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VC-backed Credilio eyes fresh fundraise, to focus on secured credit cards

TMT

08 August

VC-backed Credilio eyes fresh fundraise, to focus on secured credit cards

Fintech platform Credilio, which is backed by Cornerstone Ventures among others, is set to raise fresh capital to fuel ......

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CapitaLand to roll out India-specific fund for data centre bets

CapitaLand to roll out India-specific fund for data centre bets

Singapore-based real-estate investor CapitaLand Investment Limited, which has been backing various assets in India ......

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Electronics manufacturer Rikun gets $130-mn tag as it attracts multiple investors

Manufacturing

07 August

Electronics manufacturer Rikun gets $130-mn tag as it attracts multiple investors

Chennai-based electronics contract manufacturer Rikun Manufacturing Pvt Ltd, which is currently in the midst of raising ......

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Stellaris's Naman Lahoty on Fund III strategy, AI-led bets and early-stage consumer themes

Consumer

08 August

Stellaris's Naman Lahoty on Fund III strategy, AI-led bets and early-stage consumer themes

Bengaluru‑based Stellaris Venture Partners, founded in 2017 by former Helion VC senior executives Alok Goyal, Rahul ......

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Bottomline: PE-backed NeoGrowth pumps the brakes on growth to improve profitability

Finance

07 August

Bottomline: PE-backed NeoGrowth pumps the brakes on growth to improve profitability

Private equity-backed NBFC NeoGrowth Credit, which primarily lends to small and medium enterprises (SMEs), has reported ......

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Grapevine: Ontario Teachers', Peak XV Partners, Lightspeed in news

General

07 August

Grapevine: Ontario Teachers', Peak XV Partners, Lightspeed in news

Canadian pension fund Ontario Teachers’ Pension Plan (OTPP) and venture capital firm Lightspeed are looking to ......

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247VC close to hitting first close of maiden fund, reaches out to key LP

Finance

07 August

247VC close to hitting first close of maiden fund, reaches out to key LP

Early-stage venture capital firm 247VC is looking to mark the first close of its maiden fund within a couple of ......

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Elevation Capital ropes in portfolio firms' founder as operating partner

People

06 August

Elevation Capital ropes in portfolio firms' founder as operating partner

Elevation Capital, a homegrown venture capital firm that was previously known as SAIF Partners, has roped in the founder......

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Dental distribution company IDS Denmed gets nearly $30 mn tag in strategic deal

Healthcare

06 August

Dental distribution company IDS Denmed gets nearly $30 mn tag in strategic deal

IDS Denmed Pvt Ltd, a Delhi-based bootstrapped distribution firm providing a range of dental products, has struck a deal......

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 Grapevine: Evergreen Power, KKR, Vertis InvIT, NARCL, Krafton in news

General

06 August

Grapevine: Evergreen Power, KKR, Vertis InvIT, NARCL, Krafton in news

The South Korean gaming giant Krafton is set to invest in Bobble AI but at a significantly discounted valuation from ......