Multiples PE, SAIF Partners, RBL Bank among winners of VCCircle Awards
Private equity firm Multiples Alternate Asset Management Pvt Ltd, venture capital firm SAIF Partners and private-sector lender RBL Bank have emerged among the winners of VCCircle Awards 2017 declared on Wednesday in Mumbai.Digital healthcare platform Practo, ed-tech firm Simplilearn and diagnostics chain Thyrocare were also among the winners at the ......
Travel-tech startup ScoutMyTrip raises seed round
ScoutMyTrip Pvt. Ltd, which runs road-trip planning startup ScoutMyTrip, has raised an undisclosed amount in seed funding from co-working space and accelerator Z Nation Lab, a top company executive told VCCircle.The startup will use the funds to expand the team and develop sales and marketing strategies.Founded by Deepak Ananth and ......
KKR-backed Avendus floats $75 mn hedge fund
Alternative investment giant KKR-backed diversified financial services firm Avendus Group has launched a hedge fund after recently hiring the core team that managed Mumbai-based Ambit Holdings’ asset management business, the firm said in a statement.The long-short fund, a category-3 alternative investment fund (AIF), will have a target size of Rs ......
Avigo Capital leads $22M investment in Maharana Infrastructure & Professional Services
Avigo Capital, a mid-market private equity firm focused on SME investing, has put in Rs 100 crore in Maharana Infrastructure & Professional Services (MIPS) Pvt Ltd, a diversified firm engaged in services related to infrastructure development and consultancy for educational institutions.It is part of the group behind Kanpur-based Maharana Pratap ......
SaaS platform Omnify raises funding from Rajan Anandan, others
California- and Bangalore-based software-as-a-service (SaaS) platform Omnify, which is operated by Omnify Inc, has raised seed funding worth $150,000 (around Rs 96 lakh) from Google India MD Rajan Anandan, Shoogloo Group CEO LD Sharma and Airwoot co-founder Saurabh Arora, it said in a statement.A few other investors also participated in ......
Why India may be at a tipping point to attract large local investors for PE firms
The flow of domestic capital into private equity funds is still low in India but this could change in coming years as local institutions and affluent individuals deploy more money for such investments, said panellists at the News Corp VCCircle India Limited Partners Summit 2017.D Muthukumaran, CEO at Aditya Birla ......
Flipkart offering more ESOPs to shield staff from share price drop
Ecommerce major Flipkart is offering differential stock options to all eligible employees to protect them from the drop in its share price following the latest round of investment.In an email sent to employees, Flipkart Group CEO Binny Bansal said the differential grant was being made so that the total dollar ......
IFMR Investment floats two debt funds to raise up to $127 mn
IFMR Investment Managers Pvt. Ltd, a subsidiary of IFMR Capital Finance Pvt. Ltd, has floated two debt funds to raise a total of up to Rs 850 crore ($127 million). The two funds will take exposure to retail finance companies in sectors such as microfinance, small business loans, affordable housing finance, ......
Company watch: Furniture e-tailer Urban Ladder faces an uphill climb
In 2014, barely two years after starting the furniture e-commerce business, Ashish Goel and Rajiv Srivatsa realised that they needed to take a step back to make a big jump forward.The company they had founded, Urban Ladder Home Décor Solutions Pvt. Ltd, had grown too fast, too soon, and that ......
Ninjacart raises $5.5 mn led by Accel, Nilekani’s trust
Bangalore-based 63Ideas Infolabs Pvt Ltd, which runs B2B agri-marketing platform Ninjacart, has raised Rs 37 crore ($5.5 million) in a round led by Accel Partners and Infosys co-founder Nandan Nilekani’s NRJN Trust, Thirukumaran Nagarajan, co-founder and chief executive of the startup told VCCircle.Japanese investor Mistletoe, Qualcomm Ventures and M&S Partners ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News