Verlinvest backs beverage platform Lahori
Punjab-based beverage startup Lahori has raised $15 million (around Rs 110 crore) funding from consumer-focused investor Verlinvest...
Tiger Global leads $82 mn funding in earned wage access platform Refyne
Earned wage access (EWA) platform Refyne, owned and operated by Refyne Tech Pvt Ltd, has raised $82 million (around Rs 606.7 crore)...
IFC to invest up to $20 mn in Faering Capital’s third private equity fund
World Bank’s International Finance Corporation (IFC) said it has proposed to invest up to $20 million (Rs 150 crore) in...
NIIF, CDC-backed Ayana Renewable closes deal to buy 100% stake in ACME’s solar plant
National Investment and Infrastructure Fund (NIIF)-owned Ayana Renewable Power Private Ltd (Ayana), announced the closure of a...
Grofers rebrands to Blinkit as quick commerce space heats up
E-grocery unicorn, Grofers has rebranded itself to Blinkit, as the company places big bets on the quick commerce or 10-minute...
Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries
Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care &...
CDC expands strategy; appoints first female chairperson
UK’s development finance institution (DFI), CDC Group, which will rename itself as British International Investment beginning...
NephroPlus closes $24 mn series E round from IIFL AMC, existing investors
Dialysis chain NephroPlus, backed by Bahrain-based private equity firm Investcorp, has raised $24 million (around Rs 180 crore)...
Ninjacart pockets $145 mn in fresh funding from Flipkart, Walmart
Ninjacart, a business-to-business marketplace for agricultural produce, said on Monday it has raised $145 million (Rs 1,095 crore)...
After blockbuster year, will the Indian startup boom continue?
It’s ironic that unicorns, which are supposed to be extremely rare, mythical beasts, are now so commonplace. This time around,...
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