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Prozo Distribution raises $10 mn led by Sixth Sense Ventures

TMT

02 March, 2022

Prozo Distribution raises $10 mn led by Sixth Sense Ventures

Prozo Distribution Pvt Ltd which operated supply chain, warehousing and logistics focused startup Prozo, has raised $10 million...

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Roots Ventures eyes $100 mn for second early-stage focussed fund

TMT

01 March, 2022

Roots Ventures eyes $100 mn for second early-stage focussed fund

The early-stage alternative asset manager, Roots Ventures, is planning to raise around Rs 750 crore ($99.4 million) for its early-stage...

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Finance

01 March, 2022

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Infibeam Avenues Ltd, the parent of payment gateway CCAvenue, has acquired contactless technology startup Uvik Technologies for...

West Bridge Capital bets on 8-month old edu fintech firm Kuhoo

TMT

01 March, 2022

West Bridge Capital bets on 8-month old edu fintech firm Kuhoo

Kuhoo Technology Services, which runs edu fintech platform Kuhoo, on Tuesday said it has racked up seed capital of $20 ......

Mindtree founders-backed VC firm marks final close of debut fund at Rs 320 cr

TMT

02 March, 2022

Mindtree founders-backed VC firm marks final close of debut fund at Rs 320 cr

Mela Ventures, which was floated by software services company Mindtree Ltd’s founders Krishnakumar Natarajan and Parthasarathy...

Adani Media Ventures to acquire minority stake in Quintillion Business Media

TMT

01 March, 2022

Adani Media Ventures to acquire minority stake in Quintillion Business Media

Digital media group Quint Digital Media Ltd has entered into a binding term sheet with the Adani Group which will ......

IIFL Wealth's asset arm picks up minority stake in OmniActive

Healthcare

01 March, 2022

IIFL Wealth's asset arm picks up minority stake in OmniActive

IIFL Asset Management (AMC), which is a part of IIFL Wealth Management, on Tuesday said it has acquired a  minority stake...

Y Combinator-backed Volopay raises $29 mn to kickstart India operations

Finance

01 March, 2022

Y Combinator-backed Volopay raises $29 mn to kickstart India operations

Volopay Co Pte Ltd, a corporate cards and payable management startup backed by US investor Y Combinator, is gearing up ......

Ashneer Grover resigned 'minutes' after receiving board agenda:  BharatPe

People

01 March, 2022

Ashneer Grover resigned 'minutes' after receiving board agenda: BharatPe

Ashneer Grover, co-founder and managing director of BharatPe, has resigned from the company. In an email sent to the company’s...

More women join PE/VC firms, but negligible progress on representation at the top: WinPE-BCG Report

People

01 March, 2022

More women join PE/VC firms, but negligible progress on representation at the top: WinPE-BCG Report

The proportion of women employees at private equity (PE) and venture capital (VC) firms operating in India grew from 15% ......

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