $900 million. Out of this, $800 million was invested in India, the ......

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