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Falcon Edge, Bay Capital invest in Five Star Business ahead of its IPO

Finance

15 December, 2021

Falcon Edge, Bay Capital invest in Five Star Business ahead of its IPO

Private equity investors Falcon Edge Capital and Bay Capital have invested $26 million in market-bound non-bank lender Five Star...

CocoWorks raises funds; Nexus Incubator backs E-rehab platform

Finance

15 December, 2021

CocoWorks raises funds; Nexus Incubator backs E-rehab platform

E-rehab platform Resolve 360, operated by Rehabunified Pvt Ltd, has received a $10,000 (around Rs 7 lakh) start-up development...

Varanium Capital marks the final close of fintech VC fund at 140 cr

Finance

15 December, 2021

Varanium Capital marks the final close of fintech VC fund at 140 cr

Varanium Capital, a boutique asset management company, has marked the final close of its debut fintech-focused venture capital...

JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation

Finance

15 December, 2021

JusPay raises $60 mn from SoftBank Vision Fund 2, others at $460 mn valuation

JusPay Technologies Pvt Ltd, which operates a payments technology platform, has raised $60 million in its Series C funding round...

Hyperface raises funding from Binny Bansal's 021 Capital & others

Finance

15 December, 2021

Hyperface raises funding from Binny Bansal's 021 Capital & others

Bengaluru-based credit card service startup Hyperface has raised an undisclosed amount in a pre-Seed funding round from Binny...

SBI may offload 6% stake in its asset management arm via IPO

Finance

15 December, 2021

SBI may offload 6% stake in its asset management arm via IPO

State Bank of India, India's largest and biggest public sector lender, on Wednesday said it will explore possibilities to...

Open acquires consumer neo-banking platform Finin for $10 mn

Finance

14 December, 2021

Open acquires consumer neo-banking platform Finin for $10 mn

Small-and-medium-enterprise (SME) focused neo-bank, Open has acquired consumer neo-banking platform Finin for $10 million (around...

Klub raises Rs 200 cr for its revenue-based fund Aceler8

Finance

14 December, 2021

Klub raises Rs 200 cr for its revenue-based fund Aceler8

Revenue-based financing platform Klub has marked the first close of its revenue-based financing fund--Aceler8 at Rs 200 crore,...

Swiggy, Mensa Brands backer Norwest Venture Partners closes $3 bn fund

Finance

14 December, 2021

Swiggy, Mensa Brands backer Norwest Venture Partners closes $3 bn fund

Norwest Venture Partners, which has invested in Indian companies such as Swiggy, OfBusiness and Mensa Brands, on Tuesday said...

Mamaearth parent announces ESOPs worth Rs 20 cr

Finance

14 December, 2021

Mamaearth parent announces ESOPs worth Rs 20 cr

Honasa Consumer Pvt. Ltd. (HCPL), parent of Mamaearth and The Derma Co, announced an employee stock option plan (ESOPs) worth...

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