Gurgaon-based grocery e-commerce startup Satvacart bags seed funding from Palaash Ventures
Grocery e-commerce startup Satvacart Retail LLP, which currently operates in Gurgaon, has raised an undisclosed amount in seed funding from Delhi-based early and mid-stage VC firm Palaash Ventures and a group of angel investors, it said on Tuesday.A former managing director of a leading private equity firm also participated in ......
Warburg Pincus leads race to buy over 40% stake in Sharekhan
Warburg Pincus is leading the race to acquire over 40 per cent stake held by emerging markets-focused investment firm The Rohatyn Group in Mumbai-based retail stock brokerage firm Sharekhan Limited, sources privy to the development told VCCircle.Warburg Pincus had been among a string of other marquee suitors for the stake, ......
Angel Broking elevates Santanu Syam as COO
Mumbai-based brokerage firm Angel Broking Pvt Ltd has elevated Santanu Syam, currently executive director-operations, to chief operating officer of the group businesses with immediate effect, according to a press release.Syam had joined Angel Broking in June 2008 and was heading operations, compliance, customer service & legal departments.Prior to joining Angel ......
Home décor e-commerce startup BedBathMore eyes Series A funding
Blume Ventures-backed Encompass Design India Pvt Ltd, which operates premium home furnishinge-commerce portal BedBathMore, is in talks to raise fresh capital from existing and new investors to fund its growth plans.The 18-month old startup plans to invest the fresh money for augmenting its technology capabilities, increasing headcount, expanding geographic reach ......
On-demand physical storage solutions provider to consumers BoxMySpace raises $300K in angel funding
DTC Technologies Pvt Ltd, which owns and operates a platform for physical storage services or warehousing for consumers under the brand name BoxMySpace, has raised Rs 1.92 crore ($300,000) led by Farooq Oomerbhoy, one of the co-founders of early-stage investment firm Orios Venture Partners, the company said on Tuesday.Ritesh Veera ......
Everstone appoints Bhavna Thakur as head of capital markets & exits function
Private equity firm Everstone Capital has appointed Bhavna Thakur as head of capital markets and exits across both private equity and real estate investment platforms, it said on Thursday. She will be based in the company's Mumbai office.Thakur, who has more than one-and-a-half decades of corporate finance, investment banking, M&A ......
HDFC PMS exits Pune-based Marvel Realtors’ projects for $24M
HDFC PMS, an arm of the HDFC Asset Management Company or HDFC AMC, has exited its four-year-old investment in a string of projects by Pune-based real estate developer Marvel Realtors for Rs 152 crore ($23.9 million), clocking an internal rate of return (IRR) of 20 per cent, the company said ......
VCCircle Bengaluru Investment Summit is just a week away; book your seat
Are you an entrepreneur, investor or founder of a growth stage company? Then this is your go-to event to know what is happening in the Silicon Valley of India. Besides being the hub for technology, the city presents several business opportunities in real estate; food services & technology and healthcare ......
Arth Capital’s fundraise flounders; partners now working with Gaja Capital
Three years after floating Arth Capital to raise a mid-market private equity fund, Sumit Chandwani, co-founder and partner at the investment advisory firm, has moved on to join home-grown growth equity firm Gaja Capital, people aware of the development told VCCircle.While Chandwani has joined as an operating partner and has ......
NDTV attracts potential investors for e-commerce ventures in food, automobile & gadgets
Media group NDTV Ltd said on Wednesday that it has received potential investment interest from unnamed entities for its digital media subsidiary NDTV Convergence Ltd to launch e-commerce ventures in the field of food, automobiles and gadgets.According to the statement, it has signed non-binding term sheets.It had said in March ......
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