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Elevation, Accel co-lead investment in social commerce firm FreeUp

TMT

20 January, 2023

Elevation, Accel co-lead investment in social commerce firm FreeUp

Multi-stage investors Elevation Capital and Accel have come together to back social commerce platform Free Up in a ......

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Deals Digest: Fintech cos lead funding race this week

TMT

20 January, 2023

Deals Digest: Fintech cos lead funding race this week

Financial services sector took the front seat in funding activity this week, which also saw Walmart-owned digital ......

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GoMechanic auditors had raised red flags

Finance

20 January, 2023

GoMechanic auditors had raised red flags

Auditors of car service platform GoMechanic, whose founders confessed to errors in financial reporting, had previously ......

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Orios writes down GoMechanic investment

Finance

20 January, 2023

Orios writes down GoMechanic investment

Venture capital firm Orios Venture Partners, which owns about 17.1% of troubled car servicing startup GoMechanic, in an ......

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Piper Serica targets to raise Rs 250 cr CAT II AIF from mid-2024

TMT

19 January, 2023

Piper Serica targets to raise Rs 250 cr CAT II AIF from mid-2024

Mumbai-based portfolio management service, Piper Serica Advisors Pvt. Ltd is looking to launch its category-II ......

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Layoffs at startups continue in 2023 amid funding winter

TMT

18 January, 2023

Layoffs at startups continue in 2023 amid funding winter

Indian startups continued to lay off employees in 2023, with at least 11 tech startups firing 1,400 employees in the ......

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TA Associates looks to acquire stake in Synokem Pharma

Healthcare

18 January, 2023

TA Associates looks to acquire stake in Synokem Pharma

Private equity firm TA Associates has emerged as the frontrunner to acquire a controlling stake in drugmaker Synokem ......

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Former ICICI Venture, Tano Capital execs float consumer fund

Consumer

13 January, 2023

Former ICICI Venture, Tano Capital execs float consumer fund

Former investment managers at ICICI Venture and Tano Capital have floated early-stage venture firm Prath Ventures to ......

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ASG Hospital earmarks $123 mn for inorganic bets

Healthcare

13 January, 2023

ASG Hospital earmarks $123 mn for inorganic bets

Ophthalmology-focused ASG Hospital Pvt. Ltd. has kept aside over Rs 1,000 crore ($122.8 million) as part of its ......

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Antennae Ventures to launch incubator fund

TMT

12 January, 2023

Antennae Ventures to launch incubator fund

Mumbai-based ecosystem accelerator Antennae Ventures is looking to launch its debut $20 million (around Rs 163 crore) ......

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